Funding you earn now, next payment 01:00 UTC−0.0783%/8h= −85.7% APRnext payment −$0.98 per $10,000 · paid last 24h −0.189%
Price spread now: Nado against Kraken Futures−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Nado is 0.030% 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 | 193.50 | 0.0707 | pay 0.0088% / 1h | 47m 21s | $51K | $25K | 20x |
| Short | Nado SKHY-PERP | 193.45 | −0.0076 | pay 0.0009% / 1h | 47m 21s | $29K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$164.44
- Price spread: −0.030% → 0.000%
- −$2.96
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$184.41
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Nado: no order-book sample. 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 Nado no order-book sample | — | — | — | — | — |
Kraken Futures and Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0833% | 4h | 192.72 | −0.404% | $581K | $290K | 10x | as long as short |
| Nado SKHY-PERPshort | −0.0076% | 1h | 193.45 | −0.030% | $29K | $2K | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 193.07 | −0.226% | $256K | $906K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.37 | −0.069% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.41 | −0.049% | $214.3M | $384.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.53 | +0.013% | $15.9M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.55 | +0.024% | $47.5M | $66.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.40 | −0.054% | $26.4M | $17.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 193.36 | −0.075% | $25.8M | $26.5M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.48 | −0.532% | $1.6M | $2.4M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.75 | +0.127% | $709 | $7.0M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.42 | −0.044% | $160K | $396K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.22 | −0.147% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.36 | −0.075% | $1.2M | $5.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.33 | −0.090% | $1.0M | $620K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.34 | −0.085% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.79 | −0.369% | $57K | $155K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0043% | 8h | 193.23 | −0.142% | $1.1M | $276K | 20x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.37 | −0.069% | — | $13K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.41 | −0.049% | $198K | $256K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.42 | −0.044% | $536K | $1.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 190.51 | −1.547% | $171K | $682K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.35 | −0.080% | $2K | $4K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0112% | 1h | 193.50 | −0.002% | $46K | $259K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.42 | −0.044% | $2.3M | $429K | 50x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0282% | 8h | 192.80 | −0.365% | $23K | $202K | 10x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.35 | −0.597% | $217K | $120K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0453% | 1h | 193.36 | −0.075% | $196K | $412K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0577% | 1h | 193.40 | −0.054% | $167.1M | $65.0M | 10x | as long as short |
| Kraken Futures PF_SKHYUSDlong | +0.0707% | 1h | 193.50 | long leg | $51K | $25K | 20x | |
| SoDEX SKHY-USD | +0.1191% | 1h | 193.31 | −0.101% | $43K | $13K | 10x | as long as short |
Kraken Futures PF_SKHYUSD
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
KuCoin SKHYUSDTM
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
GRVT SKHY_USDT_Perp
Phoenix SKHY
Polymarket Perps SKHY-USD
tradeXYZ xyz:SKHY
SoDEX SKHY-USD