Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Aster−0.001%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.001%, 7d avg −0.022%
=Together, before fees+0.020%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.021% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SKHYUSDT | 192.93 | 0 | get 0.0000% / 8h | 4h 39m | $249K | $889K | 50x |
| Short | KuCoin SKHYUSDTM | 192.93 | 0.0100 | get 0.0100% / 8h | 4h 39m | $1.1M | $302K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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
- $21
- Price spread: −0.001% → −0.022%
- $2.08
- Slippage, 4 orders
- −$51.68
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$48.6
- Costs to cover
- 0.717%
- Break-even
- 23.2 days
Slippage from Aster: live order book, 18 min ago; KuCoin: live order book, 5 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 Aster live order book, 18 min ago | 0.52 bp | 7.8 bp −$8 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.11 bp | 25.7 bp −$26 | 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 | −0.0255% | 4h | 193.02 | +0.047% | $582K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.048% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDTlong | 0.0000% | 8h | 192.93 | long leg | $249K | $889K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 192.91 | −0.012% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.96 | +0.013% | $204.2M | $392.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.00 | +0.035% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.93 | −0.001% | $46.6M | $69.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.95 | +0.009% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.09 | +0.081% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.87 | −0.032% | $23K | $200K | 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 | 193.36 | +0.222% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.94 | +0.004% | $161K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.93 | −0.001% | $1.5M | $1.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0009% | 1h | 193.04 | +0.056% | $49K | $314K | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.07 | +0.071% | $1.2M | $4.2M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.88 | −0.027% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.87 | −0.032% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.96 | +0.014% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.07 | +0.071% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.09 | +0.082% | $201K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0049% | 1h | 192.89 | −0.022% | $161.3M | $67.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.99 | +0.030% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.97 | +0.020% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.93 | −0.001% | $573K | $2.3M | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 192.93 | −0.001% | $1.1M | $302K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.06 | +0.066% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.11 | +0.092% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0141% | 1h | 193.08 | +0.076% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0165% | 8h | 193.07 | +0.071% | $25.3M | $26.8M | 20x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.00 | +0.035% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.12 | +0.100% | $50K | $18K | 20x | as long as short |
Aster SKHYUSDT
KuCoin SKHYUSDTM
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD