Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against HTX−0.021%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.021%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKHY-USDT | 189.35 | 0 | get 0.0000% / 8h | 3h 22m | $158K | $368K | 50x |
| Short | Polymarket Perps SKHY-USD | 189.31 | 0.0050 | get 0.0006% / 1h | 22m 40s | $183K | $470K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against HTX. 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
- $10.5
- Price spread: −0.021% → −0.013%
- −$0.78
- Slippage, 4 orders
- −$16.84
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.11
- Costs to cover
- 0.368%
- Break-even
- 25.1 days
Slippage from HTX: live order book, 30 min ago; Polymarket Perps: live order book, 30 min ago.
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 HTX live order book, 30 min ago | 1.83 bp | 12.2 bp −$12 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 30 min ago | 2.87 bp | 7.3 bp −$7 | 7.4 bp −$74 | 9.7 bp −$965 | doesn't fit |
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 | −0.0722% | 4h | 190.02 | +0.355% | $573K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.269% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0026% | 1h | 189.31 | −0.021% | $158.7M | $69.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0014% | 1h | 189.41 | +0.032% | $48K | $328K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.68 | +0.176% | $246K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.28 | −0.038% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.36 | +0.005% | $199.7M | $408.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.39 | +0.021% | $15.3M | $28.7M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.36 | +0.005% | $44.9M | $73.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.37 | +0.011% | $25.4M | $19.7M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | 0.0000% | 8h | 189.52 | +0.090% | $24.3M | $29.1M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.80 | +0.238% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.69 | +0.177% | $22K | $215K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.72 | +0.195% | $694 | $6.2M | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 189.35 | long leg | $158K | $368K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.35 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.43 | +0.042% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 189.23 | −0.063% | $998K | $710K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.25 | −0.053% | $1.1M | $1.5M | 10x | as long as short |
| Nado SKHY-PERP | +0.0039% | 1h | 189.57 | +0.115% | $33K | $28K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.79 | +0.232% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.54 | +0.100% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.39 | +0.021% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USDshort | +0.0050% | 1h | 189.31 | −0.021% | $183K | $470K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.38 | +0.016% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.44 | +0.048% | $529K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.58 | +0.121% | $1.1M | $318K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.53 | +0.095% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.34 | −0.005% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.85 | +0.264% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0691% | 1h | 189.47 | +0.064% | $48K | $19K | 20x | as long as short |
HTX SKHY-USDT
Polymarket Perps SKHY-USD
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD