SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0246%/8h= −26.9% APRnext payment −$2.46 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against Gate−0.119%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$870.868% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days+0.142%+$14 · spread now −0.119%, 7d avg +0.003%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.122% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.003%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SKHY_USDT	184.96	0	get 0.0000% / 8h	7h 19m	$25.5M	$21.8M	75x
Short	KuCoin SKHYUSDTM	184.74	−0.0246	pay 0.0246% / 8h	7h 19m	$1.1M	$376K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now −0.119%Rate

Funding earned: −$51.66
Price spread: −0.119% → +0.003%: −$12.19
Slippage, 4 orders: −$59.8
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$150.65
Costs to cover: 0.868%
Break-even: never at this rate

Slippage from Gate: 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 Gate live order book, 4 min ago	1.36 bp	10.5 bp −$11	22.2 bp −$222	31.4 bp −$3,138	56.0 bp −$28.0K
Sell KuCoin live order book, 5 min ago	3.26 bp	16.9 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	−0.1152%	8h	185.07	+0.059%	$25.5M	$35.2M	20x	as long as short
KuCoin SKHYUSDTMshort	−0.0246%	8h	184.74	−0.119%	$1.1M	$376K	20x
edgeX SKHYUSDC	−0.0224%	4h	184.38	−0.311%	$556K	$290K	10x	as long as short
GRVT SKHY_USDT_Perp	−0.0198%	8h	184.46	−0.270%	$22K	$246K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0051%	1h	184.92	−0.022%	$156.7M	$78.0M	10x	as long as short
Extended SKHY-USD	−0.0048%	1h	184.82	−0.076%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	−0.0041%	8h	184.95	−0.006%	$196.1M	$465.0M	50x	as long as short
Nado SKHY-PERP	−0.0032%	1h	184.88	−0.044%	$32K	$28K	10x	as long as short
QFEX SKHY-USD	−0.0028%	1h	184.84	−0.065%	$1.2M	$4.3M	10x	as long as short
Variational Omni SKHY	−0.0022%	8h	184.84	−0.066%	$1.6M	$1.0M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SKHYUSDT	0.0000%	8h	184.71	−0.135%	$265K	$951K	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	184.96	0.000%	$16.0M	$33.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	184.92	−0.022%	$43.8M	$81.8M	50x	as long as short
Gate SKHY_USDTlong	0.0000%	8h	184.96	long leg	$25.5M	$21.8M	75x
SunX SKHY-USDT	0.0000%	8h	185.08	+0.065%	$677	$5.9M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	184.94	−0.011%	$47K	$354K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	184.72	−0.130%	$153K	$375K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	184.88	−0.043%	$1.5M	$1.1M	10x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0024%	1h	183.79	−0.633%	$66K	$750K	10x	as long as short
Lighter SKHY	+0.0032%	1h	184.94	−0.011%	$983K	$1.3M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	184.88	−0.043%	$1.1M	$1.5M	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0039%	1h	184.81	−0.081%	$510K	$2.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	184.70	−0.141%	$59K	$173K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	184.74	−0.119%	—	$38K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	184.80	−0.087%	$199K	$295K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	184.75	−0.114%	$179K	$451K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	184.76	−0.108%	$41K	$12K	10x	as long as short
BloFin SKHY-USDT	+0.0067%	8h	184.83	−0.070%	$2.1M	$446K	50x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	184.76	−0.108%	$2K	$4K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0171%	1h	184.94	−0.009%	$48K	$20K	20x	as long as short
Phoenix SKHY	+0.0215%	1h	184.57	−0.211%	$207K	$123K	10x	as long as short