Funding you earn now, next payment 07:00 UTC−0.0129%/8h= −14.1% APRnext payment −$0.16 per $10,000 · paid last 24h −0.094%
Price spread now: Extended against Phoenix−0.153%88s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.153% cheaper against Phoenix than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 88 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 | Phoenix SKHY | 186.63 | 0.0129 | pay 0.0016% / 1h | 15m 43s | $209K | $123K | 10x |
| Short | Extended SKHY-USD | 186.34 | 0 | get 0.0000% / 1h | 15m 43s | $54K | $7K | 10x |
Phoenix SKHY
Extended SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phoenix. 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
- −$27.05
- Price spread: −0.153% → 0.000%
- −$15.28
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$54.32
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 16 min ago; Extended: 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 Phoenix live order book, 16 min ago | 3.21 bp | 10.7 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: 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 | −0.1244% | 8h | 186.59 | −0.021% | $25.6M | $33.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0805% | 4h | 186.49 | −0.075% | $562K | $291K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.42 | −0.112% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0165% | 1h | 186.31 | −0.171% | $158.2M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0142% | 1h | 186.36 | −0.146% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0081% | 1h | 186.34 | −0.155% | $180K | $486K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.509% | $68K | $803K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.41 | −0.118% | $1.2M | $4.3M | 10x | as long as short |
| Popdex SKHYUSDT | −0.0056% | 1h | 186.43 | −0.107% | $204K | $287K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0053% | 8h | 186.38 | −0.134% | $1.1M | $342K | 20x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Popdex SKHYUSDT
KuCoin SKHYUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SKHY | −0.0008% | 1h | 186.27 | −0.193% | $973K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.41 | −0.120% | $223K | $899K | 50x | as long as short |
| Extended SKHY-USDshort | 0.0000% | 1h | 186.34 | −0.153% | $54K | $7K | 10x | |
| Binance SKHYUSDT | 0.0000% | 8h | 186.35 | −0.148% | $200.1M | $452.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.37 | −0.139% | $16.6M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.29 | −0.182% | $44.6M | $79.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.30 | −0.177% | $25.5M | $21.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.36 | −0.147% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.56 | −0.038% | $22K | $236K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.70 | +0.038% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.32 | −0.166% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.36 | −0.145% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.27 | −0.193% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.40 | −0.123% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.36 | −0.145% | — | $32K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0048% | 1h | 186.40 | −0.123% | $520K | $2.6M | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.34 | −0.155% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.40 | −0.123% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.38 | −0.134% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHYlong | +0.0129% | 1h | 186.63 | long leg | $209K | $123K | 10x | |
| Deribit SKHY_USDC-PERPETUAL | +0.0179% | 1h | 186.42 | −0.113% | $49K | $347K | 10x | as long as short |
Lighter SKHY
Aster SKHYUSDT
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Ondo Perps SKHY-USD.P
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Deribit SKHY_USDC-PERPETUAL