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: Bybit against KuCoin+0.021%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.021%, 7d avg +0.024%
=The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYUSDTM | 187.97 | 0.0100 | pay 0.0100% / 8h | 2h 04m | $1.1M | $324K | 20x |
| Short | Bybit SKHYUSDT | 188.01 | 0 | get 0.0000% / 8h | 2h 04m | $15.9M | $30.4M | 100x |
KuCoin SKHYUSDTM
Bybit SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.021% → +0.024%
- −$0.27
- Slippage, 4 orders
- −$68.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$112.44
- Costs to cover
- 0.912%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bybit: live order book, 5 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, 6 min ago | 1.86 bp | 45.7 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.27 bp | 7.6 bp −$8 | 16.5 bp −$165 | 85.8 bp −$8,581 | doesn't fit |
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 | −0.1135% | 8h | 188.12 | +0.080% | $25.2M | $31.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0302% | 4h | 188.00 | +0.016% | $567K | $291K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0228% | 1h | 188.00 | +0.016% | $48K | $336K | 10x | as long as short |
| Nado SKHY-PERP | −0.0151% | 1h | 188.06 | +0.050% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0125% | 1h | 187.98 | +0.005% | $159.5M | $74.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0100% | 1h | 187.94 | −0.016% | $182K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.346% | $61K | $897K | 10x | as long as short |
| Lighter SKHY | −0.0024% | 1h | 187.90 | −0.037% | $930K | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 187.97 | 0.000% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0006% | 1h | 188.07 | +0.053% | $518K | $2.6M | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Lighter SKHY
QFEX SKHY-USD
Ondo Perps SKHY-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 187.99 | +0.009% | $228K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.92 | −0.028% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.99 | +0.011% | $201.5M | $435.0M | 50x | as long as short |
| Bybit SKHYUSDTshort | 0.0000% | 8h | 188.01 | +0.021% | $15.9M | $30.4M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.98 | +0.005% | $44.8M | $77.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.96 | −0.005% | $25.4M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.08 | +0.060% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.13 | +0.085% | $22K | $224K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.22 | +0.133% | $689 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.89 | −0.043% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.98 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0008% | 1h | 188.00 | +0.016% | $197K | $273K | 20x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.89 | −0.043% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.90 | −0.037% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.07 | +0.053% | — | $22K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.93 | −0.021% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTMlong | +0.0100% | 8h | 187.97 | long leg | $1.1M | $324K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.00 | +0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.98 | +0.005% | $2.1M | $418K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.21 | +0.128% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 188.02 | +0.026% | $47K | $19K | 20x | as long as short |
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD