Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.004%
Price spread now: SoDEX against Popdex−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Funding pays, the price is against you. SoDEX is 0.043% cheaper against Popdex than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 186.23 | −0.0008 | get 0.0001% / 1h | 8m 59s | $204K | $287K | 20x |
| Short | SoDEX SKHY-USD | 186.15 | 0.0050 | get 0.0006% / 1h | 8m 59s | $41K | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Popdex. 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
- $12.18
- Price spread: −0.043% → 0.000%
- −$4.3
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$6.52
- Costs to cover
- 0.144%
- Break-even
- 10.7 days
Slippage unknown: Popdex: live order book, 30 min ago; SoDEX: 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 Popdex live order book, 30 min ago | 0.80 bp | 5.1 bp −$5 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | −0.1250% | 8h | 186.50 | +0.145% | $25.6M | $33.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.30 | +0.039% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0137% | 1h | 186.22 | −0.005% | $158.1M | $76.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0123% | 1h | 186.16 | −0.038% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.725% | $68K | $799K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.20 | −0.016% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0056% | 8h | 186.20 | −0.016% | $1.1M | $347K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0054% | 1h | 186.18 | −0.027% | $180K | $486K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0018% | 4h | 186.11 | −0.062% | $561K | $290K | 10x | as long as short |
| Popdex SKHYUSDTlong | −0.0008% | 1h | 186.23 | long leg | $204K | $287K | 20x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 186.29 | +0.030% | $225K | $899K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.23 | −0.002% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.29 | +0.030% | $199.8M | $453.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.30 | +0.038% | $16.6M | $29.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.26 | +0.016% | $44.5M | $80.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.25 | +0.011% | $25.5M | $21.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.12 | −0.058% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.15 | −0.043% | $22K | $238K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.54 | +0.166% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.19 | −0.021% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.27 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 186.21 | −0.011% | $973K | $1.2M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.19 | −0.021% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.17 | −0.032% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.13 | −0.054% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USDshort | +0.0050% | 1h | 186.15 | −0.043% | $41K | $12K | 10x | |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.05 | −0.097% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.23 | 0.000% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.27 | +0.021% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.45 | +0.118% | $209K | $123K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0180% | 1h | 186.31 | +0.043% | $49K | $347K | 10x | as long as short |
Popdex SKHYUSDT
SoDEX SKHY-USD
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Polymarket Perps SKHY-USD
edgeX SKHYUSDC
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
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
BloFin SKHY-USDT
Phoenix SKHY
Deribit SKHY_USDC-PERPETUAL