Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.020%
Price spread now: Deribit against Arcus+0.021%7-day average +0.040% · 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−$49as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 4 days (all we have)−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.021%, 7d avg +0.040%
=The price spread sits at its 7-day average of +0.040%, 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 | 186.61 | 0.0040 | pay 0.0005% / 1h | 33m 24s | $60K | $171K | 10x |
| Short | Deribit SKHY_USDC-PERPETUAL | 186.65 | 0 | get 0.0000% / 1h | 33m 24s | $49K | $347K | 10x |
Arcus SKHY-USD
Deribit SKHY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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: +0.021% → +0.040%
- −$1.82
- Slippage, 4 orders
- −$35.22
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$57.01
- Costs to cover
- 0.467%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 5 min ago; Deribit: live order book, 5 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, 5 min ago | 4.29 bp | 9.5 bp −$9 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 5 min ago | 6.70 bp | 10.2 bp −$10 | 15.6 bp −$156 | 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 | −0.1271% | 8h | 186.87 | +0.139% | $25.4M | $33.1M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0749% | 4h | 186.53 | −0.041% | $562K | $291K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.82 | +0.111% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0219% | 1h | 186.71 | +0.054% | $158.6M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0177% | 1h | 186.84 | +0.123% | $33K | $28K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0136% | 1h | 186.76 | +0.080% | $205K | $288K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0127% | 1h | 186.63 | +0.011% | $180K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.520% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.75 | +0.075% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0037% | 8h | 186.67 | +0.032% | $1.1M | $328K | 20x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
KuCoin SKHYUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SKHY | −0.0016% | 1h | 186.69 | +0.043% | $975K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.73 | +0.063% | $223K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.59 | −0.011% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.65 | +0.022% | $200.7M | $450.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.72 | +0.059% | $16.7M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.68 | +0.038% | $44.7M | $79.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.72 | +0.059% | $25.6M | $21.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.58 | −0.017% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.63 | +0.011% | $22K | $233K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.90 | +0.155% | $684 | $6.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | 0.0000% | 1h | 186.65 | +0.021% | $49K | $347K | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 186.62 | +0.005% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.66 | +0.027% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0018% | 1h | 186.48 | −0.070% | $521K | $2.6M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.68 | +0.038% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 186.61 | long leg | $60K | $171K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.73 | +0.064% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.62 | +0.005% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.63 | +0.011% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.61 | 0.000% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.78 | +0.091% | $209K | $123K | 10x | as long as short |
Lighter SKHY
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
Ondo Perps SKHY-USD.P
Lighter RH SKHY
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY