Funding you earn now, next payment 01:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Arcus against SoDEX+0.036%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Arcus is 0.036% dearer against SoDEX than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SKHY-USD | 193.18 | 0.0050 | pay 0.0006% / 1h | 59m 30s | $43K | $13K | 10x |
| Short | Arcus SKHY-USD | 193.25 | 0.0040 | get 0.0005% / 1h | 59m 30s | $57K | $153K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SoDEX. 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
- −$2.04
- Price spread: +0.036% → 0.000%
- $3.62
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$10.92
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Arcus: live order book, 9 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 9 min ago | 3.36 bp | 11.9 bp −$12 | 19.6 bp −$196 | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0880% | 4h | 193.20 | +0.010% | $582K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0023% | 1h | 193.24 | +0.033% | $44K | $20K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.26 | +0.041% | $249K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.25 | +0.036% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.28 | +0.052% | $211.5M | $385.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.28 | +0.052% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.31 | +0.067% | $47.0M | $68.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.23 | +0.026% | $25.8M | $18.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.13 | −0.025% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.59 | +0.212% | $709 | $6.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.25 | +0.036% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.19 | +0.005% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.22 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.22 | +0.021% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.18 | 0.000% | $1.0M | $654K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.16 | −0.010% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 193.25 | +0.036% | $57K | $153K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.25 | +0.036% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.29 | +0.057% | $197K | $258K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.21 | +0.016% | $163.5M | $66.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.15 | −0.016% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USDlong | +0.0050% | 1h | 193.18 | long leg | $43K | $13K | 10x | |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.09 | −0.047% | $541K | $1.7M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 193.24 | +0.031% | $54K | $870K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.29 | +0.057% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.25 | +0.036% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.19 | +0.005% | $2.2M | $446K | 50x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.41 | +0.119% | $218K | $119K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0341% | 8h | 193.23 | +0.027% | $22K | $192K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0428% | 8h | 193.28 | +0.052% | $25.7M | $26.6M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.35 | +0.091% | $51K | $17K | 20x | as long as short |
SoDEX SKHY-USD
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD