Funding you earn now, next payment 07:00 UTC−0.0034%/8h= −3.8% APRpaid last 24h +0.014%
Price spread now: Ondo Perps against Phemex+0.075%7-day average −0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.075%, 7d avg −0.027%
=Together, before fees+0.087%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.101% dearer against Phemex than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.027%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYUSDT | 186.82 | 0 | get 0.0000% / 8h | 1h 43m | $1.5M | $1.1M | 10x |
| Short | Ondo Perps SKHY-USD.P | 186.96 | −0.0034 | pay 0.0004% / 1h | 43m 57s | $516K | $2.6M | 10x |
Phemex SKHYUSDT
Ondo Perps SKHY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Phemex. 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
- −$7.22
- Price spread: +0.075% → −0.027%
- $10.15
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$14.08
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; Ondo Perps: 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 Phemex live order book, 4 min ago | 4.81 bp | 69.8 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | −0.1096% | 8h | 187.08 | +0.139% | $25.0M | $31.6M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0876% | 4h | 187.12 | +0.163% | $564K | $292K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0552% | 1h | 186.77 | −0.027% | $48K | $339K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0182% | 1h | 186.80 | −0.011% | $158.5M | $74.3M | 10x | as long as short |
| Nado SKHY-PERP | −0.0176% | 1h | 187.14 | +0.172% | $33K | $28K | 10x | as long as short |
| Lighter SKHY | −0.0160% | 1h | 186.73 | −0.048% | $964K | $1.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0160% | 1h | 186.89 | +0.037% | $181K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.99 | +0.093% | $47K | $19K | 20x | as long as short |
| Popdex SKHYUSDT | −0.0128% | 1h | 186.97 | +0.080% | $197K | $274K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.498% | $63K | $902K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Lighter SKHY
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.98 | +0.086% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.Pshort | −0.0034% | 1h | 186.96 | +0.075% | $516K | $2.6M | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 187.08 | +0.141% | $227K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.76 | −0.030% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.81 | −0.004% | $199.5M | $437.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.84 | +0.011% | $15.9M | $29.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.80 | −0.011% | $44.7M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.77 | −0.027% | $25.2M | $20.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.90 | +0.044% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.13 | +0.166% | $22K | $228K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.05 | +0.123% | $685 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.70 | −0.064% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDTlong | 0.0000% | 8h | 186.82 | long leg | $1.5M | $1.1M | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 186.72 | −0.054% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.10 | +0.150% | $58K | $165K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.09 | +0.145% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.79 | −0.016% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.02 | +0.107% | $1.1M | $327K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.95 | +0.070% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.97 | +0.080% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 187.81 | +0.530% | $210K | $115K | 10x | as long as short |
QFEX SKHY-USD
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
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY