Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: HTX against Arcus+0.016%7-day average −0.001% · 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−$37as in the Price arb table
costs, in and out, $10k−$390.385% of the position
Funding, last 4 days (all we have)−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.016%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 193.03 | 0.0040 | pay 0.0005% / 1h | 34m 50s | $57K | $154K | 10x |
| Short | HTX SKHY-USDT | 193.06 | 0 | get 0.0000% / 8h | 4h 34m | $161K | $367K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Arcus. 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
- −$8.46
- Price spread: +0.016% → −0.001%
- $1.67
- Slippage, 4 orders
- −$22.01
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$45.29
- Costs to cover
- 0.385%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 23 min ago; HTX: live order book, 23 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, 23 min ago | 6.21 bp | 9.4 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell HTX live order book, 23 min ago | 2.59 bp | 8.6 bp −$9 | 11.1 bp −$111 | 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 | −0.0308% | 4h | 193.10 | +0.039% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.098% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.10 | +0.036% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.05 | +0.012% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.10 | +0.036% | $204.4M | $392.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.09 | +0.031% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.11 | +0.041% | $46.6M | $69.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.06 | +0.016% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | +0.027% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.12 | +0.047% | $23K | $201K | 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 | 193.40 | +0.192% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDTshort | 0.0000% | 8h | 193.06 | +0.016% | $161K | $367K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.13 | +0.052% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.08 | +0.026% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.00 | −0.016% | $1.0M | $686K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.98 | −0.026% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 193.03 | long leg | $57K | $154K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.08 | +0.026% | — | $12K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0047% | 1h | 192.97 | −0.031% | $161.4M | $67.7M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.12 | +0.047% | $201K | $255K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.00 | −0.016% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.09 | +0.031% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.06 | +0.016% | $574K | $2.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 193.12 | +0.047% | $49K | $316K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.06 | +0.016% | $1.1M | $305K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.13 | +0.052% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.10 | +0.036% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0138% | 1h | 193.11 | +0.041% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0158% | 8h | 193.15 | +0.062% | $25.3M | $26.9M | 20x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.09 | +0.031% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.18 | +0.079% | $49K | $19K | 20x | as long as short |
HTX SKHY-USDT
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_Perp
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
tradeXYZ xyz:SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD