Funding you earn now, next payment 02:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.005%
Price spread now: Arcus against KuCoin+0.005%7-day average −0.007% · 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−$76as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 3 days (all we have)+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.005%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYUSDTM | 192.60 | 0.0100 | pay 0.0100% / 8h | 6h 13m | $1.1M | $285K | 20x |
| Short | Arcus SKHY-USD | 192.61 | 0.0040 | get 0.0005% / 1h | 13m 08s | $57K | $155K | 10x |
KuCoin SKHYUSDTM
Arcus SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against KuCoin. 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
- −$12.54
- Price spread: +0.005% → −0.007%
- $1.17
- Slippage, 4 orders
- −$60.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$88.49
- Costs to cover
- 0.771%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Arcus: live order book, 55 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 KuCoin live order book, 2 min ago | 2.85 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 55 min ago | 3.36 bp | 11.9 bp −$12 | 19.6 bp −$196 | doesn't fit | doesn't fit |
SKHY on 30 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 | −0.0263% | 4h | 192.66 | +0.029% | $581K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | +0.156% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.63 | +0.017% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.52 | −0.041% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.58 | −0.010% | $208.7M | $386.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.58 | −0.010% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.57 | −0.016% | $46.7M | $69.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.57 | −0.016% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.55 | −0.026% | $1.6M | $1.9M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.68 | +0.042% | $23K | $193K | 10x | as long as short |
edgeX SKHYUSDC
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_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 192.85 | +0.130% | $706 | $6.5M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.55 | −0.026% | $48K | $272K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.52 | −0.042% | $160K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.58 | −0.010% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.59 | −0.005% | $1.2M | $4.4M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.44 | −0.083% | $1.0M | $689K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.45 | −0.078% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 192.61 | +0.005% | $57K | $155K | 10x | |
| Nado SKHY-PERP | +0.0044% | 1h | 192.65 | +0.025% | $38K | $26K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.63 | +0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.63 | +0.016% | $197K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.57 | −0.016% | $162.0M | $66.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.55 | −0.026% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.55 | −0.026% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.67 | +0.036% | $531K | $1.9M | 10x | as long as short |
| KuCoin SKHYUSDTMlong | +0.0100% | 8h | 192.60 | long leg | $1.1M | $285K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.59 | −0.005% | $2K | $4K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0243% | 8h | 192.69 | +0.047% | $25.5M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.48 | −0.062% | $216K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0707% | 1h | 192.70 | +0.051% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Nado SKHY-PERP
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD