Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.012%
Price spread now: Polymarket Perps against Gate+0.057%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 7 days−0.180%−$18 · spread now +0.057%, 7d avg −0.056%
Together, before fees−0.149%−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.114% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKHY_USDT192.190get 0.0000% / 8h7h 33m$26.0M$17.9M75x
ShortPolymarket Perps SKHY-USD192.300.0076get 0.0009% / 1h33m 42s$189K$454K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$15.86
Price spread: +0.057% → −0.056%
$11.36
Slippage, 4 orders
−$15.91
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$11.69
Costs to cover
0.389%
Break-even
12.2 days
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago1.56 bp12.0 bp −$1221.9 bp −$21929.4 bp −$2,93554.9 bp −$27.4K
Sell Polymarket Perps live order book, 39 min ago2.64 bp7.2 bp −$77.2 bp −$729.7 bp −$971doesn't fit

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0292%4h192.95+0.394%$582K$289K10xas long as short
Nado SKHY-PERP−0.0015%1h192.32+0.070%$29K$2K10xas long as short
Aster SKHYUSDT0.0000%8h192.19+0.003%$247K$921K50xas long as short
Extended SKHY-USD0.0000%1h192.19−0.002%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h192.25+0.031%$212.0M$382.3M50xas long as short
Bybit SKHYUSDT0.0000%8h192.29+0.052%$15.6M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.32+0.068%$46.9M$66.8M50xas long as short
Gate SKHY_USDTlong0.0000%8h192.19long leg$26.0M$17.9M75x
Variational Omni SKHY0.0000%8h192.66+0.242%$1.6M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h192.74+0.286%$705$6.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SKHY-USDT0.0000%8h192.32+0.068%$160K$385K50xas long as short
Phemex SKHYUSDT0.0000%8h192.31+0.062%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h192.33+0.073%$1.2M$5.1M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0010%1h192.48+0.151%$47K$265K10xas long as short
Lighter SKHY+0.0032%1h192.16−0.016%$1.0M$653K10xas long as short
Lighter RH SKHY+0.0032%1h192.08−0.057%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.66+0.245%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.39+0.104%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.36+0.088%$196K$257K20xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.27+0.042%$567K$1.7M10xas long as short
Polymarket Perps SKHY-USDshort+0.0076%1h192.30+0.057%$189K$454K10x
KuCoin SKHYUSDTM+0.0083%8h192.35+0.083%$1.1M$275K20xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h192.98+0.411%$125K$768K10xas long as short
Bitget SKHYUSDT+0.0092%8h192.23+0.021%$25.5M$26.4M20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.47+0.146%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h192.42+0.120%$2.2M$425K50xas long as short
tradeXYZ xyz:SKHY+0.0159%1h192.12−0.036%$165.3M$63.5M10xas long as short
SoDEX SKHY-USD+0.0185%1h192.42+0.120%$43K$13K10xas long as short
Phoenix SKHY+0.0335%1h192.93+0.385%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0552%8h192.95+0.396%$22K$197K10xas long as short
Kraken Futures PF_SKHYUSD+0.0711%1h192.48+0.150%$51K$25K20xas long as short