Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h +0.039%
Price spread now: Popdex against Nado−0.038%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Popdex is 0.038% cheaper against Nado than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 7.7 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SKHY-PERP | 189.28 | 0.0032 | pay 0.0004% / 1h | 18m 17s | $33K | $28K | 10x |
| Short | Popdex SKHYUSDT | 189.21 | 0.0048 | get 0.0006% / 1h | 18m 17s | $199K | $258K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $3.44
- Price spread: −0.038% → 0.000%
- −$3.81
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$13.77
- Costs to cover
- 0.134%
- Break-even
- 35.0 days
Slippage unknown: Nado: no order-book sample; Popdex: live order book, 35 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 Popdex live order book, 35 min ago | 0.78 bp | 4.0 bp −$4 | 6.1 bp −$61 | 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 | −0.0627% | 4h | 189.69 | +0.217% | $572K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.305% | $36K | $876K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0067% | 1h | 189.19 | −0.049% | $48K | $328K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0019% | 1h | 189.19 | −0.049% | $158.6M | $69.7M | 10x | as long as short |
| Bitget SKHYUSDT | −0.0017% | 8h | 189.37 | +0.046% | $24.2M | $29.1M | 20x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.28 | −0.003% | $245K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.11 | −0.088% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.17 | −0.058% | $199.5M | $409.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.23 | −0.027% | $15.4M | $28.8M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.17 | −0.059% | $44.9M | $73.3M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 189.18 | −0.054% | $25.3M | $19.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.71 | +0.227% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.69 | +0.213% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.48 | +0.105% | $694 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.20 | −0.043% | $158K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.23 | −0.027% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.18 | −0.054% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0024% | 1h | 189.11 | −0.091% | $996K | $730K | 10x | as long as short |
| Nado SKHY-PERPlong | +0.0032% | 1h | 189.28 | long leg | $33K | $28K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 189.14 | −0.075% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.48 | +0.105% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.30 | +0.009% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDTshort | +0.0048% | 1h | 189.21 | −0.038% | $199K | $258K | 20x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.12 | −0.086% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.19 | −0.049% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.47 | +0.099% | $528K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.28 | −0.001% | $1.1M | $315K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.17 | −0.059% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.45 | +0.089% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.58 | +0.157% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0692% | 1h | 189.22 | −0.032% | $48K | $19K | 20x | as long as short |
Popdex SKHYUSDT
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Bitget SKHYUSDT
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
Lighter SKHY
Lighter RH SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD