Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h −0.012%
Price spread now: Coinbase International against Ondo Perps+0.720%7-day average +0.147% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 4 days (all we have)−0.794%−$79 · spread now +0.720%, 7d avg +0.147%
=Together, before fees−0.969%+ Points / potential airdropOndo Perps: Active · farm board−$97 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.573% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.720% now, against its 7-day average of +0.147%): +$57 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 42 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SKHY-USD.P | 186.24 | −0.0026 | get 0.0003% / 1h | 49m 35s | $520K | $2.6M | 10x |
| Short | Coinbase International SKHY-PERP-INTX | 187.58 | −0.0072 | pay 0.0009% / 1h | 49m 35s | $68K | $905K | 10x |
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Ondo Perps. 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
- −$9.58
- Price spread: +0.720% → +0.147%
- $57.29
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $32.72
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 54 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 54 min ago | 5.89 bp | 10.9 bp −$11 | 19.1 bp −$191 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1372% | 8h | 186.67 | +0.231% | $25.4M | $32.9M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0629% | 4h | 186.27 | +0.018% | $562K | $291K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0299% | 1h | 186.56 | +0.172% | $158.6M | $76.9M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0286% | 1h | 186.53 | +0.156% | $49K | $346K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0280% | 1h | 186.55 | +0.166% | $205K | $287K | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.51 | +0.147% | $48K | $21K | 20x | as long as short |
| Nado SKHY-PERP | −0.0224% | 1h | 186.66 | +0.226% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0212% | 1h | 186.25 | +0.005% | $180K | $487K | 10x | as long as short |
| Lighter SKHY | −0.0096% | 1h | 186.54 | +0.161% | $976K | $1.2M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXshort | −0.0072% | 1h | 187.58 | +0.720% | $68K | $905K | 10x |
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Popdex SKHYUSDT
Kraken Futures PF_SKHYUSD
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Lighter SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0061% | 1h | 186.51 | +0.145% | $1.2M | $4.3M | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | −0.0026% | 1h | 186.24 | long leg | $520K | $2.6M | 10x | |
| KuCoin SKHYUSDTM | −0.0016% | 8h | 186.50 | +0.140% | $1.1M | $326K | 20x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.68 | +0.236% | $224K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.51 | +0.143% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.56 | +0.172% | $200.5M | $450.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.58 | +0.183% | $16.7M | $29.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.57 | +0.177% | $44.5M | $79.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.52 | +0.150% | $25.5M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.25 | +0.005% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.21 | −0.018% | $22K | $232K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.69 | +0.242% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.42 | +0.097% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.53 | +0.156% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.48 | +0.129% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.30 | +0.032% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.40 | +0.086% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.35 | +0.059% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.46 | +0.118% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.32 | +0.043% | $2.2M | $423K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.38 | +0.075% | $209K | $123K | 10x | as long as short |
QFEX SKHY-USD
KuCoin SKHYUSDTM
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 RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY