Funding you earn now, next payment 08:00 UTC+0.0261%/8h= +28.5% APRpaid last 24h +0.026%
Price spread now: BloFin against Polymarket Perps+0.070%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.070%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.023% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHY-USD | 186.48 | −0.0141 | get 0.0018% / 1h | 35m 10s | $180K | $487K | 10x |
| Short | BloFin SKHY-USDT | 186.61 | 0.0120 | get 0.0120% / 8h | 35m 10s | $2.2M | $426K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Polymarket Perps. 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
- $54.73
- Price spread: +0.070% → +0.047%
- $2.32
- Slippage, 4 orders
- −$6.68
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $30.37
- Costs to cover
- 0.267%
- Break-even
- 3.1 days
Slippage from Polymarket Perps: live order book, 2 min ago; BloFin: live order book, 3 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 Polymarket Perps live order book, 2 min ago | 2.14 bp | 6.1 bp −$6 | 7.4 bp −$74 | 10.4 bp −$1,045 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.07 bp | 7.1 bp −$7 | 9.2 bp −$92 | 20.9 bp −$2,085 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1281% | 8h | 186.85 | +0.198% | $25.4M | $33.1M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0749% | 4h | 186.53 | +0.029% | $562K | $291K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.65 | +0.089% | $48K | $21K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0232% | 1h | 186.62 | +0.075% | $49K | $347K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0231% | 1h | 186.64 | +0.086% | $158.5M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0185% | 1h | 186.74 | +0.141% | $33K | $28K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0152% | 1h | 186.57 | +0.048% | $204K | $289K | 20x | as long as short |
| Polymarket Perps SKHY-USDlong | −0.0141% | 1h | 186.48 | long leg | $180K | $487K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.590% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.57 | +0.048% | $1.2M | $4.3M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKHYUSDTM | −0.0034% | 8h | 186.55 | +0.038% | $1.1M | $328K | 20x | as long as short |
| Lighter SKHY | −0.0024% | 1h | 186.56 | +0.043% | $975K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.72 | +0.129% | $223K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.54 | +0.034% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.64 | +0.086% | $200.7M | $450.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.61 | +0.070% | $16.7M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.65 | +0.091% | $44.7M | $79.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.64 | +0.086% | $25.6M | $21.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.58 | +0.053% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.65 | +0.091% | $22K | $233K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.87 | +0.209% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.56 | +0.043% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.62 | +0.075% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0015% | 1h | 186.41 | −0.038% | $521K | $2.6M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.59 | +0.059% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.59 | +0.059% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.60 | +0.064% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.61 | +0.070% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.57 | +0.048% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 186.61 | +0.070% | $2.2M | $426K | 50x | |
| Phoenix SKHY | +0.0129% | 1h | 186.78 | +0.161% | $209K | $123K | 10x | as long as short |
Polymarket Perps SKHY-USD
BloFin SKHY-USDT
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Lighter SKHY
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
Phoenix SKHY