Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against GRVT−0.045%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Orderly is 0.045% cheaper against GRVT than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SKHY_USDT_Perp | 189.69 | 0 | get 0.0000% / 8h | 3h 22m | $22K | $215K | 10x |
| Short | Orderly PERP_SKHY_USDC_mythos | 189.60 | 0.0100 | get 0.0100% / 8h | 3h 22m | $2K | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against GRVT. 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
- $21
- Price spread: −0.045% → 0.000%
- −$4.52
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1.48
- Costs to cover
- 0.150%
- Break-even
- 6.5 days
Slippage unknown: GRVT: live order book, 30 min ago; Orderly: 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 GRVT live order book, 30 min ago | 1.04 bp | 5.5 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0722% | 4h | 190.02 | +0.178% | $573K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.092% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0021% | 1h | 189.64 | −0.024% | $159.0M | $69.7M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.69 | 0.000% | $246K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.55 | −0.070% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.67 | −0.008% | $200.0M | $408.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.67 | −0.008% | $15.3M | $28.7M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.69 | +0.002% | $45.0M | $73.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.65 | −0.019% | $25.4M | $19.7M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 189.82 | +0.071% | $24.3M | $29.1M | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 189.80 | +0.060% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perplong | 0.0000% | 8h | 189.69 | long leg | $22K | $215K | 10x | |
| SunX SKHY-USDT | 0.0000% | 8h | 189.94 | +0.134% | $695 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.55 | −0.072% | $48K | $328K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.56 | −0.066% | $158K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.64 | −0.024% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.38 | −0.161% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 189.52 | −0.087% | $1.0M | $713K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.52 | −0.087% | $1.1M | $1.5M | 10x | as long as short |
| Nado SKHY-PERP | +0.0035% | 1h | 189.41 | −0.144% | $33K | $28K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.64 | −0.024% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.45 | −0.124% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.40 | −0.151% | $200K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.44 | −0.130% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.49 | −0.103% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.24 | −0.235% | $529K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.60 | −0.045% | $1.1M | $317K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythosshort | +0.0100% | 8h | 189.60 | −0.045% | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.34 | −0.182% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.85 | +0.087% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0691% | 1h | 189.59 | −0.053% | $48K | $19K | 20x | as long as short |
GRVT SKHY_USDT_Perp
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD