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: GRVT against KuCoin−0.053%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1021.019% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.053%, 7d avg +0.037%
=Together, before fees+0.306%+ Points / potential airdropGRVT: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.091% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.063%, 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 | 187.62 | 0.0100 | pay 0.0100% / 8h | 1h 52m | $1.1M | $326K | 20x |
| Short | GRVT SKHY_USDT_Perp | 187.52 | 0 | get 0.0000% / 8h | 1h 52m | $22K | $226K | 10x |
KuCoin SKHYUSDTM
GRVT SKHY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.053% → +0.037%
- −$9.05
- Slippage, 4 orders
- −$80.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$131.97
- Costs to cover
- 1.019%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; GRVT: live order book, 55 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, 2 min ago | 2.67 bp | 35.0 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 55 min ago | 1.59 bp | 6.1 bp −$6 | 12.6 bp −$126 | doesn't fit | 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 | −0.1068% | 8h | 187.71 | +0.048% | $25.1M | $31.6M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0283% | 1h | 187.51 | −0.059% | $48K | $337K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0201% | 1h | 187.47 | −0.080% | $159.1M | $74.1M | 10x | as long as short |
| Nado SKHY-PERP | −0.0186% | 1h | 187.70 | +0.044% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0185% | 1h | 187.44 | −0.096% | $181K | $487K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0152% | 1h | 187.56 | −0.032% | $197K | $274K | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0138% | 1h | 187.47 | −0.079% | $47K | $19K | 20x | as long as short |
| Lighter SKHY | −0.0112% | 1h | 187.38 | −0.128% | $946K | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.069% | $63K | $902K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0087% | 1h | 187.96 | +0.181% | $517K | $2.6M | 10x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Popdex SKHYUSDT
Kraken Futures PF_SKHYUSD
Lighter SKHY
Coinbase International SKHY-PERP-INTX
Ondo Perps SKHY-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 187.56 | −0.032% | $1.2M | $4.1M | 10x | as long as short |
| edgeX SKHYUSDC | −0.0044% | 4h | 187.50 | −0.064% | $565K | $290K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.52 | −0.053% | $227K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.47 | −0.080% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.53 | −0.048% | $200.9M | $435.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.58 | −0.021% | $15.9M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.52 | −0.053% | $44.7M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.50 | −0.064% | $25.3M | $20.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.55 | −0.036% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perpshort | 0.0000% | 8h | 187.52 | −0.053% | $22K | $226K | 10x | |
| SunX SKHY-USDT | 0.0000% | 8h | 187.76 | +0.075% | $687 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.39 | −0.123% | $155K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.44 | −0.096% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.38 | −0.128% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.52 | −0.053% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.54 | −0.043% | — | $23K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.45 | −0.091% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTMlong | +0.0100% | 8h | 187.62 | long leg | $1.1M | $326K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.47 | −0.080% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.41 | −0.112% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 188.26 | +0.341% | $211K | $115K | 10x | as long as short |
QFEX SKHY-USD
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY