Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.007%
Price spread now: Binance against KuCoin+0.010%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.010%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYUSDTM | 193.02 | 0.0100 | pay 0.0100% / 8h | 4h 12m | $1.1M | $316K | 20x |
| Short | Binance SKHYUSDT | 193.04 | 0 | get 0.0000% / 8h | 4h 12m | $203.9M | $394.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$21
- Price spread: +0.010% → +0.026%
- −$1.57
- Slippage, 4 orders
- −$43.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.38
- Costs to cover
- 0.658%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 1 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, 3 min ago | 1.81 bp | 24.0 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 0.26 bp | 5.3 bp −$5 | 6.1 bp −$61 | 20.5 bp −$2,050 | 100.2 bp −$50.1K |
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 | −0.0839% | 4h | 192.88 | −0.071% | $581K | $292K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.093% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.06 | +0.020% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.99 | −0.014% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDTshort | 0.0000% | 8h | 193.04 | +0.010% | $203.9M | $394.2M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.06 | +0.021% | $15.7M | $27.7M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.00 | −0.010% | $46.8M | $70.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.98 | −0.021% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.91 | −0.056% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.92 | −0.052% | $23K | $205K | 10x | 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 | 193.31 | +0.150% | $708 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.99 | −0.016% | $161K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.03 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.03 | +0.005% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.94 | −0.041% | $1.0M | $698K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.92 | −0.052% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.03 | +0.005% | $60K | $161K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.02 | 0.000% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.07 | +0.026% | $202K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.95 | −0.036% | $161.3M | $67.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.95 | −0.036% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.97 | −0.026% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.90 | −0.062% | $582K | $2.4M | 10x | as long as short |
| KuCoin SKHYUSDTMlong | +0.0100% | 8h | 193.02 | long leg | $1.1M | $316K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.05 | +0.016% | $2K | $4K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0113% | 1h | 193.07 | +0.026% | $49K | $322K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.09 | +0.036% | $2.3M | $438K | 50x | as long as short |
| Bitget SKHYUSDT | +0.0141% | 8h | 193.10 | +0.041% | $25.2M | $26.9M | 20x | as long as short |
| Nado SKHY-PERP | +0.0151% | 1h | 193.03 | +0.007% | $38K | $26K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.37 | +0.181% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.08 | +0.031% | $49K | $19K | 20x | as long as short |
KuCoin SKHYUSDTM
Binance SKHYUSDT
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD