Funding you earn now, next payment 08:00 UTC−0.0314%/8h= −34.4% APRnext payment −$0.39 per $10,000 · paid last 24h −0.001%
Price spread now: Popdex against Ondo Perps+0.032%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.032%, 7d avg +0.031%
=Together, before fees+0.023%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.013% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SKHY-USD.P | 185.76 | −0.0086 | get 0.0011% / 1h | 56m 11s | $519K | $2.6M | 10x |
| Short | Popdex SKHYUSDT | 185.82 | −0.0400 | pay 0.0050% / 1h | 56m 11s | $203K | $285K | 20x |
Ondo Perps SKHY-USD.P
Popdex SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$66.02
- Price spread: +0.032% → +0.031%
- $0.15
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$77.28
- Costs to cover
- 0.114%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Popdex: live order book, 48 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 Popdex live order book, 48 min ago | 1.07 bp | 5.9 bp −$6 | 9.4 bp −$94 | 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 | −0.1371% | 8h | 186.39 | +0.339% | $25.4M | $32.8M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0633% | 4h | 185.93 | +0.090% | $560K | $289K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0555% | 1h | 186.20 | +0.237% | $49K | $345K | 10x | as long as short |
| Popdex SKHYUSDTshort | −0.0400% | 1h | 185.82 | +0.032% | $203K | $285K | 20x | |
| tradeXYZ xyz:SKHY | −0.0368% | 1h | 186.14 | +0.205% | $158.2M | $77.0M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0267% | 1h | 186.12 | +0.194% | $48K | $21K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0263% | 1h | 185.77 | +0.005% | $180K | $487K | 10x | as long as short |
| Nado SKHY-PERP | −0.0255% | 1h | 186.03 | +0.147% | $33K | $28K | 10x | as long as short |
| Lighter SKHY | −0.0120% | 1h | 186.16 | +0.215% | $974K | $1.2M | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | −0.0086% | 1h | 185.76 | long leg | $519K | $2.6M | 10x |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSD
Polymarket Perps SKHY-USD
Nado SKHY-PERP
Lighter SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.980% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 185.80 | +0.022% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0003% | 8h | 186.09 | +0.178% | $1.1M | $326K | 20x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.37 | +0.328% | $224K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.03 | +0.144% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.17 | +0.221% | $199.5M | $449.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.20 | +0.237% | $16.7M | $29.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.13 | +0.199% | $44.4M | $78.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.12 | +0.194% | $25.5M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.16 | +0.217% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.25 | +0.261% | $22K | $231K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.06 | +0.161% | $681 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.06 | +0.161% | $154K | $364K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.20 | +0.237% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0008% | 1h | 186.12 | +0.194% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 185.89 | +0.070% | $60K | $170K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 185.92 | +0.086% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 185.98 | +0.118% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.25 | +0.264% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 185.78 | +0.011% | $2.2M | $422K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.20 | +0.237% | $209K | $123K | 10x | as long as short |
Coinbase International SKHY-PERP-INTX
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