SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0211%/8h= +23.1% APRnext payment +$0.26 per $10,000 · paid last 24h +0.162%

Price spread now: Kraken Futures against Popdex−0.078%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Popdex Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.078% cheaper against Popdex than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 30 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SKHYUSDT	188.94	0.0048	pay 0.0006% / 1h	45m 32s	$199K	$259K	20x
Short	Kraken Futures PF_SKHYUSD	188.79	0.0259	get 0.0032% / 1h	45m 32s	$48K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Popdex. 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 PopdexbpFee Kraken FuturesbpOrdersPrice spread, now −0.078%Rate

Funding earned: $44.35
Price spread: −0.078% → 0.000%: −$7.85
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $20.1
Costs to cover: 0.164%
Break-even: 3.8 days

Slippage unknown: Popdex: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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 Popdex live order book, 3 min ago	2.38 bp	6.1 bp −$6	9.6 bp −$96	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0700%	4h	188.57	−0.195%	$568K	$292K	10x	as long as short
Bitget SKHYUSDT	−0.0534%	8h	189.01	+0.037%	$24.4M	$29.7M	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0068%	1h	188.83	−0.058%	$48K	$334K	10x	as long as short
Nado SKHY-PERP	−0.0056%	1h	188.93	−0.005%	$33K	$28K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	188.72	−0.116%	$46K	$882K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	188.88	−0.032%	$1.2M	$4.1M	10x	as long as short
Lighter SKHY	−0.0008%	1h	188.81	−0.069%	$1.0M	$741K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0003%	1h	188.87	−0.037%	$158.4M	$70.6M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	188.94	+0.001%	$243K	$897K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	188.87	−0.036%	$55K	$7K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SKHYUSDT	0.0000%	8h	188.88	−0.030%	$200.0M	$416.2M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	188.95	+0.005%	$15.5M	$29.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.91	−0.016%	$45.0M	$74.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	188.89	−0.026%	$25.2M	$20.1M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	188.80	−0.073%	$1.6M	$986K	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	188.82	−0.063%	$22K	$218K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	189.16	+0.116%	$692	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	188.78	−0.085%	$156K	$368K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	188.79	−0.079%	$1.5M	$1.1M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0027%	1h	188.73	−0.111%	$190K	$480K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	188.81	−0.069%	$1.0M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	188.82	−0.064%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.84	−0.053%	—	$12K	10x	as long as short
Popdex SKHYUSDTlong	+0.0048%	1h	188.94	long leg	$199K	$259K	20x
SoDEX SKHY-USD	+0.0050%	1h	188.77	−0.090%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	188.57	−0.196%	$525K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	188.85	−0.048%	$1.1M	$315K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	188.80	−0.074%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	188.62	−0.169%	$2.2M	$440K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	189.30	+0.191%	$212K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSDshort	+0.0259%	1h	188.79	−0.078%	$48K	$19K	20x