Funding you earn now, next payment 10:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Binance against Arcus+0.019%7-day average +0.027% · 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−$27as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 4 days (all we have)−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)−0.138%−$14 · spread now +0.019%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 186.77 | 0.0040 | pay 0.0005% / 1h | 10m 24s | $60K | $129K | 10x |
| Short | Binance SKHYUSDT | 186.81 | 0 | get 0.0000% / 8h | 6h 10m | $197.4M | $467.2M | 50x |
Arcus SKHY-USD
Binance SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Arcus. 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
- −$8.46
- Price spread: +0.019% → +0.027%
- −$0.75
- Slippage, 4 orders
- −$11.26
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.97
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 40 min ago; Binance: live order book, 11 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 Arcus live order book, 40 min ago | 2.42 bp | 8.3 bp −$8 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.27 bp | 5.3 bp −$5 | 7.1 bp −$71 | 18.9 bp −$1,889 | 76.2 bp −$38.1K |
SKHY on 31 exchanges
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 | −0.0686% | 8h | 186.84 | +0.037% | $25.8M | $35.8M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0232% | 1h | 186.75 | −0.011% | $24K | $440K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0132% | 8h | 186.81 | +0.021% | $1.1M | $447K | 20x | as long as short |
| edgeX SKHYUSDC | −0.0128% | 4h | 186.63 | −0.076% | $562K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0010% | 1h | 186.91 | +0.075% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.82 | +0.027% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.80 | +0.015% | $264K | $910K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.74 | −0.018% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDTshort | 0.0000% | 8h | 186.81 | +0.019% | $197.4M | $467.2M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.81 | +0.021% | $16.2M | $33.9M | 100x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
edgeX SKHYUSDC
Nado SKHY-PERP
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.86 | +0.048% | $44.3M | $83.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.80 | +0.016% | $25.2M | $21.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.84 | +0.039% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.84 | +0.037% | $22K | $251K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.10 | +0.177% | $685 | $5.6M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.83 | +0.032% | $155K | $375K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.86 | +0.048% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0011% | 1h | 186.78 | +0.005% | $158.0M | $77.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.79 | +0.011% | $985K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.73 | −0.021% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 186.77 | long leg | $60K | $129K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.87 | +0.054% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.83 | +0.032% | $199K | $299K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.74 | −0.016% | $180K | $365K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.79 | +0.011% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.68 | −0.048% | $522K | $2.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.369% | $110K | $779K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.80 | +0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.90 | +0.070% | $2.2M | $454K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 186.87 | +0.054% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0754% | 1h | 186.72 | −0.026% | $51K | $36K | 20x | as long as short |
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
Lighter SKHY
Lighter RH SKHY
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD