Funding you earn now, next payment 09:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: Arcus against Ondo Perps−0.011%7-day average +0.005% · 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)+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.011%, 7d avg +0.005%
=Together, before fees+0.125%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SKHY-USD.P | 184.51 | −0.0056 | get 0.0007% / 1h | 34m 29s | $515K | $2.6M | 10x |
| Short | Arcus SKHY-USD | 184.49 | 0.0040 | get 0.0005% / 1h | 34m 29s | $59K | $172K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Ondo Perps. 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
- $20.22
- Price spread: −0.011% → +0.005%
- −$1.62
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $9.1
- Costs to cover
- 0.095%
- Break-even
- 3.9 days
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 64 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 64 min ago | 4.29 bp | 10.6 bp −$11 | 18.6 bp −$186 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1230% | 8h | 184.59 | +0.043% | $25.5M | $34.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0952% | 4h | 184.87 | +0.196% | $557K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0445% | 8h | 184.94 | +0.235% | $22K | $243K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0231% | 8h | 184.53 | +0.011% | $1.1M | $366K | 20x | as long as short |
| Bybit SKHYUSDT | −0.0156% | 8h | 184.44 | −0.038% | $16.3M | $32.5M | 100x | as long as short |
| tradeXYZ xyz:SKHY | −0.0117% | 1h | 184.48 | −0.016% | $156.6M | $77.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0085% | 1h | 184.71 | +0.108% | $33K | $28K | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | −0.0056% | 1h | 184.51 | long leg | $515K | $2.6M | 10x | |
| Binance SKHYUSDT | −0.0036% | 8h | 184.53 | +0.011% | $197.3M | $462.1M | 50x | as long as short |
| Extended SKHY-USD | −0.0032% | 1h | 184.46 | −0.026% | $54K | $7K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHY-USDT | −0.0031% | 8h | 184.70 | +0.103% | $153K | $370K | 50x | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 184.49 | −0.011% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni SKHY | −0.0004% | 8h | 184.69 | +0.100% | $1.6M | $1.0M | — | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 184.65 | +0.076% | $265K | $951K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.49 | −0.011% | $43.7M | $81.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.48 | −0.016% | $25.8M | $21.3M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 185.04 | +0.287% | $677 | $5.9M | 10x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.76 | +0.135% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 184.47 | −0.022% | $982K | $1.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0021% | 1h | 184.71 | +0.108% | $47K | $353K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +1.664% | $68K | $784K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 184.39 | −0.065% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 184.49 | −0.011% | $59K | $172K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.46 | −0.027% | — | $34K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 184.53 | +0.011% | $201K | $288K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.44 | −0.038% | $178K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.67 | +0.087% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0085% | 8h | 184.67 | +0.087% | $2.1M | $438K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.71 | +0.108% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 184.81 | +0.164% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 185.14 | +0.341% | $207K | $123K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
KuCoin SKHYUSDTM
Bybit SKHYUSDT
tradeXYZ xyz:SKHY
Binance SKHYUSDT
Extended SKHY-USD
HTX SKHY-USDT
Variational Omni SKHY
Aster SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Deribit SKHY_USDC-PERPETUAL
Coinbase International SKHY-PERP-INTX
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Kraken Futures PF_SKHYUSD
Phoenix SKHY