Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.021%
Price spread now: Ondo Perps against Deribit−0.057%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.057%, 7d avg −0.038%
=Together, before fees+0.253%+ Points / potential airdropOndo Perps: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 193.04 | 0.0009 | pay 0.0001% / 1h | 39m 54s | $49K | $314K | 10x |
| Short | Ondo Perps SKHY-USD.P | 192.93 | 0.0050 | get 0.0006% / 1h | 39m 54s | $573K | $2.3M | 10x |
Deribit SKHY_USDC-PERPETUAL
Ondo Perps SKHY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- $8.68
- Price spread: −0.057% → −0.038%
- −$1.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.2
- Costs to cover
- 0.120%
- Break-even
- 11.2 days
Slippage unknown: Deribit: live order book, 19 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 Deribit live order book, 19 min ago | 4.40 bp | 12.5 bp −$13 | 16.4 bp −$164 | doesn't fit | 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 | −0.0255% | 4h | 193.02 | −0.009% | $582K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.104% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.00 | −0.023% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.91 | −0.068% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.95 | −0.046% | $204.2M | $392.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.98 | −0.031% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.93 | −0.057% | $46.6M | $69.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.91 | −0.067% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.09 | +0.026% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.87 | −0.088% | $23K | $200K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.36 | +0.166% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.94 | −0.052% | $161K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.93 | −0.057% | $1.5M | $1.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | +0.0009% | 1h | 193.04 | long leg | $49K | $314K | 10x | |
| QFEX SKHY-USD | +0.0015% | 1h | 193.07 | +0.016% | $1.2M | $4.2M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.88 | −0.083% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.85 | −0.098% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.96 | −0.041% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.07 | +0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.09 | +0.026% | $201K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0049% | 1h | 192.89 | −0.078% | $161.3M | $67.8M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.99 | −0.026% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.97 | −0.036% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.Pshort | +0.0050% | 1h | 192.93 | −0.057% | $573K | $2.3M | 10x | |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.93 | −0.057% | $1.1M | $302K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.06 | +0.010% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.11 | +0.036% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0141% | 1h | 193.08 | +0.020% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0165% | 8h | 193.07 | +0.016% | $25.3M | $26.8M | 20x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.00 | −0.021% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.12 | +0.044% | $50K | $18K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Nado SKHY-PERP
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD