Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.005%
Price spread now: Aster against Deribit+0.076%7-day average −0.011% · 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−$34as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 4 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.076%, 7d avg −0.011%
=Together, before fees−0.033%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.087% dearer against Deribit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 189.27 | −0.0120 | get 0.0015% / 1h | 13m 46s | $48K | $330K | 10x |
| Short | Aster SKHYUSDT | 189.41 | 0 | get 0.0000% / 8h | 3h 13m | $245K | $894K | 50x |
Deribit SKHY_USDC-PERPETUAL
Aster SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- $25.14
- Price spread: +0.076% → −0.011%
- $8.7
- Slippage, 4 orders
- −$28.14
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$9.3
- Costs to cover
- 0.431%
- Break-even
- 9.6 days
Slippage from Deribit: live order book, 40 min ago; Aster: live order book, 39 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 Deribit live order book, 40 min ago | 4.17 bp | 9.6 bp −$10 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Aster live order book, 39 min ago | 0.78 bp | 6.3 bp −$6 | 55.4 bp −$554 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0229% | 4h | 189.30 | +0.018% | $571K | $291K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | −0.0120% | 1h | 189.27 | long leg | $48K | $330K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.312% | $36K | $876K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0100% | 8h | 189.41 | +0.074% | $24.2M | $29.1M | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0024% | 1h | 189.30 | +0.016% | $158.7M | $69.8M | 10x | as long as short |
| Aster SKHYUSDTshort | 0.0000% | 8h | 189.41 | +0.076% | $245K | $894K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 189.32 | +0.027% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.40 | +0.069% | $199.8M | $410.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.38 | +0.058% | $15.4M | $28.8M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.39 | +0.063% | $44.9M | $73.5M | 50x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Bitget SKHYUSDT
tradeXYZ xyz:SKHY
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 189.36 | +0.048% | $25.3M | $19.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.52 | +0.133% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.44 | +0.090% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.64 | +0.195% | $694 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.27 | 0.000% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.31 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 189.20 | −0.037% | $997K | $734K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.30 | +0.016% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0022% | 1h | 189.41 | +0.073% | $34K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.22 | −0.026% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.40 | +0.069% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.40 | +0.069% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.33 | +0.032% | $199K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.25 | −0.011% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.30 | +0.016% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.23 | −0.021% | $528K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.38 | +0.058% | $1.1M | $314K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.34 | +0.037% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.35 | +0.042% | $2.2M | $437K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.71 | +0.232% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0692% | 1h | 189.34 | +0.036% | $48K | $19K | 20x | as long as short |
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD