Funding you earn now, next payment 03:00 UTC−0.0167%/8h= −18.3% APRnext payment −$0.21 per $10,000 · paid last 24h +0.024%
Price spread now: Ondo Perps against Deribit−0.073%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)+0.365%+$37 · spread now −0.073%, 7d avg −0.038%
=Together, before fees+0.440%+ Points / potential airdropOndo Perps: Active · farm board+$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 0.034% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.075%, 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 | Deribit SKHY_USDC-PERPETUAL | 192.78 | 0.0217 | pay 0.0027% / 1h | 23m 47s | $49K | $295K | 10x |
| Short | Ondo Perps SKHY-USD.P | 192.64 | 0.0050 | get 0.0006% / 1h | 23m 47s | $584K | $2.2M | 10x |
Deribit SKHY_USDC-PERPETUAL
Ondo Perps SKHY-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- −$35
- Price spread: −0.073% → −0.038%
- −$3.42
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$50.42
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 40 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 Deribit live order book, 40 min ago | 5.96 bp | 11.3 bp −$11 | 13.8 bp −$138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0894% | 4h | 192.62 | −0.084% | $581K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | +0.062% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.75 | −0.018% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.75 | −0.017% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.81 | +0.014% | $206.3M | $390.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.80 | +0.010% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.84 | +0.031% | $46.7M | $69.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.76 | −0.010% | $25.8M | $19.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.70 | −0.044% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.68 | −0.052% | $23K | $195K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.07 | +0.150% | $707 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.70 | −0.041% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.75 | −0.016% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.63 | −0.078% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.69 | −0.047% | $1.0M | $688K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.68 | −0.052% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.69 | −0.047% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.62 | −0.083% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.73 | −0.026% | $199K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.70 | −0.041% | $161.2M | $67.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.58 | −0.104% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.69 | −0.047% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.Pshort | +0.0050% | 1h | 192.64 | −0.073% | $584K | $2.2M | 10x | |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.70 | −0.041% | $1.1M | $291K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.70 | −0.041% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.59 | −0.099% | $2.2M | $445K | 50x | as long as short |
| Bitget SKHYUSDT | +0.0131% | 8h | 192.79 | +0.005% | $25.4M | $26.8M | 20x | as long as short |
| Nado SKHY-PERP | +0.0168% | 1h | 192.57 | −0.109% | $38K | $26K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | +0.0217% | 1h | 192.78 | long leg | $49K | $295K | 10x | |
| Phoenix SKHY | +0.0332% | 1h | 192.88 | +0.052% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0546% | 1h | 192.82 | +0.021% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Bitget SKHYUSDT
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD