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 GRVT+0.053%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.053%, 7d avg −0.037%
=Together, before fees−0.306%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.091% dearer against GRVT than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.037%. Mind the row above: over the last 7 days funding on this pair cost −0.063%, 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 | GRVT SKHY_USDT_Perp | 187.52 | 0 | get 0.0000% / 8h | 1h 52m | $22K | $226K | 10x |
| Short | KuCoin SKHYUSDTM | 187.62 | 0.0100 | get 0.0100% / 8h | 1h 52m | $1.1M | $326K | 20x |
GRVT SKHY_USDT_Perp
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against GRVT. 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: +0.053% → −0.037%
- $9.06
- Slippage, 4 orders
- −$80.92
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$71.86
- Costs to cover
- 1.019%
- Break-even
- 31.0 days
Slippage from GRVT: live order book, 55 min ago; KuCoin: live order book, 2 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 GRVT live order book, 55 min ago | 1.59 bp | 8.7 bp −$9 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.67 bp | 52.2 bp −$52 | 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 | −0.1068% | 8h | 187.71 | +0.101% | $25.1M | $31.6M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0283% | 1h | 187.51 | −0.005% | $48K | $337K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0201% | 1h | 187.47 | −0.027% | $159.1M | $74.1M | 10x | as long as short |
| Nado SKHY-PERP | −0.0186% | 1h | 187.70 | +0.098% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0185% | 1h | 187.44 | −0.043% | $181K | $487K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0152% | 1h | 187.56 | +0.021% | $197K | $274K | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0138% | 1h | 187.47 | −0.026% | $47K | $19K | 20x | as long as short |
| Lighter SKHY | −0.0112% | 1h | 187.38 | −0.075% | $946K | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.123% | $63K | $902K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0087% | 1h | 187.96 | +0.235% | $517K | $2.6M | 10x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Popdex SKHYUSDT
Kraken Futures PF_SKHYUSD
Lighter SKHY
Coinbase International SKHY-PERP-INTX
Ondo Perps SKHY-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 187.56 | +0.021% | $1.2M | $4.1M | 10x | as long as short |
| edgeX SKHYUSDC | −0.0044% | 4h | 187.50 | −0.011% | $565K | $290K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.52 | +0.001% | $227K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.47 | −0.027% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.53 | +0.005% | $200.9M | $435.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.58 | +0.032% | $15.9M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.52 | 0.000% | $44.7M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.50 | −0.011% | $25.3M | $20.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.55 | +0.017% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perplong | 0.0000% | 8h | 187.52 | long leg | $22K | $226K | 10x | |
| SunX SKHY-USDT | 0.0000% | 8h | 187.76 | +0.128% | $687 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.39 | −0.069% | $155K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.44 | −0.043% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.38 | −0.075% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.52 | 0.000% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.54 | +0.011% | — | $23K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.45 | −0.037% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 187.62 | +0.053% | $1.1M | $326K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.47 | −0.027% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.41 | −0.059% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 188.26 | +0.395% | $211K | $115K | 10x | as long as short |
QFEX SKHY-USD
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
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