Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Binance against Orderly−0.035%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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.035% cheaper against Orderly than usual: you would sell low and buy high (−$4 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 | Orderly PERP_SKHY_USDC_mythos | 187.07 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $2K | $4K | 10x |
| Short | Binance SKHYUSDT | 187.00 | 0 | get 0.0000% / 8h | 4h 05m | $196.2M | $469.8M | 50x |
Orderly PERP_SKHY_USDC_mythos
Binance SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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: −0.035% → 0.000%
- −$3.54
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.54
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 0.27 bp | 5.3 bp −$5 | 6.7 bp −$67 | 24.4 bp −$2,437 | 100.6 bp −$50.3K |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SKHYUSD | −0.2066% | 1h | 186.87 | −0.105% | $49K | $36K | 20x | as long as short |
| edgeX SKHYUSDC | −0.0526% | 4h | 187.14 | +0.036% | $564K | $286K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0445% | 1h | 186.93 | −0.075% | $53K | $495K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0232% | 8h | 186.98 | −0.048% | $1.1M | $556K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0096% | 1h | 186.87 | −0.107% | $72K | $763K | 10x | as long as short |
| Nado SKHY-PERP | −0.0053% | 1h | 187.16 | +0.047% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 187.02 | −0.027% | $1.2M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0008% | 1h | 187.07 | 0.000% | $157.9M | $77.0M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.11 | +0.021% | $257K | $919K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.99 | −0.044% | $54K | $7K | 10x | as long as short |
Kraken Futures PF_SKHYUSD
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Coinbase International SKHY-PERP-INTX
Nado SKHY-PERP
QFEX SKHY-USD
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USDShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYUSDTshort | 0.0000% | 8h | 187.00 | −0.035% | $196.2M | $469.8M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.00 | −0.037% | $16.8M | $33.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.00 | −0.037% | $44.4M | $84.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.97 | −0.053% | $25.3M | $21.9M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 187.06 | −0.005% | $26.0M | $36.4M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.04 | −0.015% | $1.5M | $885K | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.14 | +0.038% | $23K | $258K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.34 | +0.144% | $686 | $5.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.93 | −0.075% | $153K | $384K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.99 | −0.043% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.91 | −0.086% | $976K | $1.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.86 | −0.112% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.03 | −0.021% | $60K | $132K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.04 | −0.016% | — | $40K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.07 | 0.000% | $202K | $326K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.98 | −0.048% | $181K | $332K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.98 | −0.048% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.02 | −0.027% | $522K | $2.4M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythoslong | +0.0100% | 8h | 187.07 | long leg | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.05 | −0.011% | $2.2M | $505K | 50x | as long as short |
| Phoenix SKHY | +0.0298% | 1h | 187.17 | +0.053% | $210K | $123K | 10x | as long as short |
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
BloFin SKHY-USDT
Phoenix SKHY