Funding you earn now, next payment 08:00 UTC+0.0173%/8h= +19.0% APRpaid last 24h +0.003%
Price spread now: KuCoin against tradeXYZ+0.054%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$960.958% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.054%, 7d avg +0.020%
=Together, before fees−0.015%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.033% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SKHY | 186.48 | −0.0210 | get 0.0026% / 1h | 30m 46s | $158.4M | $76.9M | 10x |
| Short | KuCoin SKHYUSDTM | 186.58 | −0.0037 | pay 0.0037% / 8h | 30m 46s | $1.1M | $328K | 20x |
tradeXYZ xyz:SKHY
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against tradeXYZ. 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
- $36.37
- Price spread: +0.054% → +0.020%
- $3.34
- Slippage, 4 orders
- −$65.84
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$56.13
- Costs to cover
- 0.958%
- Break-even
- 17.8 days
Slippage from tradeXYZ: live order book, 9 min ago; KuCoin: live order book, 4 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 tradeXYZ live order book, 9 min ago | 0.54 bp | 10.1 bp −$10 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.95 bp | 38.5 bp −$38 | doesn't fit | 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 | −0.1260% | 8h | 186.75 | +0.145% | $25.4M | $33.1M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0943% | 4h | 186.65 | +0.091% | $563K | $291K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.64 | +0.085% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHYlong | −0.0210% | 1h | 186.48 | long leg | $158.4M | $76.9M | 10x | |
| Nado SKHY-PERP | −0.0169% | 1h | 186.69 | +0.112% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0122% | 1h | 186.50 | +0.011% | $180K | $487K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0120% | 1h | 186.61 | +0.070% | $205K | $288K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.590% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.62 | +0.075% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTMshort | −0.0037% | 8h | 186.58 | +0.054% | $1.1M | $328K | 20x |
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SKHY | −0.0016% | 1h | 186.45 | −0.016% | $974K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.64 | +0.087% | $223K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.49 | +0.008% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.52 | +0.024% | $200.5M | $450.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.52 | +0.021% | $16.7M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.50 | +0.011% | $44.7M | $79.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.48 | 0.000% | $25.5M | $21.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.55 | +0.038% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.63 | +0.080% | $22K | $233K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.83 | +0.188% | $684 | $6.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.61 | +0.070% | $49K | $347K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.52 | +0.021% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.57 | +0.048% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0029% | 1h | 186.60 | +0.064% | $521K | $2.6M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.44 | −0.021% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.60 | +0.064% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.59 | +0.059% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.55 | +0.038% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.58 | +0.054% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.54 | +0.032% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.87 | +0.209% | $209K | $123K | 10x | as long as short |
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Ondo Perps SKHY-USD.P
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY