Funding you earn now, next payment 11:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.014%
Price spread now: Deribit against HTX−0.016%7-day average +0.046% · 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−$53as in the Price arb table
costs, in and out, $10k−$470.470% of the position
Funding, last 4 days (all we have)−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.016%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.062% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKHY-USDT | 187.72 | 0 | get 0.0000% / 8h | 5h 44m | $155K | $376K | 50x |
| Short | Deribit SKHY_USDC-PERPETUAL | 187.69 | −0.0176 | pay 0.0022% / 1h | 44m 45s | $40K | $473K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against HTX. 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
- −$36.97
- Price spread: −0.016% → +0.046%
- −$6.2
- Slippage, 4 orders
- −$27.99
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$90.16
- Costs to cover
- 0.470%
- Break-even
- never at this rate
Slippage from HTX: live order book, 1 min ago; Deribit: live order book, 2 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 HTX live order book, 1 min ago | 2.40 bp | 9.8 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 2 min ago | 5.59 bp | 9.6 bp −$10 | 13.3 bp −$133 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.0548% | 8h | 187.75 | +0.016% | $26.1M | $36.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0437% | 4h | 188.02 | +0.160% | $567K | $287K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0267% | 1h | 187.32 | −0.212% | $51K | $37K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | −0.0176% | 1h | 187.69 | −0.016% | $40K | $473K | 10x | |
| KuCoin SKHYUSDTM | −0.0117% | 8h | 187.79 | +0.037% | $1.1M | $478K | 20x | as long as short |
| Nado SKHY-PERP | −0.0100% | 1h | 187.82 | +0.055% | $32K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0065% | 1h | 187.64 | −0.043% | $158.5M | $78.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0040% | 1h | 187.65 | −0.037% | $110K | $768K | 10x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 187.74 | +0.011% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.90 | +0.098% | $264K | $913K | 50x | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 187.65 | −0.040% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.73 | +0.004% | $198.1M | $473.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.67 | −0.027% | $16.4M | $34.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.67 | −0.027% | $44.5M | $85.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.63 | −0.048% | $25.3M | $21.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.84 | +0.062% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.11 | +0.208% | $23K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.05 | +0.176% | $688 | $5.5M | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 187.72 | long leg | $155K | $376K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.78 | +0.032% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 187.59 | −0.069% | $986K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.55 | −0.091% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.63 | −0.048% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.83 | +0.059% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.83 | +0.059% | $203K | $308K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.74 | +0.011% | $182K | $353K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.78 | +0.032% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.59 | −0.069% | $525K | $2.5M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.78 | +0.032% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.77 | +0.027% | $2.2M | $481K | 50x | as long as short |
| Phoenix SKHY | +0.0255% | 1h | 188.46 | +0.394% | $211K | $123K | 10x | as long as short |
HTX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
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
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY