Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.642%+$64 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKHYUSDT189.200get 0.0000% / 8h1h 03m$25.6M$25.2M20x
ShortKraken Futures PF_SKHYUSD189.270.0870get 0.0109% / 1h3m 52s$50K$24K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 10 min ago0.26 bp7.2 bp −$711.3 bp −$11324.4 bp −$2,44242.8 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0116%4h188.92−0.146%$570K$290K10xas long as short
Nado SKHY-PERP−0.0040%1h189.09−0.057%$28K$2K10xas long as short
KuCoin SKHYUSDTM−0.0032%8h188.99−0.111%$1.1M$300K20xas long as short
QFEX SKHY-USD−0.0001%1h189.09−0.058%$1.2M$5.2M10xas long as short
Aster SKHYUSDT0.0000%8h189.06−0.076%$250K$902K50xas long as short
Extended SKHY-USD0.0000%1h189.11−0.049%$55K$4K10xas long as short
Binance SKHYUSDT0.0000%8h189.15−0.026%$212.1M$379.3M50xas long as short
Bybit SKHYUSDT0.0000%8h189.200.000%$15.8M$26.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.18−0.011%$46.9M$61.0M50xas long as short
Gate SKHY_USDT0.0000%8h189.13−0.037%$26.1M$17.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKHYUSDTlong0.0000%8h189.20long leg$25.6M$25.2M20x
Variational Omni SKHY0.0000%8h188.99−0.111%$1.6M$2.6Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.09−0.058%$22K$214K10xas long as short
SunX SKHY-USDT0.0000%8h189.41+0.111%$693$7.3M10xas long as short
HTX SKHY-USDT0.0000%8h189.09−0.058%$155K$400K50xas long as short
Phemex SKHYUSDT0.0000%8h189.14−0.032%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0032%1h189.11−0.048%$1.0M$717K10xas long as short
Lighter RH SKHY+0.0032%1h189.06−0.074%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h189.10−0.053%$56K$156K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.06−0.074%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.13−0.037%$202K$241K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h189.05−0.079%$164.7M$64.9M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.02−0.095%$186K$923K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.08−0.063%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.02−0.095%$542K$1.0M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0067%1h189.22+0.011%$45K$238K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.10−0.053%$2K$5K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.10−0.053%$2.2M$432K50xas long as short
Coinbase International SKHY-PERP-INTX+0.0240%1h188.78−0.222%$168K$685K10xas long as short
Phoenix SKHY+0.0297%1h189.15−0.026%$213K$128K10xas long as short
Kraken Futures PF_SKHYUSDshort+0.0870%1h189.27+0.039%$50K$24K20x