Funding you earn now, next payment 01:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h −0.016%
Price spread now: Deribit against Extended+0.041%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Deribit is 0.041% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SKHY-USD | 193.18 | 0 | get 0.0000% / 1h | 45m 57s | $56K | $6K | 10x |
| Short | Deribit SKHY_USDC-PERPETUAL | 193.26 | 0.0268 | get 0.0033% / 1h | 45m 57s | $46K | $259K | 10x |
Extended SKHY-USD
Deribit SKHY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- $56.22
- Price spread: +0.041% → 0.000%
- $4.12
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $48.34
- Costs to cover
- 0.120%
- Break-even
- 1.0 days
Slippage unknown: Extended: no order-book sample; Deribit: live order book, 28 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 28 min ago | 10.29 bp | 15.4 bp −$15 | 18.7 bp −$187 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0833% | 4h | 192.72 | −0.237% | $581K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0065% | 1h | 193.14 | −0.021% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.86 | −0.164% | $256K | $921K | 50x | as long as short |
| Extended SKHY-USDlong | 0.0000% | 1h | 193.18 | long leg | $56K | $6K | 10x | |
| Binance SKHYUSDT | 0.0000% | 8h | 193.21 | +0.018% | $213.7M | $384.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.26 | +0.041% | $15.9M | $27.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.28 | +0.052% | $47.3M | $66.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.13 | −0.026% | $26.4M | $17.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 193.25 | +0.036% | $25.8M | $26.6M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.22 | +0.018% | $1.6M | $2.3M | — | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
Aster SKHYUSDT
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.46 | +0.145% | $708 | $7.0M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.12 | −0.031% | $160K | $396K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.97 | −0.109% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.18 | 0.000% | $1.2M | $5.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.06 | −0.062% | $1.0M | $620K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.01 | −0.088% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.99 | −0.099% | $57K | $155K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0045% | 8h | 193.03 | −0.078% | $1.1M | $276K | 20x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.21 | +0.015% | — | $13K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.24 | +0.031% | $197K | $256K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.25 | +0.036% | $611K | $1.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 190.51 | −1.382% | $171K | $682K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.19 | +0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.42 | +0.124% | $2.3M | $429K | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | +0.0268% | 1h | 193.26 | +0.041% | $46K | $259K | 10x | |
| GRVT SKHY_USDT_Perp | +0.0282% | 8h | 192.80 | −0.198% | $23K | $202K | 10x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.35 | −0.430% | $217K | $120K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0396% | 1h | 193.15 | −0.016% | $200K | $416K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0500% | 1h | 193.09 | −0.047% | $166.9M | $65.2M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.25 | +0.038% | $51K | $25K | 20x | as long as short |
| SoDEX SKHY-USD | +0.1184% | 1h | 193.14 | −0.021% | $43K | $13K | 10x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
KuCoin SKHYUSDTM
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
GRVT SKHY_USDT_Perp
Phoenix SKHY
Polymarket Perps SKHY-USD
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSD
SoDEX SKHY-USD