SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0302%/8h= +33.1% APRnext payment +$3.02 per $10,000 · paid last 24h +0.035%

Price spread now: BloFin against KuCoin−0.016%50s7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$630.629% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.272%+$27 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.016%, 7d avg +0.018%

Together, before fees+0.261%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.034% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.272% in total) that is about 21 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SKHYUSDTM	186.60	−0.0182	get 0.0182% / 8h	6h 56m	$1.1M	$401K	20x
Short	BloFin SKHY-USDT	186.57	0.0120	get 0.0120% / 8h	6h 56m	$2.1M	$461K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BloFinbpOrdersPrice spread, now −0.016%Rate

Funding earned: $63.42
Price spread: −0.016% → +0.018%: −$3.44
Slippage, 4 orders: −$38.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$2.9
Costs to cover: 0.629%
Break-even: 7.3 days

Slippage from KuCoin: live order book, 9 min ago; BloFin: live order book, 7 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, 9 min ago	2.15 bp	21.3 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	0.54 bp	6.5 bp −$7	9.2 bp −$92	17.4 bp −$1,742	45.8 bp −$22.9K

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	−0.0984%	8h	186.59	−0.005%	$25.7M	$35.4M	20x	as long as short
edgeX SKHYUSDC	−0.0405%	4h	186.37	−0.123%	$562K	$289K	10x	as long as short
KuCoin SKHYUSDTMlong	−0.0182%	8h	186.60	long leg	$1.1M	$401K	20x
QFEX SKHY-USD	−0.0005%	1h	186.60	0.000%	$1.2M	$4.3M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.55	−0.029%	$266K	$949K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.52	−0.042%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.60	0.000%	$197.6M	$468.4M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.58	−0.011%	$15.9M	$33.5M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.56	−0.021%	$44.3M	$83.2M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.59	−0.005%	$25.6M	$21.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SKHY	0.0000%	8h	186.05	−0.294%	$1.5M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.06	−0.290%	$22K	$247K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.83	+0.123%	$684	$5.7M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	186.61	+0.005%	$47K	$355K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.50	−0.054%	$155K	$377K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.53	−0.038%	$1.5M	$1.1M	10x	as long as short
Nado SKHY-PERP	+0.0027%	1h	186.68	+0.041%	$32K	$28K	10x	as long as short
Lighter SKHY	+0.0032%	1h	186.57	−0.016%	$993K	$1.3M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.53	−0.038%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.60	0.000%	$60K	$173K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.58	−0.011%	—	$39K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	186.65	+0.027%	$202K	$299K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	186.60	0.000%	$158.0M	$78.4M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	186.61	+0.005%	$180K	$451K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	186.48	−0.064%	$516K	$2.6M	10x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0056%	1h	186.08	−0.279%	$110K	$887K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.59	−0.005%	$2K	$4K	10x	as long as short
BloFin SKHY-USDTshort	+0.0120%	8h	186.57	−0.016%	$2.1M	$461K	50x
Phoenix SKHY	+0.0215%	1h	186.25	−0.188%	$209K	$123K	10x	as long as short
SoDEX SKHY-USD	+0.0271%	1h	186.55	−0.027%	$41K	$12K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0754%	1h	186.72	+0.062%	$48K	$20K	20x	as long as short