Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.020%
Price spread now: Gate against Polymarket Perps+0.026%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 7 days−0.190%−$19 · spread now +0.026%, 7d avg +0.057%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.030% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHY-USD | 188.82 | 0.0050 | pay 0.0006% / 1h | 16m 56s | $186K | $923K | 10x |
| Short | Gate SKHY_USDT | 188.87 | 0 | get 0.0000% / 8h | 1h 16m | $25.9M | $17.8M | 75x |
Polymarket Perps SKHY-USD
Gate SKHY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.5
- Price spread: +0.026% → +0.057%
- −$3.02
- Slippage, 4 orders
- −$14.1
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$50.62
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 66 min ago; Gate: live order book, 2 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, 66 min ago | 0.26 bp | 9.5 bp −$9 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.06 bp | 11.9 bp −$12 | 26.2 bp −$262 | 68.5 bp −$6,850 | 120.8 bp −$60.4K |
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 | −0.0916% | 4h | 188.98 | +0.085% | $570K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0031% | 1h | 188.97 | +0.078% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0021% | 8h | 188.82 | 0.000% | $1.1M | $314K | 20x | as long as short |
| QFEX SKHY-USD | −0.0001% | 1h | 188.90 | +0.042% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.93 | +0.059% | $250K | $902K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.86 | +0.020% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.89 | +0.037% | $211.7M | $378.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.92 | +0.053% | $15.8M | $26.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.85 | +0.016% | $46.8M | $60.8M | 50x | as long as short |
| Gate SKHY_USDTshort | 0.0000% | 8h | 188.87 | +0.026% | $25.9M | $17.8M | 75x |
edgeX SKHYUSDC
Nado SKHY-PERP
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | 0.0000% | 8h | 188.96 | +0.074% | $25.6M | $25.2M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.98 | +0.085% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.97 | +0.079% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.18 | +0.191% | $692 | $7.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.93 | +0.058% | $45K | $233K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.83 | +0.005% | $155K | $400K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.88 | +0.032% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.90 | +0.042% | $1.0M | $717K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.84 | +0.011% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.97 | +0.079% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.92 | +0.053% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.91 | +0.048% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 188.86 | +0.021% | $164.6M | $64.9M | 10x | as long as short |
| Polymarket Perps SKHY-USDlong | +0.0050% | 1h | 188.82 | long leg | $186K | $923K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.87 | +0.026% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.03 | +0.111% | $543K | $989K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.97 | +0.079% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.90 | +0.042% | $2.2M | $431K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0240% | 1h | 188.78 | −0.021% | $168K | $685K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 189.20 | +0.201% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0871% | 1h | 189.02 | +0.106% | $50K | $24K | 20x | as long as short |
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD