Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%
Price spread now: Bybit against Deribit−0.021%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 4 days (all we have)+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.021%, 7d avg −0.011%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 187.59 | 0 | get 0.0000% / 1h | 43m 05s | $52K | $492K | 10x |
| Short | Bybit SKHYUSDT | 187.55 | 0 | get 0.0000% / 8h | 4h 43m | $16.4M | $34.0M | 100x |
Deribit SKHY_USDC-PERPETUAL
Bybit SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.021% → −0.011%
- −$0.98
- Slippage, 4 orders
- −$29.06
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$48.05
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 64 min ago; Bybit: live order book, 4 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, 64 min ago | 5.59 bp | 19.2 bp −$19 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.53 bp | 9.3 bp −$9 | 17.7 bp −$177 | 83.4 bp −$8,341 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SKHYUSD | −0.2061% | 1h | 187.33 | −0.138% | $50K | $37K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0214% | 8h | 187.42 | −0.091% | $1.1M | $526K | 20x | as long as short |
| Bitget SKHYUSDT | −0.0204% | 8h | 187.60 | +0.005% | $26.1M | $36.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0117% | 4h | 187.44 | −0.080% | $565K | $287K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0096% | 1h | 187.55 | −0.021% | $110K | $722K | 10x | as long as short |
| Nado SKHY-PERP | −0.0073% | 1h | 187.53 | −0.033% | $32K | $28K | 10x | as long as short |
| Extended SKHY-USD | −0.0016% | 1h | 187.50 | −0.050% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | −0.0015% | 8h | 187.57 | −0.013% | $197.2M | $473.7M | 50x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 187.46 | −0.069% | $1.2M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0010% | 1h | 187.55 | −0.021% | $158.5M | $77.4M | 10x | as long as short |
Kraken Futures PF_SKHYUSD
KuCoin SKHYUSDTM
Bitget SKHYUSDT
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Nado SKHY-PERP
Extended SKHY-USD
Binance SKHYUSDT
QFEX SKHY-USD
tradeXYZ xyz:SKHYShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 187.53 | −0.030% | $258K | $919K | 50x | as long as short |
| Bybit SKHYUSDTshort | 0.0000% | 8h | 187.55 | −0.021% | $16.4M | $34.0M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.55 | −0.021% | $44.5M | $85.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.48 | −0.059% | $25.3M | $21.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.38 | −0.113% | $1.5M | $948K | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.53 | −0.032% | $22K | $259K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.82 | +0.123% | $687 | $5.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | 0.0000% | 1h | 187.59 | long leg | $52K | $492K | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 187.48 | −0.059% | $154K | $384K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.54 | −0.027% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 187.50 | −0.048% | $980K | $1.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.45 | −0.075% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.45 | −0.075% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.47 | −0.064% | — | $40K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.53 | −0.032% | $202K | $319K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.46 | −0.069% | $182K | $342K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.53 | −0.032% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.56 | −0.016% | $523K | $2.5M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.54 | −0.027% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0103% | 8h | 187.54 | −0.027% | $2.2M | $496K | 50x | as long as short |
| Phoenix SKHY | +0.0298% | 1h | 187.78 | +0.101% | $210K | $123K | 10x | as long as short |
Aster 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
Arcus SKHY-USD
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