Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.9% APRnext payment −$0.44 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against Orderly+0.047%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Bybit is 0.047% dearer against Orderly than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SKHY_USDC_mythos | 192.40 | 0.0100 | pay 0.0100% / 8h | 7h 53m | $2K | $4K | 10x |
| Short | Bybit SKHYUSDT | 192.49 | 0.0056 | get 0.0056% / 8h | 7h 53m | $15.8M | $27.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- −$9.31
- Price spread: +0.047% → 0.000%
- $4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.63
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 0.52 bp | 8.4 bp −$8 | 18.4 bp −$184 | 100.5 bp −$10.1K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0531% | 4h | 191.41 | −0.513% | $577K | $289K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0114% | 1h | 192.41 | +0.005% | $46K | $259K | 10x | as long as short |
| Nado SKHY-PERP | −0.0103% | 1h | 192.47 | +0.036% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.27 | −0.069% | $255K | $905K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.37 | −0.013% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.41 | +0.003% | $213.4M | $383.3M | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.43 | +0.016% | $47.6M | $63.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.37 | −0.016% | $26.4M | $17.3M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 192.45 | +0.026% | $25.5M | $26.3M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 191.76 | −0.333% | $1.6M | $2.4M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 192.59 | +0.099% | $705 | $7.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.38 | −0.010% | $158K | $393K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.42 | +0.010% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 192.40 | 0.000% | $1.2M | $5.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0030% | 8h | 192.32 | −0.042% | $1.1M | $272K | 20x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.34 | −0.031% | $1.0M | $613K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.32 | −0.042% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 191.96 | −0.229% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.47 | +0.036% | — | $13K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.35 | −0.026% | $196K | $257K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.44 | +0.021% | $577K | $1.4M | 10x | as long as short |
| Bybit SKHYUSDTshort | +0.0056% | 8h | 192.49 | +0.047% | $15.8M | $27.3M | 100x | |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 190.51 | −0.982% | $171K | $682K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythoslong | +0.0100% | 8h | 192.40 | long leg | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.45 | +0.026% | $2.3M | $428K | 50x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0176% | 8h | 191.64 | −0.397% | $23K | $202K | 10x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 191.61 | −0.411% | $216K | $120K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0711% | 1h | 192.54 | +0.073% | $51K | $24K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.1167% | 1h | 192.43 | +0.016% | $193K | $395K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.1311% | 1h | 192.45 | +0.026% | $166.5M | $64.1M | 10x | as long as short |
| SoDEX SKHY-USD | +0.1554% | 1h | 192.33 | −0.036% | $43K | $13K | 10x | as long as short |
Bybit SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
KuCoin SKHYUSDTM
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTX
BloFin SKHY-USDT
GRVT SKHY_USDT_Perp
Phoenix SKHY
Kraken Futures PF_SKHYUSD
Polymarket Perps SKHY-USD
tradeXYZ xyz:SKHY
SoDEX SKHY-USD