Funding you earn now, next payment 08:00 UTC+0.1213%/8h= +132.8% APRnext payment +$12.13 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Bitget−0.122%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$880.878% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.122%, 7d avg −0.026%
=Funding pays, the price is against you. KuCoin is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread −0.122% now, against its 7-day average of −0.026%). If the spread goes back, that is −$10 on $10k: about 6 hours of funding at the current rate (+$36 a day). Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 188.13 | −0.1113 | get 0.1113% / 8h | 2h 02m | $25.2M | $31.4M | 20x |
| Short | KuCoin SKHYUSDTM | 187.90 | 0.0100 | get 0.0100% / 8h | 2h 02m | $1.1M | $325K | 20x |
Bitget SKHYUSDT
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $254.73
- Price spread: −0.122% → −0.026%
- −$9.67
- Slippage, 4 orders
- −$63.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $157.23
- Costs to cover
- 0.878%
- Break-even
- 2.7 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 3 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 Bitget live order book, 2 min ago | 0.80 bp | 8.8 bp −$9 | 16.9 bp −$169 | 28.0 bp −$2,801 | 45.0 bp −$22.5K |
| Sell KuCoin live order book, 3 min ago | 2.39 bp | 41.3 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTlong | −0.1113% | 8h | 188.13 | long leg | $25.2M | $31.4M | 20x | |
| edgeX SKHYUSDC | −0.0486% | 4h | 188.00 | −0.070% | $567K | $291K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0335% | 1h | 187.95 | −0.096% | $48K | $336K | 10x | as long as short |
| Nado SKHY-PERP | −0.0152% | 1h | 188.11 | −0.013% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0127% | 1h | 187.98 | −0.080% | $159.5M | $74.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0102% | 1h | 187.83 | −0.159% | $181K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.431% | $61K | $897K | 10x | as long as short |
| Lighter SKHY | −0.0024% | 1h | 187.87 | −0.138% | $930K | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 187.94 | −0.101% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0007% | 1h | 187.90 | −0.122% | $518K | $2.6M | 10x | as long as short |
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Lighter SKHY
QFEX SKHY-USD
Ondo Perps SKHY-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 187.96 | −0.089% | $228K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.94 | −0.099% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.99 | −0.074% | $201.5M | $435.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.03 | −0.053% | $15.9M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.04 | −0.048% | $44.8M | $77.7M | 50x | as long as short |
| Popdex SKHYUSDT | 0.0000% | 1h | 187.98 | −0.080% | $197K | $274K | 20x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.96 | −0.090% | $25.4M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.08 | −0.025% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.13 | 0.000% | $22K | $224K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.19 | +0.032% | $689 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.83 | −0.159% | $156K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.87 | −0.138% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.86 | −0.144% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.92 | −0.112% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.03 | −0.053% | — | $22K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.90 | −0.122% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 187.90 | −0.122% | $1.1M | $325K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.94 | −0.101% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.00 | −0.069% | $2.1M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.21 | +0.043% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 187.95 | −0.097% | $47K | $19K | 20x | as long as short |
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Popdex SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD