Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.009%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.265% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.009%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 193.24 | 0 | get 0.0000% / 8h | 5h 03m | $205.5M | $393.3M | 50x |
| Short | Bybit SKHYUSDT | 193.26 | 0 | get 0.0000% / 8h | 5h 03m | $15.8M | $27.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: +0.009% → −0.002%
- $1.05
- Slippage, 4 orders
- −$5.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.5
- Costs to cover
- 0.265%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 1 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 Binance live order book, 11 min ago | 0.26 bp | 5.3 bp −$5 | 6.5 bp −$65 | 18.9 bp −$1,891 | 96.4 bp −$48.2K |
| Sell Bybit live order book, 1 min ago | 0.26 bp | 7.7 bp −$8 | 11.6 bp −$116 | 70.1 bp −$7,012 | 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 | −0.0876% | 4h | 193.20 | −0.022% | $582K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.177% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.10 | −0.075% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.16 | −0.042% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 193.24 | long leg | $205.5M | $393.3M | 50x | |
| Bybit SKHYUSDTshort | 0.0000% | 8h | 193.26 | +0.009% | $15.8M | $27.5M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.27 | +0.014% | $46.7M | $70.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.21 | −0.017% | $25.8M | $19.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.16 | −0.044% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.20 | −0.021% | $23K | $199K | 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 | 193.47 | +0.118% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.05 | −0.100% | $161K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.28 | +0.019% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.14 | −0.053% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.12 | −0.064% | $1.0M | $696K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.14 | −0.053% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.11 | −0.069% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.13 | −0.058% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.20 | −0.022% | $201K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.13 | −0.058% | $161.6M | $67.5M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.08 | −0.084% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.17 | −0.038% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.99 | −0.131% | $567K | $2.2M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.10 | −0.074% | $1.1M | $297K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.19 | −0.027% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.17 | −0.038% | $2.3M | $438K | 50x | as long as short |
| Nado SKHY-PERP | +0.0170% | 1h | 193.12 | −0.064% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0190% | 8h | 193.25 | +0.004% | $25.4M | $26.9M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0216% | 1h | 193.18 | −0.033% | $49K | $306K | 10x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.38 | +0.071% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0545% | 1h | 193.29 | +0.023% | $51K | $17K | 20x | as long as short |
Binance SKHYUSDT
Bybit SKHYUSDT
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD