Funding you earn now, next payment 11:00 UTC−0.0317%/8h= −34.7% APRnext payment −$0.40 per $10,000 · paid last 24h +0.136%
Price spread now: Kraken Futures against SoDEX−0.244%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.244% cheaper against SoDEX than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SKHY-USD | 187.78 | 0.0050 | pay 0.0006% / 1h | 44m 29s | $41K | $12K | 10x |
| Short | Kraken Futures PF_SKHYUSD | 187.32 | −0.0267 | pay 0.0033% / 1h | 44m 29s | $51K | $37K | 20x |
SoDEX SKHY-USD
Kraken Futures PF_SKHYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- −$66.59
- Price spread: −0.244% → 0.000%
- −$24.41
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$109
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
SoDEX and 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 exchanges
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 | −0.0548% | 8h | 187.76 | −0.011% | $26.1M | $36.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0437% | 4h | 188.02 | +0.128% | $567K | $287K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDshort | −0.0267% | 1h | 187.32 | −0.244% | $51K | $37K | 20x | |
| Deribit SKHY_USDC-PERPETUAL | −0.0176% | 1h | 187.69 | −0.048% | $40K | $473K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0117% | 8h | 187.79 | +0.005% | $1.1M | $478K | 20x | as long as short |
| Nado SKHY-PERP | −0.0091% | 1h | 187.75 | −0.015% | $32K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0061% | 1h | 187.69 | −0.048% | $158.5M | $78.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0040% | 1h | 187.65 | −0.069% | $110K | $768K | 10x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 187.62 | −0.085% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.87 | +0.046% | $264K | $913K | 50x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Aster SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 187.65 | −0.072% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.71 | −0.037% | $198.1M | $473.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.69 | −0.048% | $16.4M | $34.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.69 | −0.048% | $44.5M | $85.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.63 | −0.080% | $25.3M | $21.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.84 | +0.030% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.11 | +0.176% | $23K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.05 | +0.144% | $688 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.72 | −0.032% | $155K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.78 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 187.59 | −0.101% | $986K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.55 | −0.122% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.63 | −0.080% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.73 | −0.027% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.68 | −0.053% | $202K | $308K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.67 | −0.059% | $182K | $353K | 10x | as long as short |
| SoDEX SKHY-USDlong | +0.0050% | 1h | 187.78 | long leg | $41K | $12K | 10x | |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.59 | −0.101% | $525K | $2.5M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.78 | 0.000% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.77 | −0.005% | $2.2M | $481K | 50x | as long as short |
| Phoenix SKHY | +0.0255% | 1h | 188.46 | +0.362% | $211K | $123K | 10x | as long as short |
Extended SKHY-USD
Binance SKHYUSDT
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
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY