Funding you earn now, next payment 10:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.012%
Price spread now: Ondo Perps against KuCoin−0.220%7-day average −0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 7 days−0.198%−$20 · spread now −0.220%, 7d avg −0.009%
=Together, before fees−0.095%+ Points / potential airdropOndo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.210% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of −0.009%). If the spread goes back, that is −$21 on $10k: about 3.7 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.103% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.103% in total (about 5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYUSDTM | 186.69 | −0.0140 | get 0.0140% / 8h | 6h 15m | $1.1M | $443K | 20x |
| Short | Ondo Perps SKHY-USD.P | 186.28 | 0.0050 | get 0.0006% / 1h | 15m 07s | $521K | $2.5M | 10x |
KuCoin SKHYUSDTM
Ondo Perps SKHY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against KuCoin. 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
- $39.98
- Price spread: −0.220% → −0.009%
- −$21.04
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $1.94
- Costs to cover
- 0.170%
- Break-even
- 6.7 days
Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago | 2.15 bp | 20.9 bp −$21 | doesn't fit | 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 exchanges
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 | −0.0821% | 4h | 186.34 | −0.190% | $562K | $291K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0716% | 8h | 186.75 | +0.032% | $25.9M | $35.7M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0392% | 1h | 186.67 | −0.011% | $24K | $440K | 10x | as long as short |
| KuCoin SKHYUSDTMlong | −0.0140% | 8h | 186.69 | long leg | $1.1M | $443K | 20x | |
| QFEX SKHY-USD | −0.0005% | 1h | 186.72 | +0.016% | $1.2M | $4.3M | 10x | as long as short |
| Nado SKHY-PERP | −0.0001% | 1h | 186.76 | +0.036% | $32K | $28K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.70 | +0.005% | $263K | $910K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.69 | 0.000% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.74 | +0.028% | $197.3M | $467.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.71 | +0.011% | $16.2M | $33.9M | 100x | as long as short |
edgeX SKHYUSDC
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
QFEX SKHY-USD
Nado SKHY-PERP
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.68 | −0.005% | $44.3M | $83.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.60 | −0.048% | $25.2M | $21.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.61 | −0.040% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.47 | −0.120% | $22K | $249K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.95 | +0.139% | $684 | $5.6M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.59 | −0.054% | $155K | $374K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.65 | −0.021% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0027% | 1h | 186.72 | +0.016% | $158.1M | $77.8M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.70 | +0.005% | $986K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.66 | −0.016% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.64 | −0.027% | $60K | $129K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.69 | 0.000% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.78 | +0.048% | $199K | $299K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.70 | +0.005% | $180K | $381K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.58 | −0.059% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.Pshort | +0.0050% | 1h | 186.28 | −0.220% | $521K | $2.5M | 10x | |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.327% | $110K | $884K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.70 | +0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.67 | −0.011% | $2.2M | $450K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 186.49 | −0.107% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0755% | 1h | 186.60 | −0.049% | $51K | $36K | 20x | as long as short |
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD