Funding you earn now, next payment 08:00 UTC−0.0978%/8h= −107.0% APRpaid last 24h −0.166%
Price spread now: Bitget against Kraken Futures+0.071%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.687%−$69 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bitget is 0.071% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.687% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SKHYUSD | 186.26 | −0.0266 | get 0.0033% / 1h | 12m 02s | $48K | $21K | 20x |
| Short | Bitget SKHYUSDT | 186.39 | −0.1244 | pay 0.1244% / 8h | 12m 02s | $25.5M | $33.4M | 20x |
Kraken Futures PF_SKHYUSD
Bitget SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Kraken Futures. 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
- −$205.3
- Price spread: +0.071% → 0.000%
- $7.14
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$220.16
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 0.27 bp | 8.4 bp −$8 | 19.8 bp −$198 | 31.5 bp −$3,155 | 52.7 bp −$26.3K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTshort | −0.1244% | 8h | 186.39 | +0.071% | $25.5M | $33.4M | 20x | |
| edgeX SKHYUSDC | −0.0686% | 4h | 186.26 | +0.001% | $561K | $292K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDlong | −0.0266% | 1h | 186.26 | long leg | $48K | $21K | 20x | |
| tradeXYZ xyz:SKHY | −0.0152% | 1h | 186.15 | −0.057% | $158.1M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0133% | 1h | 186.27 | +0.007% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.710% | $68K | $799K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0066% | 1h | 186.13 | −0.068% | $180K | $486K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.17 | −0.047% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0054% | 8h | 186.24 | −0.009% | $1.1M | $346K | 20x | as long as short |
| Popdex SKHYUSDT | −0.0024% | 1h | 186.17 | −0.047% | $204K | $287K | 20x | as long as short |
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Coinbase International SKHY-PERP-INTX
Polymarket Perps SKHY-USD
QFEX SKHY-USD
KuCoin SKHYUSDTM
Popdex SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SKHY | 0.0000% | 1h | 186.17 | −0.047% | $973K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.25 | −0.005% | $225K | $899K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.10 | −0.087% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.14 | −0.063% | $199.7M | $452.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.18 | −0.041% | $16.6M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.12 | −0.074% | $44.5M | $79.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.15 | −0.057% | $25.5M | $21.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.36 | +0.053% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.29 | +0.018% | $22K | $238K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.45 | +0.104% | $682 | $6.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.23 | −0.014% | $49K | $347K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.11 | −0.079% | $154K | $362K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.13 | −0.068% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.05 | −0.111% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.26 | +0.002% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.18 | −0.041% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.13 | −0.068% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.26 | +0.002% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.24 | −0.009% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.23 | −0.014% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.60 | +0.184% | $209K | $123K | 10x | as long as short |
Lighter 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
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY