SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.005%

Price spread now: Arcus against tradeXYZ+0.057%7-day average 0.000% · 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−$33as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on tradeXYZ Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.052%+$5 on $10k

Price spread, last 4 days (all we have)+0.021%+$2 · spread now +0.057%, 7d avg 0.000%

Together, before fees+0.073%+ Points / potential airdroptradeXYZ: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.057% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of 0.000%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 20 days. Mind the row above: over the last 4 days funding on this pair paid +0.052%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SKHY	192.88	0.0050	pay 0.0006% / 1h	49m 37s	$162.1M	$66.3M	10x
Short	Arcus SKHY-USD	192.99	0.0040	get 0.0005% / 1h	49m 37s	$57K	$154K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee ArcusbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$2.04
Price spread: +0.057% → 0.000%: $5.7
Slippage, 4 orders: −$16.31
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$35.15
Costs to cover: 0.388%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 10 min ago; Arcus: live order book, 13 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 tradeXYZ live order book, 10 min ago	0.52 bp	9.7 bp −$10	11.0 bp −$110	doesn't fit	doesn't fit
Sell Arcus live order book, 13 min ago	4.41 bp	9.9 bp −$10	20.1 bp −$201	doesn't fit	doesn't fit

SKHY on 30 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
edgeX SKHYUSDC	−0.0107%	4h	193.03	+0.077%	$582K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0032%	1h	192.90	+0.010%	$45K	$874K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.89	+0.007%	$248K	$890K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.82	−0.031%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.88	−0.002%	$208.3M	$385.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.91	+0.016%	$15.7M	$27.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.97	+0.047%	$46.9M	$69.2M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.88	0.000%	$25.8M	$18.9M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	193.08	+0.102%	$1.6M	$1.3M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	193.09	+0.109%	$22K	$193K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.23	+0.181%	$707	$6.4M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.88	0.000%	$160K	$368K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.89	+0.005%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0004%	1h	192.85	−0.016%	$1.2M	$4.3M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.81	−0.036%	$1.0M	$685K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.87	−0.005%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USDshort	+0.0040%	1h	192.99	+0.057%	$57K	$154K	10x
Vest SKHY-USD-PERP	+0.0046%	1h	193.01	+0.067%	—	$11K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.91	+0.016%	$198K	$255K	20x	as long as short
tradeXYZ xyz:SKHYlong	+0.0050%	1h	192.88	long leg	$162.1M	$66.3M	10x
Polymarket Perps SKHY-USD	+0.0050%	1h	192.84	−0.021%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.93	+0.026%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.91	+0.016%	$569K	$2.1M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0061%	1h	192.96	+0.041%	$48K	$285K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.96	+0.041%	$1.1M	$290K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.94	+0.031%	$2K	$4K	10x	as long as short
Nado SKHY-PERP	+0.0125%	1h	193.02	+0.073%	$38K	$26K	10x	as long as short
Bitget SKHYUSDT	+0.0218%	8h	192.94	+0.031%	$25.6M	$26.4M	20x	as long as short
Phoenix SKHY	+0.0332%	1h	193.23	+0.181%	$216K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0546%	1h	193.07	+0.097%	$51K	$17K	20x	as long as short