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
Funding, last 7 days+0.798%+$80 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SKHY-PERP-INTX | 192.84 | −0.0104 | get 0.0013% / 1h | 38m 01s | $45K | $861K | 10x |
| Short | Kraken Futures PF_SKHYUSD | 190.00 | 0.0690 | get 0.0086% / 1h | 38m 01s | $48K | $19K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 15 min ago | 5.22 bp | 10.9 bp −$11 | 17.9 bp −$179 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0799% | 4h | 190.46 | −1.236% | $574K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | −0.0104% | 1h | 192.84 | long leg | $45K | $861K | 10x | |
| tradeXYZ xyz:SKHY | −0.0003% | 1h | 189.88 | −1.535% | $158.8M | $69.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.03 | −1.457% | $247K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.92 | −1.516% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.92 | −1.513% | $199.6M | $404.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.91 | −1.519% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.90 | −1.525% | $45.2M | $72.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.95 | −1.499% | $25.6M | $19.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.00 | −1.473% | $24.3M | $28.4M | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 190.47 | −1.228% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.25 | −1.345% | $22K | $211K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.26 | −1.338% | $696 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.98 | −1.483% | $48K | $326K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.89 | −1.530% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.99 | −1.478% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.98 | −1.483% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 189.86 | −1.545% | $1.0M | $692K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.88 | −1.535% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.21 | −1.364% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.98 | −1.483% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.96 | −1.493% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.89 | −1.530% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.91 | −1.519% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.99 | −1.478% | $563K | $2.7M | 10x | as long as short |
| Nado SKHY-PERP | +0.0097% | 1h | 190.01 | −1.467% | $34K | $28K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.03 | −1.457% | $1.1M | $319K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.95 | −1.499% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.85 | −1.551% | $2.2M | $435K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.44 | −1.245% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDshort | +0.0690% | 1h | 190.00 | −1.474% | $48K | $19K | 20x |
Coinbase International SKHY-PERP-INTX
Kraken Futures PF_SKHYUSD
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY