Funding you earn now, next payment 10:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.013%
Price spread now: Arcus against Coinbase International+0.064%7-day average −0.149% · 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−$26as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 4 days (all we have)+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.064%, 7d avg −0.149%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Arcus is 0.213% dearer against Coinbase International than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.149%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SKHY-PERP-INTX | 187.65 | −0.0040 | get 0.0005% / 1h | 43m 22s | $110K | $768K | 10x |
| Short | Arcus SKHY-USD | 187.77 | 0.0040 | get 0.0005% / 1h | 43m 22s | $60K | $131K | 10x |
Coinbase International SKHY-PERP-INTX
Arcus SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. 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
- $16.86
- Price spread: +0.064% → −0.149%
- $21.27
- Slippage, 4 orders
- −$32.29
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$8.66
- Costs to cover
- 0.468%
- Break-even
- 10.6 days
Slippage from Coinbase International: live order book, 3 min ago; Arcus: live order book, 3 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 Coinbase International live order book, 3 min ago | 10.65 bp | 15.7 bp −$16 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 3.73 bp | 6.0 bp −$6 | 9.3 bp −$93 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0781% | 4h | 187.75 | +0.051% | $566K | $287K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0541% | 8h | 187.87 | +0.117% | $26.1M | $36.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0267% | 1h | 187.30 | −0.186% | $51K | $37K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0117% | 8h | 187.78 | +0.069% | $1.1M | $478K | 20x | as long as short |
| Nado SKHY-PERP | −0.0085% | 1h | 187.80 | +0.082% | $32K | $28K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0069% | 1h | 187.75 | +0.053% | $41K | $475K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0048% | 1h | 187.75 | +0.053% | $158.6M | $78.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | −0.0040% | 1h | 187.65 | long leg | $110K | $768K | 10x | |
| QFEX SKHY-USD | −0.0013% | 1h | 187.75 | +0.053% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.92 | +0.145% | $263K | $913K | 50x | as long as short |
edgeX SKHYUSDC
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
KuCoin SKHYUSDTM
Nado SKHY-PERP
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
QFEX SKHY-USD
Aster SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 187.78 | +0.068% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.83 | +0.096% | $198.2M | $473.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.82 | +0.091% | $16.5M | $34.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.82 | +0.091% | $44.5M | $85.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.75 | +0.053% | $25.4M | $21.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.84 | +0.100% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.11 | +0.245% | $23K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.98 | +0.176% | $688 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.72 | +0.037% | $155K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.80 | +0.080% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 187.73 | +0.043% | $987K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.68 | +0.016% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 187.77 | +0.064% | $60K | $131K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.82 | +0.091% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.83 | +0.096% | $203K | $308K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.75 | +0.053% | $182K | $353K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.73 | +0.043% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.59 | −0.032% | $525K | $2.5M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.83 | +0.096% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.77 | +0.064% | $2.2M | $481K | 50x | as long as short |
| Phoenix SKHY | +0.0255% | 1h | 188.03 | +0.203% | $211K | $123K | 10x | as long as short |
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 SKHY
Lighter RH SKHY
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY