Funding you earn now, next payment 09:00 UTC−0.0437%/8h= −47.8% APRnext payment −$0.55 per $10,000 · paid last 24h −0.008%
Price spread now: tradeXYZ against Ondo Perps−0.032%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.032%, 7d avg −0.018%
=Together, before fees−0.153%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.55 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 | 185.94 | −0.0030 | get 0.0004% / 1h | 59m 07s | $520K | $2.6M | 10x |
| Short | tradeXYZ xyz:SKHY | 185.88 | −0.0467 | pay 0.0058% / 1h | 59m 07s | $157.9M | $77.0M | 10x |
Ondo Perps SKHY-USD.P
tradeXYZ xyz:SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$91.77
- Price spread: −0.032% → −0.018%
- −$1.46
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$116.23
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago | 0.27 bp | 9.3 bp −$9 | 9.9 bp −$99 | 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 | −0.1254% | 8h | 186.18 | +0.129% | $25.5M | $33.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0509% | 4h | 186.11 | +0.091% | $561K | $291K | 10x | as long as short |
| tradeXYZ xyz:SKHYshort | −0.0467% | 1h | 185.88 | −0.032% | $157.9M | $77.0M | 10x | |
| Deribit SKHY_USDC-PERPETUAL | −0.0448% | 1h | 185.98 | +0.022% | $49K | $349K | 10x | as long as short |
| HTX SKHY-USDT | −0.0211% | 8h | 185.85 | −0.048% | $154K | $363K | 50x | as long as short |
| Lighter SKHY | −0.0176% | 1h | 185.95 | +0.005% | $969K | $1.2M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0080% | 8h | 186.01 | +0.038% | $1.1M | $353K | 20x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.03 | +0.048% | $1.2M | $4.3M | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | −0.0030% | 1h | 185.94 | long leg | $520K | $2.6M | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 185.96 | +0.010% | $224K | $900K | 50x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Lighter SKHY
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 185.90 | −0.022% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.00 | +0.032% | $199.7M | $454.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 185.89 | −0.027% | $16.4M | $31.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 185.90 | −0.022% | $44.3M | $80.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 185.85 | −0.048% | $25.5M | $20.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.05 | +0.059% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.06 | +0.063% | $22K | $240K | 10x | as long as short |
| Nado SKHY-PERP | 0.0000% | 1h | 186.15 | +0.112% | $33K | $28K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.36 | +0.226% | $682 | $6.0M | 10x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 185.81 | −0.070% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0008% | 1h | 185.89 | −0.027% | $1.1M | $1.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +0.882% | $68K | $788K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.01 | +0.038% | $60K | $170K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.06 | +0.065% | — | $32K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 185.90 | −0.022% | $204K | $286K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.20 | +0.140% | $180K | $486K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 185.86 | −0.043% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.02 | +0.043% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 185.93 | −0.005% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.35 | +0.221% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0170% | 1h | 186.28 | +0.182% | $48K | $21K | 20x | as long as short |
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
Nado SKHY-PERP
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Coinbase International SKHY-PERP-INTX
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD