Funding you earn now, next payment 23:00 UTC+0.0233%/8h= +25.5% APRnext payment +$0.29 per $10,000 · paid last 24h +0.029%
Price spread now: Deribit against Nado+0.039%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Deribit is 0.039% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SKHY-PERP | 188.74 | −0.0006 | get 0.0001% / 1h | 45m 25s | $28K | $2K | 10x |
| Short | Deribit SKHY_USDC-PERPETUAL | 188.81 | 0.0227 | get 0.0028% / 1h | 45m 25s | $45K | $228K | 10x |
Nado SKHY-PERP
Deribit SKHY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Nado. 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
- $48.86
- Price spread: +0.039% → 0.000%
- $3.95
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $38.81
- Costs to cover
- 0.140%
- Break-even
- 1.4 days
Slippage unknown: Nado: no order-book sample; Deribit: live order book, 38 min ago. 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 Nado no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 38 min ago | 0.26 bp | 14.6 bp −$15 | 19.8 bp −$198 | doesn't fit | doesn't fit |
Nado: 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 | −0.0861% | 4h | 188.72 | −0.010% | $569K | $291K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0019% | 8h | 188.71 | −0.013% | $1.1M | $317K | 20x | as long as short |
| Nado SKHY-PERPlong | −0.0006% | 1h | 188.74 | long leg | $28K | $2K | 10x | |
| QFEX SKHY-USD | −0.0001% | 1h | 188.75 | +0.008% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.73 | −0.005% | $250K | $901K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.72 | −0.007% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.78 | +0.023% | $211.4M | $378.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.75 | +0.008% | $15.8M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.79 | +0.029% | $46.9M | $60.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.76 | +0.013% | $26.0M | $17.7M | 75x | as long as short |
edgeX SKHYUSDC
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | 0.0000% | 8h | 188.77 | +0.018% | $25.4M | $25.1M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.73 | −0.004% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.74 | +0.003% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.07 | +0.177% | $692 | $7.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.67 | −0.035% | $155K | $399K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.70 | −0.019% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.69 | −0.024% | $1.0M | $711K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.69 | −0.024% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.77 | +0.018% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.70 | −0.019% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.81 | +0.039% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 188.70 | −0.019% | $164.4M | $65.0M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.70 | −0.019% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.69 | −0.024% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.63 | −0.056% | $530K | $942K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.79 | +0.029% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.76 | +0.013% | $2.2M | $432K | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | +0.0227% | 1h | 188.81 | +0.039% | $45K | $228K | 10x | |
| Coinbase International SKHY-PERP-INTX | +0.0240% | 1h | 188.78 | +0.024% | $168K | $687K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 188.92 | +0.098% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0872% | 1h | 188.85 | +0.058% | $50K | $24K | 20x | as long as short |
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD