Funding you earn now, next payment 04:00 UTC+0.0957%/8h= +104.8% APRpaid last 24h +0.135%
Price spread now: Kraken Futures against Orderly+0.049%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$29 a day on $10k at the current rate, and Kraken Futures is 0.049% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SKHY_USDC_mythos | 193.13 | 0.0100 | pay 0.0100% / 8h | 4h 34m | $2K | $4K | 10x |
| Short | Kraken Futures PF_SKHYUSD | 193.22 | 0.1057 | get 0.0132% / 1h | 34m 12s | $49K | $19K | 20x |
Orderly PERP_SKHY_USDC_mythos
Kraken Futures PF_SKHYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $201.05
- Price spread: +0.049% → 0.000%
- $4.87
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $189.92
- Costs to cover
- 0.160%
- Break-even
- 0.4 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Orderly and Kraken Futures: 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 | −0.0308% | 4h | 193.10 | −0.013% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.150% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.08 | −0.025% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.10 | −0.017% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.16 | +0.017% | $204.4M | $392.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.16 | +0.016% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.19 | +0.031% | $46.6M | $69.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.07 | −0.031% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | −0.025% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.12 | −0.005% | $23K | $201K | 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 | 193.40 | +0.140% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.05 | −0.041% | $161K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.23 | +0.052% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.07 | −0.031% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.07 | −0.031% | $1.0M | $686K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.08 | −0.026% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.04 | −0.047% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.07 | −0.031% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.12 | −0.005% | $201K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0049% | 1h | 193.03 | −0.052% | $161.5M | $67.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.02 | −0.057% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.13 | 0.000% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.06 | −0.036% | $574K | $2.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.04 | −0.047% | $1.1M | $305K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythoslong | +0.0100% | 8h | 193.13 | long leg | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.10 | −0.016% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0138% | 1h | 193.09 | −0.022% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0158% | 8h | 193.15 | +0.010% | $25.3M | $26.9M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0216% | 1h | 193.20 | +0.036% | $49K | $316K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.09 | −0.021% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDshort | +0.1057% | 1h | 193.22 | +0.049% | $49K | $19K | 20x |
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
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Nado SKHY-PERP
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY