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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.008%
Price spread now: Polymarket Perps against KuCoin−0.021%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.745% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.078%+$8 on $10k
Price spread, last 7 days−0.110%−$11 · spread now −0.021%, 7d avg −0.059%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.038% dearer against KuCoin than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.059%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKHYUSDTM193.070.0100pay 0.0100% / 8h4h 36m$1.1M$304K20x
ShortPolymarket Perps SKHY-USD193.030.0050get 0.0006% / 1h36m 40s$189K$456K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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
−$10.5
Price spread: −0.021% → −0.059%
$3.84
Slippage, 4 orders
−$54.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$81.16
Costs to cover
0.745%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Polymarket Perps: live order book, 21 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 KuCoin live order book, 3 min ago2.59 bp29.0 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 21 min ago3.37 bp7.4 bp −$77.4 bp −$7410.9 bp −$1,092doesn'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−0.0048%4h192.97−0.054%$582K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.119%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.11+0.020%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.10+0.016%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.13+0.031%$204.4M$392.7M50xas long as short
Bybit SKHYUSDT0.0000%8h193.12+0.026%$15.7M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.11+0.021%$46.6M$69.9M50xas long as short
Gate SKHY_USDT0.0000%8h193.08+0.005%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h193.09+0.010%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.09+0.010%$22K$201K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.42+0.181%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.08+0.005%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h193.15+0.041%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.09+0.010%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h193.00−0.036%$1.0M$686K10xas long as short
Lighter RH SKHY+0.0032%1h192.99−0.041%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.00−0.036%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.070.000%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.16+0.047%$201K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0049%1h193.03−0.021%$161.5M$67.7M10xas long as short
Polymarket Perps SKHY-USDshort+0.0050%1h193.03−0.021%$189K$456K10x
SoDEX SKHY-USD+0.0050%1h193.08+0.005%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.03−0.021%$573K$2.3M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0061%1h193.15+0.041%$49K$316K10xas long as short
KuCoin SKHYUSDTMlong+0.0100%8h193.07long leg$1.1M$304K20x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.13+0.031%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.13+0.031%$2.2M$437K50xas long as short
Nado SKHY-PERP+0.0138%1h193.07−0.001%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0159%8h193.13+0.031%$25.3M$26.9M20xas long as short
Phoenix SKHY+0.0372%1h193.09+0.010%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1057%1h193.23+0.084%$50K$18K20xas long as short