Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Gate−0.011%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.011%, 7d avg +0.003%
=The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 188.06 | 0 | get 0.0000% / 8h | 2h 05m | $25.4M | $20.9M | 75x |
| Short | KuCoin SKHYUSDTM | 188.04 | 0.0100 | get 0.0100% / 8h | 2h 05m | $1.1M | $323K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.011% → +0.003%
- −$1.33
- Slippage, 4 orders
- −$71.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$79.16
- Costs to cover
- 0.988%
- Break-even
- 33.4 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 5 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 Gate live order book, 3 min ago | 1.60 bp | 14.1 bp −$14 | 26.0 bp −$260 | 35.3 bp −$3,530 | 57.9 bp −$29.0K |
| Sell KuCoin live order book, 5 min ago | 1.86 bp | 28.1 bp −$28 | 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 SKHYUSDT | −0.1147% | 8h | 188.14 | +0.043% | $25.2M | $31.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0302% | 4h | 188.00 | −0.032% | $567K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0150% | 1h | 188.13 | +0.036% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0124% | 1h | 188.06 | 0.000% | $159.6M | $74.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0122% | 1h | 188.06 | 0.000% | $48K | $336K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0099% | 1h | 187.96 | −0.053% | $182K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.393% | $61K | $897K | 10x | as long as short |
| Lighter SKHY | −0.0024% | 1h | 187.94 | −0.064% | $931K | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.03 | −0.016% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0008% | 1h | 188.07 | +0.005% | $518K | $2.6M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 188.04 | −0.013% | $228K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.98 | −0.044% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.06 | 0.000% | $201.6M | $434.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.08 | +0.011% | $15.9M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.04 | −0.011% | $44.8M | $77.7M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 188.06 | long leg | $25.4M | $20.9M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 188.08 | +0.012% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.13 | +0.037% | $22K | $224K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.33 | +0.144% | $689 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.89 | −0.090% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.95 | −0.058% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0016% | 1h | 188.05 | −0.005% | $197K | $273K | 20x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.93 | −0.069% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.87 | −0.101% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.18 | +0.064% | — | $22K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.96 | −0.053% | $42K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 188.04 | −0.011% | $1.1M | $323K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.06 | 0.000% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.98 | −0.043% | $2.1M | $418K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.21 | +0.080% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 188.07 | +0.004% | $47K | $19K | 20x | as long as short |
Gate SKHY_USDT
KuCoin SKHYUSDTM
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD