SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.1117%/8h= −122.3% APRnext payment −$1.40 per $10,000 · paid last 24h +0.002%

Price spread now: Ondo Perps against Polymarket Perps+0.005%7-day average −0.010% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.005%, 7d avg −0.010%

Together, before fees−0.151%+ Points / potential airdropOndo Perps: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SKHY-USD	192.43	0.1167	pay 0.0146% / 1h	52m 51s	$193K	$395K	10x
Short	Ondo Perps SKHY-USD.P	192.44	0.0050	get 0.0006% / 1h	52m 51s	$577K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Ondo PerpsbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$234.49
Price spread: +0.005% → −0.010%: $1.48
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$246.01
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 20 min ago; Ondo Perps: no order-book sample. 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 Polymarket Perps live order book, 20 min ago	2.64 bp	6.6 bp −$7	8.9 bp −$89	12.1 bp −$1,213	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
edgeX SKHYUSDC	−0.0531%	4h	191.41	−0.528%	$577K	$289K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0114%	1h	192.39	−0.021%	$46K	$259K	10x	as long as short
Nado SKHY-PERP	−0.0103%	1h	192.47	+0.021%	$29K	$2K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.26	−0.089%	$255K	$905K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.27	−0.084%	$56K	$6K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.38	−0.027%	$213.3M	$383.4M	50x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.39	−0.021%	$47.7M	$63.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.39	−0.021%	$26.4M	$17.3M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	192.37	−0.031%	$25.5M	$26.3M	20x	as long as short
Variational Omni SKHY	0.0000%	8h	191.76	−0.349%	$1.6M	$2.4M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	192.69	+0.135%	$705	$7.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.39	−0.021%	$159K	$393K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.34	−0.047%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0005%	1h	192.40	−0.016%	$1.2M	$5.3M	10x	as long as short
KuCoin SKHYUSDTM	+0.0030%	8h	192.28	−0.078%	$1.1M	$272K	20x	as long as short
Lighter SKHY	+0.0032%	1h	192.37	−0.031%	$1.0M	$613K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.35	−0.042%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	191.96	−0.244%	$57K	$154K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.47	+0.021%	—	$13K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.35	−0.042%	$196K	$257K	20x	as long as short
Ondo Perps SKHY-USD.Pshort	+0.0050%	1h	192.44	+0.005%	$577K	$1.4M	10x
Bybit SKHYUSDT	+0.0056%	8h	192.49	+0.031%	$15.7M	$27.3M	100x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0088%	1h	190.51	−0.998%	$171K	$682K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.40	−0.016%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	192.41	−0.010%	$2.2M	$428K	50x	as long as short
GRVT SKHY_USDT_Perp	+0.0176%	8h	191.64	−0.412%	$23K	$202K	10x	as long as short
Phoenix SKHY	+0.0335%	1h	191.61	−0.426%	$216K	$120K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0711%	1h	192.52	+0.046%	$51K	$25K	20x	as long as short
tradeXYZ xyz:SKHY	+0.1146%	1h	192.41	−0.010%	$166.4M	$64.1M	10x	as long as short
Polymarket Perps SKHY-USDlong	+0.1167%	1h	192.43	long leg	$193K	$395K	10x
SoDEX SKHY-USD	+0.1485%	1h	192.39	−0.021%	$43K	$13K	10x	as long as short