Funding you earn now, next payment 23:00 UTC+0.0870%/8h= +95.2% APRpaid last 24h +0.127%
Price spread now: Kraken Futures against Bitget+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.642%+$64 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Kraken Futures is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 189.20 | 0 | get 0.0000% / 8h | 1h 03m | $25.6M | $25.2M | 20x |
| Short | Kraken Futures PF_SKHYUSD | 189.27 | 0.0870 | get 0.0109% / 1h | 3m 52s | $50K | $24K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $182.65
- Price spread: +0.039% → 0.000%
- $3.88
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $164.53
- Costs to cover
- 0.220%
- Break-even
- 0.7 days
Slippage unknown: Bitget: live order book, 10 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Bitget live order book, 10 min ago | 0.26 bp | 7.2 bp −$7 | 11.3 bp −$113 | 24.4 bp −$2,442 | 42.8 bp −$21.4K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0116% | 4h | 188.92 | −0.146% | $570K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0040% | 1h | 189.09 | −0.057% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0032% | 8h | 188.99 | −0.111% | $1.1M | $300K | 20x | as long as short |
| QFEX SKHY-USD | −0.0001% | 1h | 189.09 | −0.058% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.06 | −0.076% | $250K | $902K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.11 | −0.049% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.15 | −0.026% | $212.1M | $379.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.20 | 0.000% | $15.8M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.18 | −0.011% | $46.9M | $61.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.13 | −0.037% | $26.1M | $17.9M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTlong | 0.0000% | 8h | 189.20 | long leg | $25.6M | $25.2M | 20x | |
| Variational Omni SKHY | 0.0000% | 8h | 188.99 | −0.111% | $1.6M | $2.6M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.09 | −0.058% | $22K | $214K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.41 | +0.111% | $693 | $7.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.09 | −0.058% | $155K | $400K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.14 | −0.032% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 189.11 | −0.048% | $1.0M | $717K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.06 | −0.074% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.10 | −0.053% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.06 | −0.074% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.13 | −0.037% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 189.05 | −0.079% | $164.7M | $64.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.02 | −0.095% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.08 | −0.063% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.02 | −0.095% | $542K | $1.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0067% | 1h | 189.22 | +0.011% | $45K | $238K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.10 | −0.053% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.10 | −0.053% | $2.2M | $432K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0240% | 1h | 188.78 | −0.222% | $168K | $685K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 189.15 | −0.026% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDshort | +0.0870% | 1h | 189.27 | +0.039% | $50K | $24K | 20x |
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
edgeX SKHYUSDC
KuCoin SKHYUSDTM
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
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY