Funding you earn now, next payment 08:00 UTC−0.0119%/8h= −13.0% APRnext payment −$1.19 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Bitget0.000%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$720.723% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now 0.000%, 7d avg −0.026%
=The price spread pays, funding is against you. KuCoin is 0.026% dearer against Bitget than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.026%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.082% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 192.94 | 0.0219 | pay 0.0219% / 8h | 5h 50m | $25.6M | $26.4M | 20x |
| Short | KuCoin SKHYUSDTM | 192.94 | 0.0100 | get 0.0100% / 8h | 5h 50m | $1.1M | $290K | 20x |
Bitget SKHYUSDT
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$24.99
- Price spread: 0.000% → −0.026%
- $2.56
- Slippage, 4 orders
- −$48.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$94.71
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 5 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 Bitget live order book, 4 min ago | 0.52 bp | 8.8 bp −$9 | 15.6 bp −$156 | 31.0 bp −$3,096 | 47.2 bp −$23.6K |
| Sell KuCoin live order book, 5 min ago | 2.59 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
SKHY on 30 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 | −0.0107% | 4h | 193.03 | +0.046% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.021% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.91 | −0.018% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.87 | −0.035% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.92 | −0.008% | $208.4M | $385.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.95 | +0.005% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.95 | +0.005% | $46.9M | $69.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.91 | −0.016% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | +0.071% | $1.6M | $1.3M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.04 | +0.052% | $23K | $194K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.23 | +0.150% | $707 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.88 | −0.031% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.89 | −0.026% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.02 | +0.041% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.80 | −0.073% | $1.0M | $685K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.81 | −0.067% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.04 | +0.052% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.01 | +0.036% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.99 | +0.026% | $198K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.86 | −0.041% | $162.0M | $66.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.84 | −0.052% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.93 | −0.005% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.96 | +0.010% | $569K | $2.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 192.96 | +0.010% | $48K | $285K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | +0.0100% | 8h | 192.94 | 0.000% | $1.1M | $290K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.94 | 0.000% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0125% | 1h | 193.02 | +0.042% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDTlong | +0.0219% | 8h | 192.94 | long leg | $25.6M | $26.4M | 20x | |
| Phoenix SKHY | +0.0332% | 1h | 193.23 | +0.150% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0546% | 1h | 193.07 | +0.066% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
Orderly PERP_SKHY_USDC_mythos
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD