Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%
Price spread now: OKX against Vest−0.158%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
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.158% cheaper against Vest than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SKHY-USD-PERP | 189.60 | 0.0046 | pay 0.0006% / 1h | 14m 51s | — | $12K | 10x |
| Short | OKX SKHY-USDT-SWAP | 189.30 | 0 | get 0.0000% / 8h | 3h 14m | $44.9M | $73.4M | 50x |
Vest SKHY-USD-PERP
OKX SKHY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Vest. 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
- −$9.59
- Price spread: −0.158% → 0.000%
- −$15.82
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$37.42
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; OKX: live order book, 4 min ago. 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 Vest no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 4 min ago | 0.26 bp | 6.0 bp −$6 | 8.3 bp −$83 | 24.7 bp −$2,475 | doesn't fit |
Vest: 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 | −0.0229% | 4h | 189.30 | −0.156% | $571K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.137% | $36K | $876K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0083% | 8h | 189.52 | −0.042% | $24.2M | $29.2M | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0023% | 1h | 189.38 | −0.116% | $158.7M | $69.8M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0014% | 1h | 189.43 | −0.090% | $48K | $330K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.44 | −0.086% | $245K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.34 | −0.135% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.37 | −0.123% | $199.8M | $410.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.36 | −0.127% | $15.4M | $28.8M | 100x | as long as short |
| OKX SKHY-USDT-SWAPshort | 0.0000% | 8h | 189.30 | −0.158% | $44.9M | $73.4M | 50x |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Bitget SKHYUSDT
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 189.30 | −0.158% | $25.3M | $19.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.52 | −0.041% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.44 | −0.084% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.85 | +0.132% | $695 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.31 | −0.153% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.41 | −0.100% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 189.31 | −0.153% | $998K | $734K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.58 | −0.011% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0025% | 1h | 189.64 | +0.023% | $34K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.33 | −0.142% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.43 | −0.090% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERPlong | +0.0046% | 1h | 189.60 | long leg | — | $12K | 10x | |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.59 | −0.005% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.45 | −0.079% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.38 | −0.116% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.47 | −0.069% | $528K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.45 | −0.079% | $1.1M | $314K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.49 | −0.058% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.35 | −0.132% | $2.2M | $437K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.71 | +0.058% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0691% | 1h | 189.58 | −0.012% | $48K | $19K | 20x | as long as short |
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD