Funding you earn now, next payment 05:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.037%
Price spread now: Nado against Arcus+0.055%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
=The price spread pays, funding is against you. Nado is 0.055% dearer against Arcus than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 188.80 | 0.0040 | pay 0.0005% / 1h | 4m 50s | $58K | $164K | 10x |
| Short | Nado SKHY-PERP | 188.90 | 0.0014 | get 0.0002% / 1h | 4m 50s | $33K | $28K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$5.58
- Price spread: +0.055% → 0.000%
- $5.46
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$11.61
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 48 min ago; Nado: no order-book sample. 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 Arcus live order book, 48 min ago | 6.53 bp | 9.6 bp −$10 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.0318% | 8h | 188.93 | +0.069% | $24.3M | $29.4M | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.561% | $36K | $876K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0055% | 4h | 188.56 | −0.126% | $568K | $290K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0017% | 1h | 188.83 | +0.016% | $158.4M | $70.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.94 | +0.075% | $244K | $896K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.82 | +0.011% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.94 | +0.075% | $199.3M | $412.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.97 | +0.090% | $15.4M | $29.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.95 | +0.079% | $44.8M | $73.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.79 | −0.005% | $25.3M | $19.9M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 188.92 | +0.065% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.81 | +0.007% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.07 | +0.143% | $692 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.89 | +0.048% | $48K | $330K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.72 | −0.042% | $156K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.96 | +0.085% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 188.85 | +0.026% | $995K | $747K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.80 | 0.000% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERPshort | +0.0014% | 1h | 188.90 | +0.055% | $33K | $28K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 188.76 | −0.021% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 188.80 | long leg | $58K | $164K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.87 | +0.037% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.80 | 0.000% | $199K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.69 | −0.058% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.78 | −0.011% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.78 | −0.011% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.88 | +0.042% | $1.1M | $312K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.87 | +0.037% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.87 | +0.037% | $2.2M | $438K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.01 | +0.111% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0694% | 1h | 188.84 | +0.021% | $48K | $19K | 20x | as long as short |
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
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
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD