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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0283%/8h= +31.0% APRnext payment +$0.35 per $10,000 · paid last 24h +0.170%
Price spread now: Kraken Futures against Coinbase International−0.075%7-day average · you buy dearer than you sell
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+0.802%+$80 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.075% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 21 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SKHY-PERP-INTX188.72−0.0024get 0.0003% / 1h46m 24s$46K$882K10x
ShortKraken Futures PF_SKHYUSD188.580.0259get 0.0032% / 1h46m 24s$48K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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
$59.53
Price spread: −0.075% → 0.000%
−$7.55
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$31.99
Costs to cover
0.200%
Break-even
3.2 days
Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago9.81 bp15.1 bp −$1520.5 bp −$205doesn't fitdoesn'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−0.0528%8h188.84+0.064%$24.4M$29.7M20xas long as short
edgeX SKHYUSDC−0.0291%4h188.98+0.140%$570K$291K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0174%1h188.57−0.079%$48K$333K10xas long as short
Nado SKHY-PERP−0.0056%1h188.93+0.112%$33K$28K10xas long as short
Coinbase International SKHY-PERP-INTXlong−0.0024%1h188.72long leg$46K$882K10x
QFEX SKHY-USD−0.0014%1h188.87+0.079%$1.2M$4.1M10xas long as short
tradeXYZ xyz:SKHY−0.0009%1h188.83+0.058%$158.4M$70.5M10xas long as short
Lighter SKHY0.0000%1h188.78+0.032%$1.0M$741K10xas long as short
Aster SKHYUSDT0.0000%8h188.94+0.119%$243K$897K50xas long as short
Extended SKHY-USD0.0000%1h188.82+0.053%$55K$7K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKHYUSDT0.0000%8h188.88+0.085%$200.0M$416.1M50xas long as short
Bybit SKHYUSDT0.0000%8h188.81+0.048%$15.5M$29.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.78+0.032%$45.0M$74.3M50xas long as short
Gate SKHY_USDT0.0000%8h188.86+0.074%$25.2M$20.0M75xas long as short
Variational Omni SKHY0.0000%8h189.17+0.239%$1.6M$986Kas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.15+0.229%$22K$218K10xas long as short
SunX SKHY-USDT0.0000%8h188.84+0.064%$691$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h188.56−0.085%$156K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h188.62−0.053%$1.5M$1.1M10xas long as short
Polymarket Perps SKHY-USD+0.0027%1h188.73+0.005%$190K$480K10xas long as short
Lighter RH SKHY+0.0032%1h188.79+0.037%$1.0M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h188.83+0.058%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.84+0.064%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h188.81+0.048%$199K$259K20xas long as short
SoDEX SKHY-USD+0.0050%1h188.62−0.053%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h188.57−0.079%$525K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h188.87+0.079%$1.1M$314K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h188.56−0.085%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.62−0.053%$2.2M$440K50xas long as short
Phoenix SKHY+0.0254%1h189.30+0.307%$212K$124K10xas long as short
Kraken Futures PF_SKHYUSDshort+0.0259%1h188.58−0.075%$48K$19K20x