Funding you earn now, next payment 05:00 UTC−0.0125%/8h= −13.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.030%
Price spread now: Nado against Coinbase International+0.572%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Nado is 0.572% dearer against Coinbase International than usual: you sell high and buy low (spread +0.572% now, against zero (this spread has no 7-day history yet)): +$57 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SKHY-PERP-INTX | 187.32 | −0.0024 | get 0.0003% / 1h | 5m 41s | $61K | $897K | 10x |
| Short | Nado SKHY-PERP | 188.39 | −0.0149 | pay 0.0019% / 1h | 5m 41s | $33K | $28K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$26.28
- Price spread: +0.572% → 0.000%
- $57.22
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $13.94
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 43 min ago; Nado: 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, 43 min ago | 9.81 bp | 15.1 bp −$15 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1147% | 8h | 188.22 | +0.480% | $25.2M | $31.4M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0600% | 1h | 188.12 | +0.427% | $48K | $336K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0375% | 4h | 187.52 | +0.108% | $565K | $290K | 10x | as long as short |
| Nado SKHY-PERPshort | −0.0149% | 1h | 188.39 | +0.572% | $33K | $28K | 10x | |
| tradeXYZ xyz:SKHY | −0.0124% | 1h | 188.08 | +0.406% | $159.6M | $74.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0097% | 1h | 188.14 | +0.438% | $182K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | −0.0024% | 1h | 187.32 | long leg | $61K | $897K | 10x | |
| Lighter SKHY | −0.0016% | 1h | 187.92 | +0.320% | $931K | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.03 | +0.379% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0008% | 1h | 188.07 | +0.400% | $518K | $2.6M | 10x | 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 | 188.05 | +0.388% | $228K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.98 | +0.351% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.03 | +0.379% | $201.6M | $434.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.04 | +0.384% | $15.9M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.05 | +0.390% | $44.8M | $77.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.06 | +0.395% | $25.4M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.08 | +0.407% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.67 | +0.185% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.40 | +0.577% | $690 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.06 | +0.395% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.14 | +0.438% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0016% | 1h | 188.05 | +0.390% | $197K | $273K | 20x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.95 | +0.336% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.87 | +0.294% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.26 | +0.502% | — | $22K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.08 | +0.406% | $42K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.02 | +0.374% | $1.1M | $323K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.17 | +0.454% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.01 | +0.368% | $2.1M | $418K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.02 | +0.374% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 188.21 | +0.473% | $48K | $19K | 20x | as long as short |
Coinbase International SKHY-PERP-INTX
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD