Funding you earn now, next payment 16:00 UTC+0.0209%/8h= +22.9% APRnext payment +$2.09 per $10,000 · paid last 24h −0.001%
Price spread now: Aster against KuCoin+0.005%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.569% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.005%, 7d avg +0.022%
=Together, before fees+0.006%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.09 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYUSDTM | 187.49 | −0.0209 | get 0.0209% / 8h | 4h 46m | $1.1M | $523K | 20x |
| Short | Aster SKHYUSDT | 187.50 | 0 | get 0.0000% / 8h | 4h 46m | $260K | $919K | 50x |
KuCoin SKHYUSDTM
Aster SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- $43.89
- Price spread: +0.005% → +0.022%
- −$1.65
- Slippage, 4 orders
- −$36.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$14.63
- Costs to cover
- 0.569%
- Break-even
- 9.3 days
Slippage from KuCoin: live order book, 1 min ago; Aster: live order book, 59 min ago.
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 KuCoin live order book, 1 min ago | 3.20 bp | 24.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 59 min ago | 0.80 bp | 7.6 bp −$8 | 70.5 bp −$705 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SKHYUSD | −0.2059% | 1h | 187.49 | +0.001% | $50K | $36K | 20x | as long as short |
| edgeX SKHYUSDC | −0.0583% | 4h | 187.39 | −0.053% | $565K | $287K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0229% | 8h | 187.54 | +0.027% | $26.0M | $36.7M | 20x | as long as short |
| KuCoin SKHYUSDTMlong | −0.0209% | 8h | 187.49 | long leg | $1.1M | $523K | 20x | |
| Coinbase International SKHY-PERP-INTX | −0.0096% | 1h | 187.65 | +0.085% | $110K | $735K | 10x | as long as short |
| Nado SKHY-PERP | −0.0091% | 1h | 187.73 | +0.127% | $32K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0019% | 1h | 187.49 | 0.000% | $158.5M | $77.3M | 10x | as long as short |
| Binance SKHYUSDT | −0.0018% | 8h | 187.55 | +0.034% | $197.4M | $473.6M | 50x | as long as short |
| Extended SKHY-USD | −0.0016% | 1h | 187.47 | −0.013% | $55K | $7K | 10x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 187.70 | +0.112% | $1.2M | $4.2M | 10x | as long as short |
Kraken Futures PF_SKHYUSD
edgeX SKHYUSDC
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Binance SKHYUSDT
Extended SKHY-USD
QFEX SKHY-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | −0.0001% | 8h | 187.67 | +0.093% | $1.5M | $948K | — | as long as short |
| Aster SKHYUSDTshort | 0.0000% | 8h | 187.50 | +0.005% | $260K | $919K | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.50 | +0.005% | $16.4M | $34.0M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.50 | +0.005% | $44.5M | $85.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.41 | −0.043% | $25.3M | $21.4M | 75x | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.47 | −0.008% | $22K | $257K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.01 | +0.277% | $688 | $5.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 187.60 | +0.059% | $52K | $494K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.54 | +0.027% | $154K | $384K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.54 | +0.027% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 187.49 | 0.000% | $980K | $1.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.45 | −0.021% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.63 | +0.075% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.67 | +0.096% | — | $40K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.76 | +0.144% | $201K | $317K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.66 | +0.091% | $182K | $342K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.58 | +0.048% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.42 | −0.037% | $523K | $2.5M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.61 | +0.064% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0100% | 8h | 187.53 | +0.021% | $2.2M | $494K | 50x | as long as short |
| Phoenix SKHY | +0.0298% | 1h | 187.89 | +0.213% | $210K | $123K | 10x | as long as short |
Variational Omni SKHY
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY