Funding you earn now, next payment 07:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.10 per $10,000 · paid last 24h −0.080%
Price spread now: Vest against Phoenix−0.113%58s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Vest is 0.113% cheaper against Phoenix than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | Phoenix SKHY | 186.40 | 0.0129 | pay 0.0016% / 1h | 3m 34s | $209K | $123K | 10x |
| Short | Vest SKHY-USD-PERP | 186.19 | 0.0046 | get 0.0006% / 1h | 3m 34s | — | $32K | 10x |
Phoenix SKHY
Vest SKHY-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest against Phoenix. 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
- −$17.45
- Price spread: −0.113% → 0.000%
- −$11.27
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$37.72
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 28 min ago; Vest: 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 Phoenix live order book, 28 min ago | 3.21 bp | 10.7 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.1248% | 8h | 186.38 | −0.011% | $25.5M | $33.5M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0562% | 4h | 186.21 | −0.102% | $561K | $290K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.55 | +0.080% | $48K | $21K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0179% | 1h | 186.21 | −0.102% | $49K | $348K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0126% | 1h | 186.12 | −0.150% | $158.0M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0114% | 1h | 186.27 | −0.072% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.633% | $68K | $788K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0063% | 8h | 186.15 | −0.134% | $1.1M | $351K | 20x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.15 | −0.134% | $1.2M | $4.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0037% | 1h | 186.11 | −0.156% | $180K | $486K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
QFEX SKHY-USD
Polymarket Perps SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 186.26 | −0.074% | $225K | $899K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.07 | −0.174% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.12 | −0.150% | $199.6M | $453.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.11 | −0.156% | $15.9M | $30.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.10 | −0.161% | $44.4M | $80.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.09 | −0.166% | $25.5M | $21.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.18 | −0.118% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.23 | −0.093% | $22K | $239K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.45 | +0.027% | $682 | $6.0M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.07 | −0.177% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.16 | −0.129% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0008% | 1h | 186.17 | −0.123% | $204K | $287K | 20x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 186.12 | −0.150% | $972K | $1.2M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.09 | −0.166% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.14 | −0.139% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERPshort | +0.0046% | 1h | 186.19 | −0.113% | — | $32K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.17 | −0.123% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.21 | −0.102% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.21 | −0.102% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.19 | −0.113% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHYlong | +0.0129% | 1h | 186.40 | long leg | $209K | $123K | 10x |
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT