SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.14 per $10,000 · paid last 24h +0.003%

Price spread now: Coinbase International against Arcus+0.078%7-day average +0.138% · 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−$52as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Arcus Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.061%−$6 on $10k

Price spread, last 3 days (all we have)−0.139%−$14 · spread now +0.078%, 7d avg +0.138%

Together, before fees−0.200%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.060% cheaper against Arcus than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.138%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SKHY-USD	192.75	0.0040	pay 0.0005% / 1h	35m 30s	$57K	$154K	10x
Short	Coinbase International SKHY-PERP-INTX	192.90	−0.0072	pay 0.0009% / 1h	35m 30s	$45K	$874K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee Coinbase InternationalbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$23.58
Price spread: +0.078% → +0.138%: −$5.98
Slippage, 4 orders: −$31.43
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$75.49
Costs to cover: 0.459%
Break-even: never at this rate

Slippage from Arcus: live order book, 33 min ago; Coinbase International: live order book, 33 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 Arcus live order book, 33 min ago	3.36 bp	8.1 bp −$8	16.6 bp −$166	doesn't fit	doesn't fit
Sell Coinbase International live order book, 33 min ago	7.24 bp	12.3 bp −$12	18.2 bp −$182	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
edgeX SKHYUSDC	−0.0874%	4h	192.69	−0.029%	$581K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTXshort	−0.0072%	1h	192.90	+0.078%	$45K	$874K	10x
Aster SKHYUSDT	0.0000%	8h	192.82	+0.035%	$248K	$890K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.81	+0.029%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.88	+0.067%	$210.2M	$385.4M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.90	+0.078%	$15.6M	$27.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.93	+0.093%	$46.8M	$69.1M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.82	+0.036%	$25.8M	$18.8M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	192.76	+0.003%	$1.6M	$2.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	192.71	−0.019%	$22K	$192K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.09	+0.176%	$707	$6.6M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	192.78	+0.016%	$48K	$270K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.71	−0.021%	$160K	$376K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.79	+0.021%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0002%	1h	192.85	+0.052%	$1.2M	$4.6M	10x	as long as short
Nado SKHY-PERP	+0.0031%	1h	192.84	+0.046%	$42K	$21K	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.70	−0.026%	$1.0M	$684K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.74	−0.005%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USDlong	+0.0040%	1h	192.75	long leg	$57K	$154K	10x
Vest SKHY-USD-PERP	+0.0046%	1h	192.70	−0.026%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.87	+0.062%	$197K	$257K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	192.78	+0.016%	$163.1M	$65.7M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.67	−0.042%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.68	−0.036%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.62	−0.067%	$535K	$1.8M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.75	0.000%	$1.1M	$280K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.79	+0.021%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	193.08	+0.171%	$2.3M	$445K	50x	as long as short
Phoenix SKHY	+0.0331%	1h	192.96	+0.109%	$216K	$123K	10x	as long as short
Bitget SKHYUSDT	+0.0339%	8h	192.93	+0.093%	$25.5M	$26.3M	20x	as long as short
Kraken Futures PF_SKHYUSD	+0.0707%	1h	192.83	+0.042%	$51K	$17K	20x	as long as short