Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0261%/8h= +28.6% APRpaid last 24h +0.177%

Price spread now: Kraken Futures against Aster−0.112%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.737%+$74 on $10k

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Kraken Futures is 0.112% cheaper against Aster than usual: you would sell low and buy high (spread −0.112% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 34 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYUSDT	187.89	0	get 0.0000% / 8h	2h 09m	$229K	$916K	50x
Short	Kraken Futures PF_SKHYUSD	187.68	0.0261	get 0.0033% / 1h	9m 36s	$47K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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 AsterbpFee Kraken FuturesbpOrdersPrice spread, now −0.112%Rate

Funding earned: $54.75
Price spread: −0.112% → 0.000%: −$11.19
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $25.57
Costs to cover: 0.180%
Break-even: 3.7 days

Slippage unknown: Aster: live order book, 38 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 Aster live order book, 38 min ago	0.80 bp	7.7 bp −$8	10.5 bp −$105	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
Bitget SKHYUSDT	−0.1201%	8h	187.84	−0.028%	$25.1M	$31.3M	20x	as long as short
edgeX SKHYUSDC	−0.0375%	4h	187.52	−0.197%	$565K	$290K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0229%	1h	187.62	−0.145%	$48K	$336K	10x	as long as short
Nado SKHY-PERP	−0.0146%	1h	187.92	+0.017%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0117%	1h	187.80	−0.049%	$159.4M	$74.1M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0093%	1h	187.70	−0.102%	$181K	$487K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	187.32	−0.305%	$61K	$897K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	187.78	−0.060%	$1.2M	$4.1M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0010%	1h	187.65	−0.129%	$516K	$2.6M	10x	as long as short
Lighter SKHY	−0.0008%	1h	187.77	−0.065%	$930K	$1.1M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SKHYUSDTlong	0.0000%	8h	187.89	long leg	$229K	$916K	50x
Extended SKHY-USD	0.0000%	1h	187.78	−0.059%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	187.83	−0.032%	$201.5M	$433.7M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.79	−0.054%	$15.9M	$30.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.71	−0.097%	$44.7M	$77.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.83	−0.033%	$25.3M	$20.8M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	187.51	−0.202%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	187.67	−0.121%	$22K	$223K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.85	−0.023%	$688	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	187.50	−0.209%	$155K	$371K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.66	−0.124%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.78	−0.060%	$1.1M	$1.6M	10x	as long as short
Popdex SKHYUSDT	+0.0032%	1h	187.78	−0.060%	$196K	$273K	20x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.41	−0.257%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	187.83	−0.033%	—	$12K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.52	−0.198%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	187.81	−0.044%	$1.1M	$322K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	187.64	−0.134%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	187.63	−0.140%	$2.1M	$416K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	188.02	+0.068%	$211K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSDshort	+0.0261%	1h	187.68	−0.112%	$47K	$19K	20x