SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.025%

Price spread now: Deribit against Coinbase International−0.062%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.011%−$1 on $10k

Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.062%, 7d avg −0.093%

Together, before fees+0.105%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.031% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SKHY-PERP-INTX	192.90	−0.0072	get 0.0009% / 1h	35m 35s	$45K	$874K	10x
Short	Deribit SKHY_USDC-PERPETUAL	192.78	0	get 0.0000% / 1h	35m 35s	$48K	$270K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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 Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −0.062%Rate

Funding earned: $15.12
Price spread: −0.062% → −0.093%: $3.05
Slippage, 4 orders: −$35.1
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$33.93
Costs to cover: 0.521%
Break-even: 22.7 days

Slippage from Coinbase International: live order book, 33 min ago; Deribit: 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 Coinbase International live order book, 33 min ago	7.24 bp	13.7 bp −$14	20.9 bp −$209	doesn't fit	doesn't fit
Sell Deribit live order book, 33 min ago	8.79 bp	13.8 bp −$14	18.4 bp −$184	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	−0.107%	$581K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTXlong	−0.0072%	1h	192.90	long leg	$45K	$874K	10x
Aster SKHYUSDT	0.0000%	8h	192.82	−0.043%	$248K	$890K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.81	−0.049%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.88	−0.010%	$210.2M	$385.4M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.90	0.000%	$15.6M	$27.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.93	+0.016%	$46.8M	$69.1M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.82	−0.041%	$25.8M	$18.8M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	192.76	−0.075%	$1.6M	$2.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	192.71	−0.097%	$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	+0.098%	$707	$6.6M	10x	as long as short
Deribit SKHY_USDC-PERPETUALshort	0.0000%	1h	192.78	−0.062%	$48K	$270K	10x
HTX SKHY-USDT	0.0000%	8h	192.71	−0.098%	$160K	$376K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.79	−0.057%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0002%	1h	192.85	−0.026%	$1.2M	$4.6M	10x	as long as short
Nado SKHY-PERP	+0.0031%	1h	192.84	−0.032%	$42K	$21K	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.70	−0.104%	$1.0M	$684K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.74	−0.083%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.75	−0.078%	$57K	$154K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.70	−0.104%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.87	−0.016%	$197K	$257K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	192.78	−0.062%	$163.1M	$65.7M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.67	−0.119%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.68	−0.114%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.62	−0.145%	$535K	$1.8M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.75	−0.078%	$1.1M	$280K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.79	−0.057%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	193.08	+0.093%	$2.3M	$445K	50x	as long as short
Phoenix SKHY	+0.0331%	1h	192.96	+0.031%	$216K	$123K	10x	as long as short
Bitget SKHYUSDT	+0.0339%	8h	192.93	+0.016%	$25.5M	$26.3M	20x	as long as short
Kraken Futures PF_SKHYUSD	+0.0707%	1h	192.83	−0.036%	$51K	$17K	20x	as long as short