Funding you earn now, next payment 08:00 UTC+0.0800%/8h= +87.7% APRpaid last 24h +0.171%
Price spread now: KuCoin against edgeX+0.147%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 7 days−0.604%−$60 on $10k
+Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.147%, 7d avg −0.018%
=Together, before fees−0.933%+ Points / potential airdropedgeX: Active · farm board−$93 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and KuCoin is 0.165% dearer against edgeX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.604%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKHYUSDC | 188.57 | −0.0700 | get 0.0350% / 4h | 2h 45m | $568K | $292K | 10x |
| Short | KuCoin SKHYUSDTM | 188.85 | 0.0100 | get 0.0100% / 8h | 2h 45m | $1.1M | $315K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against edgeX. 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
- $168.1
- Price spread: +0.147% → −0.018%
- $16.52
- Slippage, 4 orders
- −$71.95
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $91.66
- Costs to cover
- 0.930%
- Break-even
- 3.2 days
Slippage from edgeX: live order book, 3 min ago; KuCoin: live order book, 4 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 edgeX live order book, 3 min ago | 5.56 bp | 11.0 bp −$11 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.85 bp | 42.1 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDClong | −0.0700% | 4h | 188.57 | long leg | $568K | $292K | 10x | |
| Bitget SKHYUSDT | −0.0534% | 8h | 189.01 | +0.232% | $24.4M | $29.7M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0068% | 1h | 188.83 | +0.137% | $48K | $334K | 10x | as long as short |
| Nado SKHY-PERP | −0.0056% | 1h | 188.93 | +0.190% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 188.72 | +0.078% | $46K | $882K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.88 | +0.163% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 188.81 | +0.126% | $1.0M | $741K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0003% | 1h | 188.87 | +0.158% | $158.4M | $70.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.94 | +0.196% | $243K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.87 | +0.159% | $55K | $7K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYUSDT | 0.0000% | 8h | 188.88 | +0.165% | $200.0M | $416.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.95 | +0.200% | $15.5M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.91 | +0.179% | $45.0M | $74.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.89 | +0.168% | $25.2M | $20.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.80 | +0.122% | $1.6M | $986K | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.82 | +0.131% | $22K | $218K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.16 | +0.312% | $692 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.78 | +0.110% | $156K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.79 | +0.115% | $1.5M | $1.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0027% | 1h | 188.73 | +0.084% | $190K | $480K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.81 | +0.126% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.82 | +0.131% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.84 | +0.142% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.94 | +0.195% | $199K | $259K | 20x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.77 | +0.105% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.57 | −0.001% | $525K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 188.85 | +0.147% | $1.1M | $315K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.80 | +0.121% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.62 | +0.025% | $2.2M | $440K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 189.30 | +0.386% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0259% | 1h | 188.79 | +0.116% | $48K | $19K | 20x | as long as short |
edgeX SKHYUSDC
KuCoin SKHYUSDTM
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Coinbase International SKHY-PERP-INTX
Lighter SKHY
tradeXYZ xyz:SKHY
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
Polymarket Perps SKHY-USD
Lighter RH SKHY
Popdex SKHYUSDT
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD