Funding you earn now, next payment 23:00 UTC+0.0380%/8h= +41.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.082%
Price spread now: Phoenix against Extended+0.267%68s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.364%+$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Phoenix is 0.267% dearer against Extended than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 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 | Extended SKHY-USD | 189.36 | 0 | get 0.0000% / 1h | 14m 16s | $55K | $4K | 10x |
| Short | Phoenix SKHY | 189.87 | 0.0380 | get 0.0048% / 1h | 14m 16s | $214K | $128K | 10x |
Extended SKHY-USD
Phoenix SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Extended. 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
- $79.86
- Price spread: +0.267% → 0.000%
- $26.67
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $94.53
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; Phoenix: live order book, 58 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 Extended no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 58 min ago | 3.17 bp | 11.1 bp −$11 | 23.3 bp −$233 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0648% | 4h | 189.61 | +0.131% | $572K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0044% | 1h | 189.42 | +0.028% | $28K | $2K | 10x | as long as short |
| QFEX SKHY-USD | 0.0000% | 1h | 189.21 | −0.082% | $1.2M | $5.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.39 | +0.013% | $251K | $903K | 50x | as long as short |
| Extended SKHY-USDlong | 0.0000% | 1h | 189.36 | long leg | $55K | $4K | 10x | |
| Binance SKHYUSDT | 0.0000% | 8h | 189.35 | −0.008% | $211.8M | $378.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.38 | +0.008% | $15.7M | $27.0M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.37 | +0.003% | $47.1M | $61.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.38 | +0.008% | $26.1M | $17.8M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 189.29 | −0.040% | $25.2M | $25.8M | 20x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
QFEX SKHY-USD
Aster SKHYUSDT
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 189.62 | +0.133% | $1.6M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.64 | +0.146% | $22K | $208K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.66 | +0.156% | $694 | $7.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.41 | +0.024% | $45K | $259K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.29 | −0.040% | $155K | $401K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.34 | −0.013% | $1.5M | $1.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0012% | 8h | 189.34 | −0.013% | $1.1M | $281K | 20x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 189.33 | −0.018% | $1.0M | $692K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.29 | −0.040% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.39 | +0.013% | $56K | $155K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.40 | +0.019% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.37 | +0.003% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 189.26 | −0.055% | $164.1M | $65.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.16 | −0.108% | $170K | $952K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.39 | +0.013% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.65 | +0.151% | $558K | $1.2M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.39 | +0.013% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.55 | +0.098% | $2.2M | $415K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0128% | 1h | 189.72 | +0.187% | $169K | $684K | 10x | as long as short |
| Phoenix SKHYshort | +0.0380% | 1h | 189.87 | +0.267% | $214K | $128K | 10x | |
| Kraken Futures PF_SKHYUSD | +0.0952% | 1h | 189.38 | +0.007% | $50K | $24K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
KuCoin SKHYUSDTM
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Kraken Futures PF_SKHYUSD