Spread before costs (cost unknown: a leg has no order-book sample)−0.156%
7d average—if it closes, per $10,000$16funding while held, a day−$24.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SKHYUSD | 188.35 | 0.0479 | pay 0.0060% / 1h | 8m 38s | $49K | $24K | 20x |
| Short | edgeX SKHYUSDC | 188.05 | −0.0352 | pay 0.0176% / 4h | 3h 08m | $567K | $288K | 10x |
Kraken Futures PF_SKHYUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$15.64
- Funding while held
- −$24.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$59.57
- Spread needed to break even
- 0.190%
Slippage unknown: Kraken Futures: no order-book sample; edgeX: live order book, 36 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0831%
- Per $10,000 a day
- −$24.92
- Average in range /8h
- —
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 edgeX live order book, 36 min ago | 1.07 bp | 5.8 bp −$6 | 11.4 bp −$114 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Lighter RH188.07+0.010%Lighter188.11+0.031%Coinbase International188.11+0.031%Ondo Perps188.12+0.036%OKX188.14+0.047%Binance188.15+0.052%QFEX188.15+0.052%Gate188.15+0.052%Bitget188.17+0.063%Extended188.18+0.066%Bybit188.18+0.068%Polymarket Perps188.18+0.068%tradeXYZ188.19+0.073%Popdex188.19+0.073%Arcus188.20+0.079%HTX188.20+0.079%Nado188.21+0.083%KuCoin188.23+0.095%SoDEX188.26+0.111%Aster188.27+0.118%Phemex188.30+0.132%BloFin188.31+0.137%
Lighter RH
Lighter
Coinbase International
Ondo Perps
OKX
Binance
QFEX
Gate
Bitget
Extended
Bybit
Polymarket Perps
tradeXYZ
Popdex
Arcus
HTX
Nado
KuCoin
SoDEX
Aster
Phemex
BloFinKraken Futures188.35+0.157%
Orderly188.36+0.164%Deribit188.36+0.164%Vest188.39+0.180%Variational Omni188.40+0.187%SunX188.56+0.270%Phoenix188.70+0.345%
Orderly
Deribit
Vest
Variational Omni
SunX
PhoenixSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDCshort | −0.156% | −0.0352% | 4h | $567K | $288K | 10x | |
| Lighter RH SKHY | −0.147% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Lighter SKHY | −0.126% | +0.0032% | 1h | $1.0M | $666K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.126% | −0.0056% | 1h | $111K | $529K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.120% | +0.0050% | 1h | $518K | $828K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.110% | 0.0000% | 8h | $47.2M | $56.3M | 50x | as long as short |
| Binance SKHYUSDT | −0.105% | 0.0000% | 8h | $216.1M | $323.4M | 50x | as long as short |
| QFEX SKHY-USD | −0.104% | −0.0009% | 1h | $1.2M | $4.9M | 10x | as long as short |
| Gate SKHY_USDT | −0.104% | 0.0000% | 8h | $27.2M | $14.1M | 75x | as long as short |
| Bitget SKHYUSDT | −0.094% | 0.0000% | 8h | $25.7M | $21.9M | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | −0.090% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Bybit SKHYUSDT | −0.088% | 0.0000% | 8h | $16.1M | $22.5M | 100x | as long as short |
| Polymarket Perps SKHY-USD | −0.088% | +0.0050% | 1h | $191K | $921K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.083% | +0.0042% | 1h | $172.1M | $53.4M | 10x | as long as short |
| Popdex SKHYUSDT | −0.083% | +0.0048% | 1h | $202K | $216K | 20x | as long as short |
| Arcus SKHY-USD | −0.078% | +0.0040% | 1h | $53K | $123K | 10x | as long as short |
| HTX SKHY-USDT | −0.078% | 0.0000% | 8h | $154K | $377K | 50x | as long as short |
| Nado SKHY-PERP | −0.073% | −0.0091% | 1h | $28K | $1K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.062% | +0.0093% | 8h | $1.1M | $298K | 20x | as long as short |
| SoDEX SKHY-USD | −0.046% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
| Aster SKHYUSDT | −0.038% | 0.0000% | 8h | $281K | $741K | 50x | as long as short |
| Phemex SKHYUSDT | −0.025% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| BloFin SKHY-USDT | −0.019% | +0.0120% | 8h | $2.2M | $340K | 50x | as long as short |
| Kraken Futures PF_SKHYUSDlong | 0.000% | +0.0479% | 1h | $49K | $24K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.007% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.007% | 0.0000% | 1h | $45K | $163K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.023% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Variational Omni SKHY | +0.030% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| SunX SKHY-USDT | +0.113% | 0.0000% | 8h | $690 | $7.3M | 10x | as long as short |
| Phoenix SKHY | +0.188% | +0.0385% | 1h | $213K | $97K | 10x | as long as short |