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 OKX−0.037%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days−0.087%−$9 · spread now −0.037%, 7d avg −0.078%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.041% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKHY-USDT-SWAP | 189.45 | 0 | get 0.0000% / 8h | 3h 19m | $44.9M | $73.4M | 50x |
| Short | Polymarket Perps SKHY-USD | 189.38 | 0.0050 | get 0.0006% / 1h | 19m 11s | $183K | $470K | 10x |
OKX SKHY-USDT-SWAP
Polymarket Perps SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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: −0.037% → −0.078%
- $4.11
- Slippage, 4 orders
- −$8.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$11.72
- Costs to cover
- 0.263%
- Break-even
- 14.8 days
Slippage from OKX: live order book, 5 min ago; Polymarket Perps: live order book, 33 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 OKX live order book, 5 min ago | 0.26 bp | 5.5 bp −$5 | 7.2 bp −$72 | 40.9 bp −$4,087 | doesn't fit |
| Sell Polymarket Perps live order book, 33 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 | −0.0627% | 4h | 189.69 | +0.128% | $572K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.216% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0018% | 1h | 189.41 | −0.021% | $158.7M | $69.7M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.52 | +0.037% | $245K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.41 | −0.021% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.46 | +0.005% | $199.8M | $408.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.48 | +0.016% | $15.4M | $28.8M | 100x | as long as short |
| OKX SKHY-USDT-SWAPlong | 0.0000% | 8h | 189.45 | long leg | $44.9M | $73.4M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 189.42 | −0.016% | $25.3M | $19.8M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 189.51 | +0.032% | $24.2M | $29.1M | 20x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
Gate SKHY_USDT
Bitget SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 189.71 | +0.138% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.69 | +0.125% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.76 | +0.164% | $695 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.47 | +0.011% | $48K | $328K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.40 | −0.026% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.45 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.47 | +0.011% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0024% | 1h | 189.27 | −0.095% | $998K | $717K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.36 | −0.048% | $1.0M | $1.5M | 10x | as long as short |
| Nado SKHY-PERP | +0.0033% | 1h | 189.53 | +0.043% | $33K | $28K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.56 | +0.058% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.53 | +0.042% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.51 | +0.032% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USDshort | +0.0050% | 1h | 189.38 | −0.037% | $183K | $470K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.43 | −0.011% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.62 | +0.090% | $528K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.52 | +0.037% | $1.1M | $315K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.46 | +0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.45 | 0.000% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.58 | +0.069% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0691% | 1h | 189.53 | +0.042% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Nado SKHY-PERP
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD