Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.02 per $10,000 · paid last 24h +0.033%
Price spread now: Polymarket Perps against Nado−0.220%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
=Funding pays, the price is against you. Polymarket Perps is 0.220% cheaper against Nado than usual: you would sell low and buy high (spread −0.220% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 2 months of funding at the current rate ($0 a day). 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 | Nado SKHY-PERP | 186.66 | −0.0224 | get 0.0028% / 1h | 49m 31s | $33K | $28K | 10x |
| Short | Polymarket Perps SKHY-USD | 186.25 | −0.0212 | pay 0.0027% / 1h | 49m 31s | $180K | $487K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Nado. 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
- $2.53
- Price spread: −0.220% → 0.000%
- −$21.99
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.45
- Costs to cover
- 0.150%
- Break-even
- 102.2 days
Slippage unknown: Nado: no order-book sample; Polymarket Perps: live order book, 53 min ago. 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 Nado no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 53 min ago | 2.41 bp | 6.9 bp −$7 | 7.4 bp −$74 | 10.7 bp −$1,073 | doesn't fit |
Nado: 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 | −0.1372% | 8h | 186.67 | +0.005% | $25.4M | $32.9M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0629% | 4h | 186.27 | −0.207% | $562K | $291K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0299% | 1h | 186.56 | −0.054% | $158.6M | $76.9M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0286% | 1h | 186.53 | −0.070% | $49K | $346K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0280% | 1h | 186.55 | −0.059% | $205K | $287K | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.51 | −0.079% | $48K | $21K | 20x | as long as short |
| Nado SKHY-PERPlong | −0.0224% | 1h | 186.66 | long leg | $33K | $28K | 10x | |
| Polymarket Perps SKHY-USDshort | −0.0212% | 1h | 186.25 | −0.220% | $180K | $487K | 10x | |
| Lighter SKHY | −0.0096% | 1h | 186.54 | −0.065% | $976K | $1.2M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.493% | $68K | $905K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0061% | 1h | 186.51 | −0.081% | $1.2M | $4.3M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0026% | 1h | 186.24 | −0.225% | $520K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0016% | 8h | 186.50 | −0.086% | $1.1M | $326K | 20x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.68 | +0.010% | $224K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.51 | −0.083% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.56 | −0.054% | $200.5M | $450.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.58 | −0.043% | $16.7M | $29.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.57 | −0.048% | $44.5M | $79.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.52 | −0.075% | $25.5M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.25 | −0.221% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.21 | −0.243% | $22K | $232K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.69 | +0.016% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.42 | −0.129% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.53 | −0.070% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.48 | −0.097% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.30 | −0.193% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.40 | −0.140% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.35 | −0.166% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.46 | −0.107% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.32 | −0.182% | $2.2M | $423K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.38 | −0.150% | $209K | $123K | 10x | as long as short |
Polymarket Perps SKHY-USD
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Popdex SKHYUSDT
Kraken Futures PF_SKHYUSD
Lighter SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
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 RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY