Funding you earn now, next payment 09:00 UTC−0.0399%/8h= −43.7% APRpaid last 24h −0.155%
Price spread now: KuCoin against Kraken Futures−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.727%−$73 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and KuCoin is 0.028% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SKHYUSD | 184.81 | 0.0171 | pay 0.0021% / 1h | 35m 11s | $48K | $20K | 20x |
| Short | KuCoin SKHYUSDTM | 184.76 | −0.0228 | pay 0.0228% / 8h | 7h 35m | $1.1M | $366K | 20x |
Kraken Futures PF_SKHYUSD
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$83.83
- Price spread: −0.028% → 0.000%
- −$2.81
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$108.64
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 4.59 bp | 21.0 bp −$21 | doesn't fit | 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 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 | −0.1237% | 8h | 184.73 | −0.044% | $25.5M | $34.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0952% | 4h | 184.87 | +0.032% | $557K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0445% | 8h | 184.94 | +0.071% | $22K | $243K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | −0.0228% | 8h | 184.76 | −0.028% | $1.1M | $366K | 20x | |
| Bybit SKHYUSDT | −0.0170% | 8h | 184.67 | −0.077% | $16.3M | $32.5M | 100x | as long as short |
| tradeXYZ xyz:SKHY | −0.0124% | 1h | 184.69 | −0.066% | $156.7M | $77.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0085% | 1h | 184.71 | −0.056% | $33K | $28K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0065% | 1h | 184.61 | −0.109% | $515K | $2.6M | 10x | as long as short |
| Binance SKHYUSDT | −0.0035% | 8h | 184.72 | −0.050% | $197.5M | $461.9M | 50x | as long as short |
| Extended SKHY-USD | −0.0032% | 1h | 184.68 | −0.070% | $54K | $7K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
Bybit SKHYUSDT
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Ondo Perps SKHY-USD.P
Binance SKHYUSDT
Extended SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHY-USDT | −0.0031% | 8h | 184.70 | −0.061% | $153K | $370K | 50x | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 184.69 | −0.066% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni SKHY | −0.0004% | 8h | 184.69 | −0.063% | $1.6M | $1.0M | — | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 184.89 | +0.043% | $266K | $951K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.69 | −0.066% | $43.8M | $81.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.75 | −0.033% | $25.8M | $21.3M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 185.04 | +0.123% | $677 | $5.9M | 10x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.76 | −0.028% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 184.64 | −0.093% | $983K | $1.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0021% | 1h | 184.71 | −0.055% | $47K | $353K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +1.498% | $68K | $784K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 184.61 | −0.109% | $1.1M | $1.5M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0040% | 1h | 184.82 | +0.004% | $201K | $288K | 20x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 184.75 | −0.033% | $59K | $172K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.65 | −0.088% | — | $34K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.70 | −0.061% | $178K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.67 | −0.077% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0085% | 8h | 184.67 | −0.077% | $2.1M | $438K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.71 | −0.055% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDlong | +0.0171% | 1h | 184.81 | long leg | $48K | $20K | 20x | |
| Phoenix SKHY | +0.0215% | 1h | 185.14 | +0.178% | $207K | $123K | 10x | as long as short |
HTX SKHY-USDT
QFEX SKHY-USD
Variational Omni SKHY
Aster SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Deribit SKHY_USDC-PERPETUAL
Coinbase International SKHY-PERP-INTX
Lighter RH SKHY
Popdex SKHYUSDT
Arcus SKHY-USD
Vest SKHY-USD-PERP
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY