Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%
Price spread now: Ondo Perps against Bybit−0.109%7-day average −0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.109%, 7d avg −0.023%
=Together, before fees+0.126%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.085% cheaper against Bybit than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.023%). If the spread goes back, that is −$9 on $10k: about 5.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYUSDT | 193.32 | 0 | get 0.0000% / 8h | 7h 48m | $15.9M | $27.4M | 100x |
| Short | Ondo Perps SKHY-USD.P | 193.11 | 0.0050 | get 0.0006% / 1h | 48m 33s | $536K | $1.5M | 10x |
Bybit SKHYUSDT
Ondo Perps SKHY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- $10.58
- Price spread: −0.109% → −0.023%
- −$8.53
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$13.94
- Costs to cover
- 0.160%
- Break-even
- 16.2 days
Slippage unknown: Bybit: live order book, 5 min ago; Ondo Perps: 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 Bybit live order book, 5 min ago | 0.26 bp | 8.5 bp −$9 | 14.6 bp −$146 | 88.0 bp −$8,797 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | −0.0915% | 4h | 192.39 | −0.479% | $580K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0087% | 1h | 193.26 | −0.029% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.87 | −0.232% | $256K | $905K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.14 | −0.091% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.19 | −0.068% | $214.1M | $384.7M | 50x | as long as short |
| Bybit SKHYUSDTlong | 0.0000% | 8h | 193.32 | long leg | $15.9M | $27.4M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.36 | +0.021% | $47.4M | $66.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.23 | −0.047% | $26.4M | $17.4M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 192.89 | −0.222% | $25.5M | $26.5M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.48 | −0.437% | $1.6M | $2.4M | — | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.12 | −0.103% | $707 | $7.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.83 | −0.253% | $46K | $259K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.74 | −0.300% | $159K | $393K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.85 | −0.243% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.19 | −0.067% | $1.2M | $5.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.18 | −0.072% | $1.0M | $620K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.18 | −0.072% | $1.1M | $1.5M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0039% | 8h | 192.78 | −0.279% | $1.1M | $272K | 20x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.51 | −0.419% | $57K | $155K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.12 | −0.103% | — | $13K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.21 | −0.057% | $197K | $256K | 20x | as long as short |
| Ondo Perps SKHY-USD.Pshort | +0.0050% | 1h | 193.11 | −0.109% | $536K | $1.5M | 10x | |
| GRVT SKHY_USDT_Perp | +0.0053% | 8h | 192.35 | −0.502% | $22K | $202K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 190.51 | −1.454% | $171K | $682K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.75 | −0.295% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.83 | −0.253% | $2.2M | $428K | 50x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.35 | −0.502% | $217K | $120K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0512% | 1h | 193.16 | −0.083% | $196K | $400K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0668% | 1h | 193.21 | −0.057% | $167.0M | $64.8M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0710% | 1h | 192.85 | −0.245% | $51K | $25K | 20x | as long as short |
| SoDEX SKHY-USD | +0.0953% | 1h | 192.72 | −0.310% | $43K | $13K | 10x | as long as short |
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
KuCoin SKHYUSDTM
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
GRVT SKHY_USDT_Perp
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Polymarket Perps SKHY-USD
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSD
SoDEX SKHY-USD