Funding you earn now, next payment 07:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.10 per $10,000 · paid last 24h −0.006%
Price spread now: Deribit against QFEX+0.011%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.425% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.011%, 7d avg +0.025%
=The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 186.60 | −0.0049 | get 0.0006% / 1h | 28m 25s | $1.2M | $4.2M | 10x |
| Short | Deribit SKHY_USDC-PERPETUAL | 186.62 | −0.0125 | pay 0.0016% / 1h | 28m 25s | $49K | $342K | 10x |
QFEX SKHY-USD
Deribit SKHY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against QFEX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.97
- Price spread: +0.011% → +0.025%
- −$1.39
- Slippage, 4 orders
- −$25.49
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$59.86
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Deribit: live order book, 15 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 5 min ago | 1.34 bp | 6.3 bp −$6 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 15 min ago | 6.16 bp | 14.8 bp −$15 | 17.7 bp −$177 | doesn't fit | doesn't fit |
SKHY on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1287% | 8h | 186.80 | +0.107% | $25.1M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0284% | 4h | 186.40 | −0.108% | $562K | $292K | 10x | as long as short |
| Nado SKHY-PERP | −0.0197% | 1h | 186.72 | +0.066% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0189% | 1h | 186.61 | +0.005% | $158.6M | $74.7M | 10x | as long as short |
| Popdex SKHYUSDT | −0.0184% | 1h | 186.62 | +0.011% | $197K | $275K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0176% | 1h | 186.52 | −0.043% | $180K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.66 | +0.030% | $47K | $19K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | −0.0125% | 1h | 186.62 | +0.011% | $49K | $342K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.616% | $63K | $902K | 10x | as long as short |
| Lighter SKHY | −0.0072% | 1h | 186.58 | −0.011% | $954K | $1.1M | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Coinbase International SKHY-PERP-INTX
Lighter SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USDlong | −0.0049% | 1h | 186.60 | long leg | $1.2M | $4.2M | 10x | |
| Ondo Perps SKHY-USD.P | −0.0048% | 1h | 186.32 | −0.150% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.72 | +0.064% | $226K | $919K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.59 | −0.007% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.63 | +0.016% | $199.2M | $439.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.65 | +0.027% | $15.9M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.62 | +0.011% | $44.6M | $77.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.61 | +0.005% | $25.5M | $20.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.43 | −0.090% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.39 | −0.113% | $22K | $229K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.95 | +0.188% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.51 | −0.048% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.63 | +0.016% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.55 | −0.027% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.45 | −0.080% | $59K | $166K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.64 | +0.021% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.60 | 0.000% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0087% | 8h | 186.56 | −0.021% | $1.1M | $329K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.61 | +0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.58 | −0.011% | $2.2M | $420K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.53 | −0.038% | $209K | $115K | 10x | as long as short |
Ondo Perps SKHY-USD.P
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY