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 Binance−0.099%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Orderly is 0.099% cheaper against Binance than usual: you would sell low and buy high (spread −0.099% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 193.46 | 0 | get 0.0000% / 8h | 7h 22m | $212.3M | $383.1M | 50x |
| Short | Orderly PERP_SKHY_USDC_mythos | 193.27 | 0.0100 | get 0.0100% / 8h | 7h 22m | $2K | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- $21
- Price spread: −0.099% → 0.000%
- −$9.93
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$4.93
- Costs to cover
- 0.160%
- Break-even
- 8.6 days
Slippage unknown: Binance: live order book, 6 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 Binance live order book, 6 min ago | 0.26 bp | 5.3 bp −$5 | 6.3 bp −$63 | 18.8 bp −$1,879 | 100.2 bp −$50.1K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0274% | 4h | 193.27 | −0.098% | $583K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0002% | 1h | 193.23 | −0.120% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.17 | −0.152% | $249K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.37 | −0.049% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 193.46 | long leg | $212.3M | $383.1M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.50 | +0.020% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.48 | +0.009% | $47.0M | $67.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.39 | −0.037% | $25.9M | $18.4M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.27 | −0.098% | $1.6M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.56 | +0.051% | $708 | $6.8M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.26 | −0.104% | $47K | $268K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.17 | −0.151% | $160K | $386K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.23 | −0.120% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.17 | −0.151% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.36 | −0.053% | $1.0M | $677K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.33 | −0.068% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.12 | −0.177% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.19 | −0.141% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.22 | −0.125% | $197K | $256K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.15 | −0.161% | $190K | $454K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | −0.104% | $555K | $1.7M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0062% | 1h | 193.36 | −0.053% | $164.8M | $65.2M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 192.17 | −0.668% | $117K | $795K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0091% | 1h | 193.26 | −0.104% | $43K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.27 | −0.099% | $1.1M | $277K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythosshort | +0.0100% | 8h | 193.27 | −0.099% | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.36 | −0.053% | $2.2M | $446K | 50x | as long as short |
| Bitget SKHYUSDT | +0.0213% | 8h | 193.27 | −0.099% | $25.7M | $26.6M | 20x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.33 | −0.068% | $218K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0554% | 8h | 193.28 | −0.095% | $23K | $195K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.34 | −0.063% | $51K | $22K | 20x | as long as short |
Binance SKHYUSDT
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD