SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0649%/8h= −71.1% APRnext payment −$0.81 per $10,000 · paid last 24h −0.162%

Price spread now: Arcus against Kraken Futures+0.208%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Arcus is 0.208% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.208% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SKHYUSD	189.98	0.0690	pay 0.0086% / 1h	39m 08s	$48K	$19K	20x
Short	Arcus SKHY-USD	190.37	0.0040	get 0.0005% / 1h	39m 08s	$59K	$164K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Kraken Futures. 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 Kraken FuturesbpFee ArcusbpOrdersPrice spread, now +0.208%Rate

Funding earned: −$136.36
Price spread: +0.208% → 0.000%: $20.77
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$130.08
Costs to cover: 0.145%
Break-even: from the start

Slippage unknown: Kraken Futures: no order-book sample; Arcus: live order book, 14 min ago. 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Arcus live order book, 14 min ago	6.53 bp	11.1 bp −$11	18.8 bp −$188	doesn't fit	doesn't fit

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	+0.253%	$574K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	192.84	+1.508%	$45K	$861K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0001%	1h	189.80	−0.092%	$158.7M	$69.0M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	189.96	−0.009%	$247K	$893K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	189.84	−0.072%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	189.85	−0.066%	$199.5M	$404.0M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	189.87	−0.055%	$15.3M	$28.6M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	189.83	−0.077%	$45.3M	$72.8M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	189.83	−0.077%	$25.6M	$19.5M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	190.03	+0.029%	$24.4M	$28.3M	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	+0.261%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	190.25	+0.143%	$22K	$211K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	190.22	+0.129%	$696	$6.2M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	189.93	−0.024%	$48K	$326K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	189.82	−0.082%	$158K	$369K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	189.86	−0.061%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0011%	1h	189.96	−0.008%	$1.2M	$4.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	189.78	−0.103%	$1.0M	$692K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	189.80	−0.092%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USDshort	+0.0040%	1h	190.37	+0.208%	$59K	$164K	10x
Vest SKHY-USD-PERP	+0.0046%	1h	190.02	+0.023%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	189.93	−0.024%	$200K	$257K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	189.90	−0.040%	$183K	$470K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	189.86	−0.061%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	189.99	+0.008%	$563K	$2.7M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	189.94	−0.019%	$1.1M	$320K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	189.89	−0.045%	$2K	$4K	10x	as long as short
Nado SKHY-PERP	+0.0104%	1h	190.04	+0.036%	$34K	$28K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	189.85	−0.066%	$2.2M	$435K	50x	as long as short
Phoenix SKHY	+0.0375%	1h	190.44	+0.245%	$213K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSDlong	+0.0690%	1h	189.98	long leg	$48K	$19K	20x