Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Arcus against HTX−0.005%7-day average +0.001% · 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−$38as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 4 days (all we have)+0.070%+$7 on $10k
+Price spread, last 3 days (all we have)+0.070%+$7 · spread now −0.005%, 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 | HTX SKHY-USDT | 193.03 | 0 | get 0.0000% / 8h | 5h 52m | $160K | $368K | 50x |
| Short | Arcus SKHY-USD | 193.02 | 0.0040 | get 0.0005% / 1h | 52m 13s | $57K | $154K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against HTX. 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: −0.005% → +0.001%
- −$0.65
- Slippage, 4 orders
- −$20.75
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$29.44
- Costs to cover
- 0.372%
- Break-even
- 31.4 days
Slippage from HTX: live order book, 11 min ago; Arcus: live order book, 11 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 HTX live order book, 11 min ago | 2.85 bp | 8.9 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 11 min ago | 4.41 bp | 9.9 bp −$10 | 20.1 bp −$201 | doesn't fit | doesn't fit |
SKHY on 30 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 | −0.0535% | 4h | 193.07 | +0.020% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.067% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.08 | +0.025% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.05 | +0.011% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.10 | +0.036% | $208.6M | $385.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.12 | +0.047% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.15 | +0.062% | $46.9M | $69.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.04 | +0.005% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.98 | −0.024% | $1.6M | $1.4M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.12 | +0.046% | $23K | $194K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.39 | +0.186% | $708 | $6.4M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.09 | +0.031% | $48K | $283K | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 193.03 | long leg | $160K | $368K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.08 | +0.026% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.06 | +0.016% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.97 | −0.031% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.98 | −0.026% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 193.02 | −0.005% | $57K | $154K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.10 | +0.036% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.10 | +0.036% | $198K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.03 | 0.000% | $162.2M | $66.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.99 | −0.021% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.05 | +0.010% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.01 | −0.010% | $569K | $2.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.06 | +0.016% | $1.1M | $290K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.10 | +0.036% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0123% | 1h | 193.12 | +0.046% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0212% | 8h | 193.07 | +0.021% | $25.6M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.18 | +0.078% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0545% | 1h | 193.24 | +0.107% | $51K | $17K | 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
Deribit SKHY_USDC-PERPETUAL
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD