Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h +0.015%
Price spread now: KuCoin against HTX−0.032%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 3 days (all we have)+0.040%+$4 · spread now −0.032%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.044% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKHY-USDT | 189.60 | 0 | get 0.0000% / 8h | 37m 59s | $155K | $400K | 50x |
| Short | KuCoin SKHYUSDTM | 189.54 | −0.0003 | pay 0.0003% / 8h | 37m 59s | $1.1M | $288K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against HTX. 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
- −$0.63
- Price spread: −0.032% → +0.012%
- −$4.38
- Slippage, 4 orders
- −$52.79
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$81.8
- Costs to cover
- 0.768%
- Break-even
- never at this rate
Slippage from HTX: live order book, 40 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 HTX live order book, 40 min ago | 3.18 bp | 9.2 bp −$9 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 3.96 bp | 21.9 bp −$22 | 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 SKHYUSDC | −0.0351% | 4h | 189.60 | 0.000% | $572K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0060% | 1h | 189.65 | +0.028% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | −0.0003% | 8h | 189.54 | −0.032% | $1.1M | $288K | 20x | |
| QFEX SKHY-USD | 0.0000% | 1h | 189.63 | +0.016% | $1.2M | $5.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.48 | −0.061% | $251K | $903K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.61 | +0.004% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.64 | +0.020% | $212.3M | $378.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.72 | +0.063% | $15.6M | $27.0M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.70 | +0.053% | $47.3M | $61.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.63 | +0.016% | $26.1M | $17.8M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | 0.0000% | 8h | 189.70 | +0.053% | $25.4M | $25.6M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.60 | +0.001% | $1.6M | $2.6M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.68 | +0.042% | $22K | $210K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.93 | +0.174% | $695 | $7.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.63 | +0.016% | $45K | $238K | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 189.60 | long leg | $155K | $400K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.65 | +0.026% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 189.60 | 0.000% | $1.0M | $688K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.56 | −0.021% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.66 | +0.032% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.63 | +0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.65 | +0.026% | $203K | $240K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 189.61 | +0.005% | $165.0M | $65.0M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.59 | −0.005% | $187K | $928K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.61 | +0.005% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.53 | −0.037% | $559K | $1.1M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.64 | +0.021% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.65 | +0.026% | $2.3M | $395K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0128% | 1h | 189.84 | +0.127% | $169K | $683K | 10x | as long as short |
| Phoenix SKHY | +0.0380% | 1h | 189.90 | +0.158% | $214K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0950% | 1h | 189.77 | +0.089% | $50K | $24K | 20x | as long as short |
HTX SKHY-USDT
KuCoin SKHYUSDTM
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD