Funding you earn now, next payment 02:00 UTC−0.0657%/8h= −71.9% APRnext payment −$0.82 per $10,000 · paid last 24h −0.135%
Price spread now: SoDEX against Kraken Futures−0.056%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and SoDEX is 0.056% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 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 | 192.89 | 0.0707 | pay 0.0088% / 1h | 34m 42s | $51K | $17K | 20x |
| Short | SoDEX SKHY-USD | 192.78 | 0.0050 | get 0.0006% / 1h | 34m 42s | $43K | $13K | 10x |
Kraken Futures PF_SKHYUSD
SoDEX SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$137.88
- Price spread: −0.056% → 0.000%
- −$5.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$161.45
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
Kraken Futures and SoDEX: 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 | −0.0874% | 4h | 192.69 | −0.101% | $581K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | +0.007% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.85 | −0.017% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.83 | −0.029% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.88 | −0.004% | $210.2M | $384.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.93 | +0.022% | $15.6M | $27.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.92 | +0.017% | $46.8M | $69.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.84 | −0.025% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.76 | −0.069% | $1.6M | $2.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.71 | −0.091% | $22K | $192K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.17 | +0.146% | $707 | $6.6M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.82 | −0.035% | $48K | $271K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.84 | −0.025% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.86 | −0.014% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.85 | −0.019% | $1.2M | $4.6M | 10x | as long as short |
| Nado SKHY-PERP | +0.0031% | 1h | 192.84 | −0.026% | $42K | $21K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.77 | −0.061% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.78 | −0.056% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.79 | −0.051% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.84 | −0.025% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.87 | −0.009% | $197K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.83 | −0.030% | $163.1M | $65.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.80 | −0.045% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USDshort | +0.0050% | 1h | 192.78 | −0.056% | $43K | $13K | 10x | |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.62 | −0.139% | $535K | $1.8M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.81 | −0.040% | $1.1M | $280K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.85 | −0.019% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.08 | +0.100% | $2.3M | $445K | 50x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.96 | +0.038% | $216K | $123K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0335% | 8h | 192.89 | +0.001% | $25.5M | $26.3M | 20x | as long as short |
| Kraken Futures PF_SKHYUSDlong | +0.0707% | 1h | 192.89 | long leg | $51K | $17K | 20x |
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Nado SKHY-PERP
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Bitget SKHYUSDT