Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h −0.005%
Price spread now: KuCoin against Arcus−0.083%7-day average +0.006% · 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−$87as in the Price arb table
costs, in and out, $10k−$780.777% of the position
Funding, last 3 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.083%, 7d avg +0.006%
=Funding pays, the price is against you. KuCoin is 0.089% cheaper against Arcus than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.006%). If the spread goes back, that is −$9 on $10k: about 5.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 193.11 | 0.0040 | pay 0.0005% / 1h | 24m 07s | $57K | $153K | 10x |
| Short | KuCoin SKHYUSDTM | 192.95 | 0.0100 | get 0.0100% / 8h | 7h 24m | $1.1M | $277K | 20x |
Arcus SKHY-USD
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $12.54
- Price spread: −0.083% → +0.006%
- −$8.92
- Slippage, 4 orders
- −$61.24
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$74.13
- Costs to cover
- 0.777%
- Break-even
- 48.4 days
Slippage from Arcus: live order book, 49 min ago; KuCoin: 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 Arcus live order book, 49 min ago | 2.64 bp | 11.8 bp −$12 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 2.85 bp | 28.5 bp −$29 | doesn't fit | 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 | −0.0214% | 4h | 193.23 | +0.063% | $583K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0002% | 1h | 193.15 | +0.020% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.86 | −0.129% | $248K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.11 | −0.002% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.03 | −0.041% | $211.8M | $382.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.05 | −0.031% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.06 | −0.026% | $46.9M | $67.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.13 | +0.010% | $25.9M | $18.3M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.27 | +0.084% | $1.6M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.46 | +0.181% | $708 | $6.8M | 10x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.16 | +0.026% | $47K | $268K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.10 | −0.005% | $160K | $386K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.95 | −0.083% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.09 | −0.010% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.01 | −0.052% | $1.0M | $674K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.95 | −0.083% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 193.11 | long leg | $57K | $153K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.14 | +0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.16 | +0.026% | $197K | $256K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.08 | −0.016% | $190K | $454K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | +0.078% | $555K | $1.7M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0069% | 1h | 193.12 | +0.005% | $165.2M | $64.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 192.17 | −0.487% | $117K | $795K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 192.95 | −0.083% | $1.1M | $277K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.17 | +0.031% | $2K | $4K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0110% | 1h | 193.03 | −0.041% | $43K | $13K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.29 | +0.093% | $2.2M | $446K | 50x | as long as short |
| Bitget SKHYUSDT | +0.0201% | 8h | 193.09 | −0.010% | $25.6M | $26.6M | 20x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.76 | −0.181% | $217K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0479% | 8h | 193.36 | +0.128% | $23K | $195K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.22 | +0.059% | $51K | $22K | 20x | as long as short |
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Ondo Perps SKHY-USD.P
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
SoDEX SKHY-USD
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD