Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0794%/8h= +86.9% APRnext payment +$0.99 per $10,000 · paid last 24h +0.166%
Price spread now: Kraken Futures against Coinbase International−1.474%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.798%+$80 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 1.474% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.474% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$147 on $10k: about 6.2 days of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.798% in total) that is about 13 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SKHY-PERP-INTX192.84−0.0104get 0.0013% / 1h38m 01s$45K$861K10x
ShortKraken Futures PF_SKHYUSD190.000.0690get 0.0086% / 1h38m 01s$48K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$166.64
Price spread: −1.474% → 0.000%
−$147.35
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$0.72
Costs to cover
0.200%
Break-even
7.0 days
Slippage unknown: Coinbase International: live order book, 15 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 15 min ago5.22 bp10.9 bp −$1117.9 bp −$179doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0799%4h190.46−1.236%$574K$290K10xas long as short
Coinbase International SKHY-PERP-INTXlong−0.0104%1h192.84long leg$45K$861K10x
tradeXYZ xyz:SKHY−0.0003%1h189.88−1.535%$158.8M$69.1M10xas long as short
Aster SKHYUSDT0.0000%8h190.03−1.457%$247K$893K50xas long as short
Extended SKHY-USD0.0000%1h189.92−1.516%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h189.92−1.513%$199.6M$404.3M50xas long as short
Bybit SKHYUSDT0.0000%8h189.91−1.519%$15.3M$28.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.90−1.525%$45.2M$72.9M50xas long as short
Gate SKHY_USDT0.0000%8h189.95−1.499%$25.6M$19.5M75xas long as short
Bitget SKHYUSDT0.0000%8h190.00−1.473%$24.3M$28.4M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h190.47−1.228%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h190.25−1.345%$22K$211K10xas long as short
SunX SKHY-USDT0.0000%8h190.26−1.338%$696$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.98−1.483%$48K$326K10xas long as short
HTX SKHY-USDT0.0000%8h189.89−1.530%$158K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h189.99−1.478%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0011%1h189.98−1.483%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h189.86−1.545%$1.0M$692K10xas long as short
Lighter RH SKHY+0.0032%1h189.88−1.535%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.21−1.364%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.98−1.483%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.96−1.493%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.89−1.530%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.91−1.519%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.99−1.478%$563K$2.7M10xas long as short
Nado SKHY-PERP+0.0097%1h190.01−1.467%$34K$28K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h190.03−1.457%$1.1M$319K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.95−1.499%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.85−1.551%$2.2M$435K50xas long as short
Phoenix SKHY+0.0375%1h190.44−1.245%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSDshort+0.0690%1h190.00−1.474%$48K$19K20x