SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against Phemex+0.027%53s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on Orderly

What this pair did over the last

the charts below follow

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 +$3 a day on $10k at the current rate, and Orderly is 0.027% dearer against Phemex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SKHYUSDT	186.53	0	get 0.0000% / 8h	49m 27s	$1.5M	$1.1M	10x
Short	Orderly PERP_SKHY_USDC_mythos	186.58	0.0100	get 0.0100% / 8h	49m 27s	$2K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Phemex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee OrderlybpOrdersPrice spread, now +0.027%Rate

Funding earned: $21
Price spread: +0.027% → 0.000%: $2.68
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $5.68
Costs to cover: 0.180%
Break-even: 5.1 days

Slippage unknown: Phemex: live order book, 3 min ago; Orderly: 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, 3 min ago	2.42 bp	45.1 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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
Bitget SKHYUSDT	−0.1372%	8h	186.72	+0.102%	$25.4M	$32.9M	20x	as long as short
edgeX SKHYUSDC	−0.0629%	4h	186.27	−0.138%	$562K	$291K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0297%	1h	186.55	+0.011%	$158.5M	$76.9M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0286%	1h	186.53	0.000%	$49K	$346K	10x	as long as short
Popdex SKHYUSDT	−0.0280%	1h	186.55	+0.011%	$205K	$287K	20x	as long as short
Kraken Futures PF_SKHYUSD	−0.0266%	1h	186.51	−0.009%	$48K	$21K	20x	as long as short
Nado SKHY-PERP	−0.0224%	1h	186.66	+0.070%	$33K	$28K	10x	as long as short
Polymarket Perps SKHY-USD	−0.0200%	1h	186.44	−0.048%	$180K	$487K	10x	as long as short
Lighter SKHY	−0.0096%	1h	186.54	+0.005%	$976K	$1.2M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0072%	1h	187.58	+0.563%	$68K	$905K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SKHY-USD	−0.0061%	1h	186.51	−0.011%	$1.2M	$4.3M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0026%	1h	186.24	−0.155%	$520K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	−0.0016%	8h	186.49	−0.021%	$1.1M	$326K	20x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.67	+0.078%	$224K	$925K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.54	+0.004%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.59	+0.033%	$200.5M	$450.0M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.60	+0.038%	$16.7M	$29.6M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.57	+0.021%	$44.5M	$79.2M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.50	−0.016%	$25.5M	$20.9M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.25	−0.151%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.21	−0.174%	$22K	$232K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.69	+0.086%	$683	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.42	−0.059%	$155K	$363K	50x	as long as short
Phemex SKHYUSDTlong	0.0000%	8h	186.53	long leg	$1.5M	$1.1M	10x
Lighter RH SKHY	+0.0032%	1h	186.48	−0.027%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.30	−0.123%	$60K	$171K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.55	+0.011%	—	$32K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.35	−0.096%	$41K	$12K	10x	as long as short
Orderly PERP_SKHY_USDC_mythosshort	+0.0100%	8h	186.58	+0.027%	$2K	$4K	10x
BloFin SKHY-USDT	+0.0120%	8h	186.32	−0.113%	$2.2M	$423K	50x	as long as short
Phoenix SKHY	+0.0129%	1h	186.38	−0.080%	$209K	$123K	10x	as long as short