Funding you earn now, next payment 16:00 UTC−0.0316%/8h= −34.6% APRnext payment −$3.16 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against BloFin−0.119%80s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days−0.272%−$27 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.119%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.101% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKHY-USDT | 184.67 | 0.0085 | pay 0.0085% / 8h | 7h 33m | $2.1M | $438K | 50x |
| Short | KuCoin SKHYUSDTM | 184.45 | −0.0231 | pay 0.0231% / 8h | 7h 33m | $1.1M | $367K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$66.33
- Price spread: −0.119% → −0.018%
- −$10.08
- Slippage, 4 orders
- −$38.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$139.12
- Costs to cover
- 0.627%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 1 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 BloFin live order book, 4 min ago | 0.81 bp | 6.8 bp −$7 | 8.3 bp −$83 | 18.7 bp −$1,872 | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 3.26 bp | 16.6 bp −$17 | 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 | −0.1230% | 8h | 184.43 | −0.130% | $25.4M | $34.8M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0952% | 4h | 184.87 | +0.109% | $557K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0445% | 8h | 184.94 | +0.148% | $22K | $243K | 10x | as long as short |
| KuCoin SKHYUSDTMshort | −0.0231% | 8h | 184.45 | −0.119% | $1.1M | $367K | 20x | |
| Bybit SKHYUSDT | −0.0156% | 8h | 184.35 | −0.173% | $16.3M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:SKHY | −0.0105% | 1h | 184.30 | −0.200% | $156.3M | $77.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0073% | 1h | 184.66 | −0.007% | $33K | $28K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0056% | 1h | 184.51 | −0.087% | $515K | $2.6M | 10x | as long as short |
| Extended SKHY-USD | −0.0040% | 1h | 184.37 | −0.160% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | −0.0036% | 8h | 184.41 | −0.143% | $197.1M | $463.5M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0028% | 1h | 184.49 | −0.097% | $1.2M | $4.3M | 10x | as long as short |
| HTX SKHY-USDT | −0.0018% | 8h | 184.42 | −0.135% | $153K | $370K | 50x | as long as short |
| Variational Omni SKHY | −0.0004% | 8h | 184.69 | +0.013% | $1.6M | $1.0M | — | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 184.55 | −0.063% | $265K | $951K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.38 | −0.157% | $43.7M | $81.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.38 | −0.157% | $25.7M | $21.4M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 184.96 | +0.157% | $677 | $5.9M | 10x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.71 | +0.022% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0024% | 1h | 184.49 | −0.097% | $982K | $1.3M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +1.576% | $68K | $784K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 184.49 | −0.097% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 184.49 | −0.097% | $59K | $172K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.46 | −0.114% | — | $34K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 184.53 | −0.076% | $201K | $288K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.44 | −0.125% | $178K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.58 | −0.049% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDTlong | +0.0085% | 8h | 184.67 | long leg | $2.1M | $438K | 50x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.64 | −0.016% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 184.65 | −0.014% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 185.14 | +0.255% | $207K | $123K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0238% | 1h | 184.65 | −0.011% | $47K | $353K | 10x | as long as short |
BloFin SKHY-USDT
KuCoin SKHYUSDTM
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
Bybit SKHYUSDT
tradeXYZ xyz:SKHY
Extended SKHY-USD
Binance SKHYUSDT
HTX SKHY-USDT
Variational Omni SKHY
Aster SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Coinbase International SKHY-PERP-INTX
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Kraken Futures PF_SKHYUSD
Phoenix SKHY
Deribit SKHY_USDC-PERPETUAL