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 OKX−0.086%50s7-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
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.086% cheaper against OKX than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day). The two prices were read 50 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 | OKX SKHY-USDT-SWAP | 186.68 | 0 | get 0.0000% / 8h | 1h 40m | $44.7M | $77.4M | 50x |
| Short | Orderly PERP_SKHY_USDC_mythos | 186.52 | 0.0100 | get 0.0100% / 8h | 1h 40m | $2K | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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: −0.086% → 0.000%
- −$8.57
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.57
- Costs to cover
- 0.160%
- Break-even
- 8.2 days
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.27 bp | 6.2 bp −$6 | 7.7 bp −$77 | 34.3 bp −$3,428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1148% | 8h | 186.93 | +0.134% | $25.0M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0246% | 4h | 187.00 | +0.171% | $564K | $292K | 10x | as long as short |
| Nado SKHY-PERP | −0.0186% | 1h | 186.93 | +0.135% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0182% | 1h | 186.73 | +0.027% | $158.5M | $74.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0178% | 1h | 186.64 | −0.021% | $48K | $340K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0172% | 1h | 186.52 | −0.086% | $180K | $487K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0160% | 1h | 186.73 | +0.027% | $197K | $274K | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.77 | +0.046% | $47K | $19K | 20x | as long as short |
| Lighter SKHY | −0.0136% | 1h | 186.70 | +0.011% | $963K | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.573% | $63K | $902K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.72 | +0.021% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0033% | 1h | 186.48 | −0.107% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.92 | +0.129% | $227K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.76 | +0.042% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.75 | +0.038% | $199.5M | $438.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.78 | +0.054% | $15.8M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAPlong | 0.0000% | 8h | 186.68 | long leg | $44.7M | $77.4M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 186.78 | +0.054% | $25.3M | $20.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.53 | −0.079% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.65 | −0.015% | $22K | $228K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.83 | +0.080% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.48 | −0.107% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.62 | −0.032% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.62 | −0.032% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.72 | +0.021% | $58K | $165K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.73 | +0.027% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.62 | −0.032% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 186.77 | +0.048% | $1.1M | $328K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythosshort | +0.0100% | 8h | 186.52 | −0.086% | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.59 | −0.048% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 187.04 | +0.193% | $210K | $115K | 10x | as long as short |
OKX SKHY-USDT-SWAP
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Polymarket Perps SKHY-USD
Popdex SKHYUSDT
Kraken Futures PF_SKHYUSD
Lighter SKHY
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY