Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Arcus against Popdex−0.187%7-day average −0.027% · 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−$320.316% of the position
Funding, last 4 days (all we have)+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.187%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.160% cheaper against Popdex than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 187.62 | 0.0032 | pay 0.0004% / 1h | 10m 06s | $196K | $273K | 20x |
| Short | Arcus SKHY-USD | 187.27 | 0.0040 | get 0.0005% / 1h | 10m 06s | $58K | $164K | 10x |
Popdex SKHYUSDT
Arcus SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Popdex. 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
- $1.74
- Price spread: −0.187% → −0.027%
- −$15.98
- Slippage, 4 orders
- −$20.67
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$45.81
- Costs to cover
- 0.316%
- Break-even
- 191.5 days
Slippage from Popdex: live order book, 39 min ago; Arcus: live order book, 38 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 Popdex live order book, 39 min ago | 2.38 bp | 6.1 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 38 min ago | 4.24 bp | 9.5 bp −$10 | 16.3 bp −$163 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1210% | 8h | 187.78 | +0.085% | $25.1M | $31.3M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0332% | 4h | 187.06 | −0.299% | $564K | $290K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0229% | 1h | 187.62 | 0.000% | $48K | $336K | 10x | as long as short |
| Nado SKHY-PERP | −0.0146% | 1h | 187.70 | +0.044% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0118% | 1h | 187.70 | +0.043% | $159.3M | $74.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0093% | 1h | 187.55 | −0.037% | $181K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.160% | $61K | $897K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 187.56 | −0.032% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0011% | 1h | 187.45 | −0.091% | $516K | $2.6M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 187.66 | +0.021% | $930K | $1.1M | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Ondo Perps SKHY-USD.P
Lighter SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 187.82 | +0.108% | $229K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.56 | −0.033% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.73 | +0.059% | $201.4M | $433.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.80 | +0.096% | $15.9M | $30.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.82 | +0.107% | $44.7M | $77.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.72 | +0.053% | $25.3M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | −0.057% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.93 | −0.368% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.85 | +0.123% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.50 | −0.064% | $155K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.66 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.64 | +0.011% | $1.1M | $1.6M | 10x | as long as short |
| Popdex SKHYUSDTlong | +0.0032% | 1h | 187.62 | long leg | $196K | $273K | 20x | |
| Arcus SKHY-USDshort | +0.0040% | 1h | 187.27 | −0.187% | $58K | $164K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.66 | +0.021% | — | $12K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.52 | −0.053% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.65 | +0.016% | $1.1M | $322K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.64 | +0.011% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.63 | +0.005% | $2.1M | $416K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 187.27 | −0.187% | $210K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0261% | 1h | 187.68 | +0.033% | $47K | $19K | 20x | as long as short |
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
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD