Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.1% APRpaid last 24h −0.004%
Price spread now: KuCoin against Popdex−0.011%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$850.849% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.011%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 186.61 | −0.0120 | get 0.0015% / 1h | 31m 17s | $205K | $288K | 20x |
| Short | KuCoin SKHYUSDTM | 186.59 | −0.0037 | pay 0.0037% / 8h | 31m 17s | $1.1M | $328K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Popdex. 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
- $17.43
- Price spread: −0.011% → −0.020%
- $0.96
- Slippage, 4 orders
- −$66.48
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$66.49
- Costs to cover
- 0.849%
- Break-even
- 33.7 days
Slippage from Popdex: live order book, 7 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 Popdex live order book, 7 min ago | 0.80 bp | 5.1 bp −$5 | 9.0 bp −$90 | 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 | 186.77 | +0.086% | $25.4M | $33.1M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0943% | 4h | 186.65 | +0.022% | $563K | $291K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.64 | +0.016% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0211% | 1h | 186.57 | −0.021% | $158.5M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0169% | 1h | 186.69 | +0.043% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0122% | 1h | 186.50 | −0.059% | $180K | $487K | 10x | as long as short |
| Popdex SKHYUSDTlong | −0.0120% | 1h | 186.61 | long leg | $205K | $288K | 20x | |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.520% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.62 | +0.005% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTMshort | −0.0037% | 8h | 186.59 | −0.011% | $1.1M | $328K | 20x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SKHY | −0.0008% | 1h | 186.55 | −0.032% | $975K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.69 | +0.044% | $223K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.53 | −0.040% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.59 | −0.011% | $200.6M | $450.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.59 | −0.011% | $16.7M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.60 | −0.005% | $44.7M | $79.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.58 | −0.016% | $25.5M | $21.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.58 | −0.017% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.63 | +0.011% | $22K | $233K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.83 | +0.118% | $684 | $6.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.61 | 0.000% | $49K | $347K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.52 | −0.048% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.57 | −0.021% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0029% | 1h | 186.60 | −0.005% | $521K | $2.6M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.54 | −0.038% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.60 | −0.005% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.59 | −0.011% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.55 | −0.032% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.58 | −0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.65 | +0.021% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.87 | +0.139% | $209K | $123K | 10x | as long as short |
Popdex SKHYUSDT
KuCoin SKHYUSDTM
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
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
Lighter RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY