Funding you earn now, next payment 05:00 UTC−0.0642%/8h= −70.2% APRnext payment −$0.80 per $10,000 · paid last 24h −0.159%
Price spread now: Ondo Perps against Kraken Futures−0.058%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.624%−$62 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Ondo Perps is 0.058% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SKHYUSD | 189.34 | 0.0692 | pay 0.0086% / 1h | 13m 56s | $48K | $19K | 20x |
| Short | Ondo Perps SKHY-USD.P | 189.23 | 0.0050 | get 0.0006% / 1h | 13m 56s | $528K | $2.6M | 10x |
Kraken Futures PF_SKHYUSD
Ondo Perps SKHY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Kraken Futures. 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
- −$134.72
- Price spread: −0.058% → 0.000%
- −$5.76
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$155.48
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Kraken Futures and 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 | −0.0229% | 4h | 189.30 | −0.019% | $571K | $291K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0120% | 1h | 189.27 | −0.036% | $48K | $330K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.275% | $36K | $876K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0100% | 8h | 189.41 | +0.037% | $24.2M | $29.1M | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0025% | 1h | 189.25 | −0.047% | $158.6M | $69.8M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.35 | +0.005% | $245K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.32 | −0.010% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.33 | −0.005% | $199.7M | $410.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.38 | +0.022% | $15.4M | $28.8M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.39 | +0.027% | $44.9M | $73.5M | 50x | as long as short |
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Coinbase International SKHY-PERP-INTX
Bitget SKHYUSDT
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 189.27 | −0.036% | $25.3M | $19.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.52 | +0.097% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.44 | +0.053% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.64 | +0.159% | $694 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.27 | −0.036% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.31 | −0.015% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 189.20 | −0.073% | $997K | $734K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.30 | −0.021% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0022% | 1h | 189.41 | +0.036% | $34K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.22 | −0.063% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.40 | +0.032% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.40 | +0.032% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.33 | −0.005% | $199K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.25 | −0.047% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.30 | −0.021% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.Pshort | +0.0050% | 1h | 189.23 | −0.058% | $528K | $2.6M | 10x | |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.39 | +0.027% | $1.1M | $314K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.34 | +0.001% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.35 | +0.006% | $2.2M | $437K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.71 | +0.196% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDlong | +0.0692% | 1h | 189.34 | long leg | $48K | $19K | 20x |
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY