Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0426%/8h= +46.6% APRpaid last 24h +0.128%
Price spread now: Kraken Futures against BloFin+0.083%57s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.467%+$47 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Kraken Futures is 0.083% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHY-USDT192.900.0120pay 0.0120% / 8h5h 21m$2.3M$446K50x
ShortKraken Futures PF_SKHYUSD193.060.0546get 0.0068% / 1h21m 34s$51K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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

Funding earned
$89.4
Price spread: +0.083% → 0.000%
$8.27
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$75.67
Costs to cover
0.220%
Break-even
1.1 days
Slippage unknown: BloFin: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 1 min ago0.52 bp6.6 bp −$78.0 bp −$8010.8 bp −$1,08331.4 bp −$15.7K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0383%4h192.65−0.131%$581K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.900.000%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.01+0.057%$248K$888K50xas long as short
Extended SKHY-USD0.0000%1h193.06+0.081%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.09+0.098%$206.6M$391.0M50xas long as short
Bybit SKHYUSDT0.0000%8h193.08+0.093%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.07+0.088%$46.7M$69.7M50xas long as short
Gate SKHY_USDT0.0000%8h193.03+0.067%$25.8M$19.0M75xas long as short
Variational Omni SKHY0.0000%8h192.70−0.106%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.92+0.008%$23K$195K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.28+0.197%$707$6.4M10xas long as short
HTX SKHY-USDT0.0000%8h192.85−0.026%$160K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h192.97+0.036%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.03+0.067%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h192.94+0.021%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h192.94+0.021%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.81−0.047%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.97+0.036%$11K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.10+0.104%$200K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.95+0.026%$161.4M$67.3M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.98+0.041%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.92+0.010%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.80−0.052%$583K$2.2M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.98+0.041%$1.1M$291K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.96+0.031%$2K$4K10xas long as short
BloFin SKHY-USDTlong+0.0120%8h192.90long leg$2.3M$446K50x
Bitget SKHYUSDT+0.0135%8h193.03+0.067%$25.4M$26.8M20xas long as short
Nado SKHY-PERP+0.0170%1h192.99+0.047%$38K$26K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0268%1h192.99+0.047%$49K$297K10xas long as short
Phoenix SKHY+0.0332%1h192.82−0.041%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSDshort+0.0546%1h193.06+0.083%$51K$17K20x