Funding you earn now, next payment 02:00 UTC+0.0906%/8h= +99.2% APRpaid last 24h +0.040%
Price spread now: Ondo Perps against edgeX−0.069%54s7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.617%−$62 on $10k
+Price spread, last 4 days (all we have)−0.786%−$79 · spread now −0.069%, 7d avg −0.021%
=Together, before fees−1.403%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$140 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.047% cheaper against edgeX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.021%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.617%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.617% in total (about -32.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKHYUSDC | 192.53 | −0.0856 | get 0.0428% / 4h | 2h 17m | $580K | $290K | 10x |
| Short | Ondo Perps SKHY-USD.P | 192.40 | 0.0050 | get 0.0006% / 1h | 17m 46s | $532K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against edgeX. 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
- $190.24
- Price spread: −0.069% → −0.021%
- −$4.72
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $171.52
- Costs to cover
- 0.140%
- Break-even
- 0.7 days
Slippage unknown: edgeX: live order book, 51 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 edgeX live order book, 51 min ago | 1.03 bp | 6.0 bp −$6 | 11.0 bp −$110 | 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 30 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 SKHYUSDClong | −0.0856% | 4h | 192.53 | long leg | $580K | $290K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | +0.191% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.54 | +0.004% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.49 | −0.024% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.54 | +0.004% | $209.1M | $386.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.57 | +0.020% | $15.6M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.55 | +0.009% | $46.6M | $69.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.49 | −0.022% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.52 | −0.007% | $1.6M | $2.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.90 | +0.193% | $22K | $193K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 192.77 | +0.124% | $706 | $6.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.54 | +0.004% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.49 | −0.022% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.43 | −0.053% | $1.2M | $4.4M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0010% | 1h | 192.60 | +0.035% | $48K | $272K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.44 | −0.048% | $1.0M | $687K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.47 | −0.032% | $1.1M | $1.5M | 10x | as long as short |
| Nado SKHY-PERP | +0.0033% | 1h | 192.45 | −0.042% | $38K | $26K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.54 | +0.004% | $57K | $155K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.45 | −0.043% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.47 | −0.032% | $198K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.47 | −0.032% | $162.0M | $66.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.40 | −0.069% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.40 | −0.069% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.Pshort | +0.0050% | 1h | 192.40 | −0.069% | $532K | $1.9M | 10x | |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.57 | +0.020% | $1.1M | $284K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.50 | −0.017% | $2K | $4K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0271% | 8h | 192.55 | +0.009% | $25.5M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.70 | +0.087% | $216K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 192.59 | +0.032% | $51K | $17K | 20x | 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_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD