Funding you earn now, next payment 05:00 UTC+0.0591%/8h= +64.8% APRpaid last 24h +0.144%
Price spread now: Kraken Futures against Orderly+0.063%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
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.063% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SKHY_USDC_mythos | 189.36 | 0.0100 | pay 0.0100% / 8h | 3h 16m | $2K | $4K | 10x |
| Short | Kraken Futures PF_SKHYUSD | 189.48 | 0.0691 | get 0.0086% / 1h | 16m 35s | $48K | $19K | 20x |
Orderly PERP_SKHY_USDC_mythos
Kraken Futures PF_SKHYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $124.19
- Price spread: +0.063% → 0.000%
- $6.31
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $114.5
- Costs to cover
- 0.160%
- Break-even
- 0.5 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Orderly and Kraken Futures: 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 | −0.0627% | 4h | 189.69 | +0.175% | $572K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.264% | $36K | $876K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0065% | 8h | 189.63 | +0.143% | $24.2M | $29.1M | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0019% | 1h | 189.52 | +0.084% | $158.8M | $69.8M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.57 | +0.113% | $245K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.46 | +0.050% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.57 | +0.113% | $199.9M | $409.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.65 | +0.153% | $15.4M | $28.8M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.60 | +0.127% | $45.0M | $73.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.56 | +0.106% | $25.4M | $19.8M | 75x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Bitget SKHYUSDT
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 189.71 | +0.186% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.69 | +0.172% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.62 | +0.137% | $694 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.38 | +0.011% | $48K | $328K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.24 | −0.063% | $158K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.40 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.59 | +0.121% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0024% | 1h | 189.47 | +0.058% | $998K | $732K | 10x | as long as short |
| Nado SKHY-PERP | +0.0028% | 1h | 189.70 | +0.181% | $34K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.50 | +0.074% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.39 | +0.016% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.57 | +0.111% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.56 | +0.106% | $200K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.49 | +0.069% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.33 | −0.016% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.47 | +0.058% | $528K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.52 | +0.084% | $1.1M | $315K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythoslong | +0.0100% | 8h | 189.36 | long leg | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.43 | +0.037% | $2.2M | $437K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.58 | +0.116% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDshort | +0.0691% | 1h | 189.48 | +0.063% | $48K | $19K | 20x |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY