Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against HTX+0.116%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$970.967% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.116%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.104% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKHY-USDT | 190.03 | 0 | get 0.0000% / 8h | 3h 36m | $159K | $369K | 50x |
| Short | KuCoin SKHYUSDTM | 190.25 | 0.0100 | get 0.0100% / 8h | 3h 36m | $1.1M | $319K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against HTX. 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
- $21
- Price spread: +0.116% → +0.012%
- $10.39
- Slippage, 4 orders
- −$72.71
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.32
- Costs to cover
- 0.967%
- Break-even
- 28.8 days
Slippage from HTX: live order book, 16 min ago; KuCoin: live order book, 3 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 HTX live order book, 16 min ago | 1.83 bp | 12.2 bp −$12 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.90 bp | 33.5 bp −$33 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0312% | 4h | 189.89 | −0.074% | $572K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.479% | $45K | $861K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0006% | 1h | 190.18 | +0.079% | $159.1M | $69.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.21 | +0.094% | $247K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 190.15 | +0.063% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 190.19 | +0.085% | $199.8M | $404.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.18 | +0.079% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.18 | +0.079% | $45.1M | $73.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 190.15 | +0.063% | $25.6M | $19.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.22 | +0.100% | $24.4M | $28.4M | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 190.47 | +0.232% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.92 | −0.058% | $23K | $213K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.35 | +0.168% | $697 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 190.11 | +0.042% | $48K | $326K | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 190.03 | long leg | $159K | $369K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 190.20 | +0.089% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 190.09 | +0.032% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 190.02 | −0.005% | $1.0M | $692K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 190.05 | +0.011% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.11 | +0.042% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.06 | +0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.09 | +0.032% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.00 | −0.016% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.99 | −0.021% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.99 | −0.021% | $563K | $2.7M | 10x | as long as short |
| Nado SKHY-PERP | +0.0093% | 1h | 190.11 | +0.044% | $34K | $28K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 190.25 | +0.116% | $1.1M | $319K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.11 | +0.042% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.16 | +0.068% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.14 | +0.058% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0689% | 1h | 190.13 | +0.054% | $48K | $19K | 20x | as long as short |
HTX SKHY-USDT
KuCoin SKHYUSDTM
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD