Funding you earn now, next payment 06:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h −0.005%
Price spread now: KuCoin against Arcus+0.234%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 4 days (all we have)−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.281%−$28 · spread now +0.234%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.230% dearer against Arcus than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 187.64 | 0.0040 | pay 0.0005% / 1h | 7m 21s | $58K | $164K | 10x |
| Short | KuCoin SKHYUSDTM | 188.08 | 0.0100 | get 0.0100% / 8h | 2h 07m | $1.1M | $323K | 20x |
Arcus SKHY-USD
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Arcus. 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
- $12.54
- Price spread: +0.234% → +0.004%
- $23.03
- Slippage, 4 orders
- −$76.5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$57.43
- Costs to cover
- 0.930%
- Break-even
- 39.1 days
Slippage from Arcus: live order book, 41 min ago; KuCoin: live order book, 2 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 Arcus live order book, 41 min ago | 4.24 bp | 9.7 bp −$10 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.86 bp | 28.1 bp −$28 | 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 | −0.1179% | 8h | 188.06 | +0.224% | $25.2M | $31.4M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0388% | 1h | 187.92 | +0.149% | $48K | $336K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0375% | 4h | 187.52 | −0.063% | $565K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0147% | 1h | 188.22 | +0.311% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0119% | 1h | 188.12 | +0.256% | $159.6M | $74.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0095% | 1h | 187.98 | +0.181% | $182K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.171% | $61K | $897K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.06 | +0.224% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 188.01 | +0.197% | $931K | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0006% | 1h | 187.65 | +0.005% | $516K | $2.6M | 10x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Lighter SKHY
Ondo Perps SKHY-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 188.10 | +0.246% | $229K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.99 | +0.188% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.10 | +0.243% | $201.8M | $434.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.12 | +0.256% | $15.9M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.05 | +0.219% | $44.8M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.06 | +0.224% | $25.4M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | −0.068% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.67 | +0.014% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.10 | +0.245% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.71 | +0.037% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.88 | +0.128% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0024% | 1h | 188.12 | +0.256% | $197K | $273K | 20x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.96 | +0.171% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 187.64 | long leg | $58K | $164K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.14 | +0.266% | — | $22K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.80 | +0.085% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 188.08 | +0.234% | $1.1M | $323K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.07 | +0.229% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.68 | +0.021% | $2.1M | $416K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.02 | +0.203% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 187.95 | +0.163% | $47K | $19K | 20x | as long as short |
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
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter RH SKHY
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD