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Funding arb · Price arb /

SKHY

RWAall SKHY markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: HTX against Polymarket Perps−0.062%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$320.323% of the position
Long on Polymarket PerpsShort on HTX
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)−0.273%−$27 · spread now −0.062%, 7d avg +0.014%
Together, before fees−0.304%−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.076% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SKHY-USD193.170.0050pay 0.0006% / 1h1m 43s$189K$456K10x
ShortHTX SKHY-USDT193.050get 0.0000% / 8h5h 01m$161K$368K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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 it
latest
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: −0.062% → +0.014%
−$7.65
Slippage, 4 orders
−$12.33
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$50.48
Costs to cover
0.323%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 61 min ago; HTX: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 61 min ago2.85 bp7.8 bp −$87.9 bp −$7910.5 bp −$1,047doesn't fit
Sell HTX live order book, 61 min ago2.85 bp8.9 bp −$910.8 bp −$108doesn't fitdoesn't fit

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0876%4h193.20+0.016%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.140%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.27+0.054%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.27+0.051%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.32+0.078%$205.2M$393.4M50xas long as short
Bybit SKHYUSDT0.0000%8h193.36+0.098%$15.8M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.28+0.057%$46.7M$70.1M50xas long as short
Gate SKHY_USDT0.0000%8h193.26+0.047%$25.8M$19.2M75xas long as short
Variational Omni SKHY0.0000%8h193.16−0.007%$1.6M$1.2M—as long as short
GRVT SKHY_USDT_Perp0.0000%8h193.20+0.017%$23K$199K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.55+0.197%$708$6.3M10xas long as short
HTX SKHY-USDTshort0.0000%8h193.05−0.062%$161K$368K50x
Phemex SKHYUSDT0.0000%8h193.27+0.052%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.20+0.016%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h193.18+0.005%$1.0M$696K10xas long as short
Lighter RH SKHY+0.0032%1h193.170.000%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.170.000%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.21+0.021%—$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.28+0.057%$201K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.22+0.026%$161.6M$67.6M10xas long as short
Polymarket Perps SKHY-USDlong+0.0050%1h193.17long leg$189K$456K10x
SoDEX SKHY-USD+0.0050%1h193.21+0.021%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.16−0.005%$575K$2.3M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.25+0.041%$1.1M$297K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.28+0.057%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.170.000%$2.3M$438K50xas long as short
Nado SKHY-PERP+0.0170%1h193.22+0.025%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0197%8h193.31+0.072%$25.4M$26.9M20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0216%1h193.27+0.052%$49K$306K10xas long as short
Phoenix SKHY+0.0332%1h193.38+0.109%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0545%1h193.34+0.090%$51K$17K20xas long as short