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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0079%/8h= +8.6% APRpaid last 24h +0.120%
Price spread now: Kraken Futures against BloFin+0.051%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+0.455%+$46 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 +$2 a day on $10k at the current rate, and Kraken Futures is 0.051% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHY-USDT184.980.0092pay 0.0092% / 8h7h 36m$2.1M$437K50x
ShortKraken Futures PF_SKHYUSD185.070.0171get 0.0021% / 1h36m 45s$48K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$16.55
Price spread: +0.051% → 0.000%
$5.12
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$0.33
Costs to cover
0.220%
Break-even
7.1 days
Slippage unknown: BloFin: live order book, 1 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 BloFin live order book, 1 min ago0.81 bp6.8 bp −$78.3 bp −$8318.7 bp −$1,872doesn't fit
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
Bitget SKHYUSDT−0.1247%8h184.89−0.049%$25.5M$34.7M20xas long as short
edgeX SKHYUSDC−0.0952%4h184.87−0.058%$557K$290K10xas long as short
GRVT SKHY_USDT_Perp−0.0445%8h184.94−0.020%$22K$243K10xas long as short
KuCoin SKHYUSDTM−0.0224%8h184.89−0.049%$1.1M$365K20xas long as short
Bybit SKHYUSDT−0.0205%8h184.76−0.119%$16.3M$32.5M100xas long as short
tradeXYZ xyz:SKHY−0.0133%1h184.78−0.108%$156.9M$77.7M10xas long as short
Nado SKHY-PERP−0.0096%1h184.97−0.003%$33K$28K10xas long as short
Ondo Perps SKHY-USD.P−0.0067%1h184.93−0.027%$514K$2.6M10xas long as short
Binance SKHYUSDT−0.0030%8h184.85−0.072%$197.6M$461.3M50xas long as short
QFEX SKHY-USD−0.0028%1h184.980.000%$1.2M$4.3M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHY-USD−0.0024%1h184.95−0.015%$54K$7K10xas long as short
HTX SKHY-USDT−0.0007%8h184.89−0.049%$153K$370K50xas long as short
Aster SKHYUSDT0.0000%8h184.94−0.022%$229K$951K50xas long as short
OKX SKHY-USDT-SWAP0.0000%8h184.70−0.151%$43.8M$81.6M50xas long as short
Gate SKHY_USDT0.0000%8h184.86−0.065%$25.8M$21.2M75xas long as short
Variational Omni SKHY0.0000%8h185.15+0.094%$1.6M$1.0Mas long as short
SunX SKHY-USDT0.0000%8h185.28+0.162%$678$5.9M10xas long as short
Phemex SKHYUSDT0.0000%8h185.02+0.022%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0008%1h184.77−0.114%$984K$1.3M10xas long as short
Popdex SKHYUSDT+0.0008%1h185.01+0.016%$201K$288K20xas long as short
Coinbase International SKHY-PERP-INTX+0.0024%1h187.58+1.406%$68K$784K10xas long as short
Lighter RH SKHY+0.0032%1h184.72−0.141%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h184.93−0.027%$59K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h184.88−0.054%$34K10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h184.95−0.016%$179K$451K10xas long as short
SoDEX SKHY-USD+0.0050%1h184.92−0.032%$41K$12K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0074%1h185.04+0.032%$47K$353K10xas long as short
BloFin SKHY-USDTlong+0.0092%8h184.98long leg$2.1M$437K50x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h184.96−0.011%$2K$4K10xas long as short
Kraken Futures PF_SKHYUSDshort+0.0171%1h185.07+0.051%$48K$20K20x
Phoenix SKHY+0.0215%1h185.14+0.086%$207K$123K10xas long as short