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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYUSDTM | 193.07 | 0.0100 | pay 0.0100% / 8h | 4h 36m | $1.1M | $304K | 20x |
| Short | Polymarket Perps SKHY-USD | 193.03 | 0.0050 | get 0.0006% / 1h | 36m 40s | $189K | $456K | 10x |
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 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% → −0.059%
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 3 min ago | 2.59 bp | 29.0 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 21 min ago | 3.37 bp | 7.4 bp −$7 | 7.4 bp −$74 | 10.9 bp −$1,092 | 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 | −0.0048% | 4h | 192.97 | −0.054% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.119% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.11 | +0.020% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.10 | +0.016% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.13 | +0.031% | $204.4M | $392.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.12 | +0.026% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.11 | +0.021% | $46.6M | $69.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.08 | +0.005% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.09 | +0.010% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.09 | +0.010% | $22K | $201K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.42 | +0.181% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.08 | +0.005% | $161K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.15 | +0.041% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.09 | +0.010% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.00 | −0.036% | $1.0M | $686K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.99 | −0.041% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.00 | −0.036% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.07 | 0.000% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.16 | +0.047% | $201K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0049% | 1h | 193.03 | −0.021% | $161.5M | $67.7M | 10x | as long as short |
| Polymarket Perps SKHY-USDshort | +0.0050% | 1h | 193.03 | −0.021% | $189K | $456K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.08 | +0.005% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.03 | −0.021% | $573K | $2.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 193.15 | +0.041% | $49K | $316K | 10x | as long as short |
| KuCoin SKHYUSDTMlong | +0.0100% | 8h | 193.07 | long leg | $1.1M | $304K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.13 | +0.031% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.13 | +0.031% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0138% | 1h | 193.07 | −0.001% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0159% | 8h | 193.13 | +0.031% | $25.3M | $26.9M | 20x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.09 | +0.010% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1057% | 1h | 193.23 | +0.084% | $50K | $18K | 20x | as long as short |
KuCoin SKHYUSDTM
Polymarket Perps SKHY-USD
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_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD