SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0227%/8h= −24.9% APRnext payment −$0.28 per $10,000 · paid last 24h −0.166%

Price spread now: Deribit against Kraken Futures+0.215%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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. Deribit is 0.215% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.215% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SKHYUSD	187.60	−0.0267	get 0.0033% / 1h	46m 38s	$51K	$36K	20x
Short	Deribit SKHY_USDC-PERPETUAL	188.00	−0.0494	pay 0.0062% / 1h	46m 38s	$38K	$468K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee DeribitbpOrdersPrice spread, now +0.215%Rate

Funding earned: −$47.76
Price spread: +0.215% → 0.000%: $21.5
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$43.26
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Kraken Futures: no order-book sample; Deribit: live order book, 65 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 Deribit live order book, 65 min ago	3.76 bp	7.3 bp −$7	10.4 bp −$104	doesn't fit	doesn't fit

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 exchanges

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	−0.0559%	8h	188.05	+0.242%	$26.1M	$36.4M	20x	as long as short
Deribit SKHY_USDC-PERPETUALshort	−0.0494%	1h	188.00	+0.215%	$38K	$468K	10x
edgeX SKHYUSDC	−0.0493%	4h	188.17	+0.308%	$567K	$286K	10x	as long as short
Kraken Futures PF_SKHYUSDlong	−0.0267%	1h	187.60	long leg	$51K	$36K	20x
KuCoin SKHYUSDTM	−0.0113%	8h	188.05	+0.242%	$1.1M	$476K	20x	as long as short
Nado SKHY-PERP	−0.0105%	1h	188.14	+0.291%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0076%	1h	187.97	+0.199%	$158.8M	$78.1M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0040%	1h	187.65	+0.028%	$110K	$768K	10x	as long as short
QFEX SKHY-USD	−0.0013%	1h	187.98	+0.204%	$1.2M	$4.3M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	188.16	+0.300%	$264K	$913K	50x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHY-USD	0.0000%	1h	187.96	+0.195%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	188.03	+0.231%	$198.4M	$473.1M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	188.00	+0.215%	$16.5M	$34.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.98	+0.204%	$44.6M	$85.7M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.94	+0.183%	$25.4M	$21.7M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	188.18	+0.309%	$1.5M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	188.31	+0.379%	$23K	$247K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	188.31	+0.380%	$689	$5.5M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	188.06	+0.247%	$156K	$376K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	188.13	+0.284%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	187.95	+0.188%	$988K	$1.3M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.92	+0.172%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.89	+0.156%	$60K	$131K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.11	+0.274%	—	$39K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	188.03	+0.231%	$203K	$309K	20x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	188.22	+0.332%	$525K	$2.5M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	187.98	+0.204%	$182K	$353K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	188.12	+0.279%	$42K	$12K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	188.09	+0.263%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	188.06	+0.247%	$2.2M	$481K	50x	as long as short
Phoenix SKHY	+0.0255%	1h	188.46	+0.460%	$211K	$123K	10x	as long as short