Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Variational Omni against Polymarket Perps+0.032%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now +0.032%, 7d avg +0.087%
=Together, before fees+0.089%+ Points / potential airdropVariational Omni: Active · farm board+$9 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 Variational Omni is 0.056% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.087%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHY-USD | 189.74 | 0.0050 | pay 0.0006% / 1h | 25m 10s | $183K | $470K | 10x |
| Short | Variational Omni SKHY | 189.80 | 0 | get 0.0000% / 8h | 3h 25m | $1.6M | $1.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.032% → +0.087%
- −$5.56
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.06
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 27 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 27 min ago | 2.87 bp | 6.9 bp −$7 | 8.5 bp −$85 | 11.0 bp −$1,096 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.23 bp | doesn't fit | 4.7 bp −$47 | doesn't fit | 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 | −0.0722% | 4h | 190.02 | +0.149% | $573K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.063% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0026% | 1h | 189.78 | +0.021% | $159.1M | $69.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.98 | +0.125% | $246K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.77 | +0.014% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.83 | +0.047% | $200.1M | $407.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.84 | +0.053% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.83 | +0.047% | $45.1M | $73.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.82 | +0.042% | $25.5M | $19.6M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 189.88 | +0.074% | $24.4M | $28.7M | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHYshort | 0.0000% | 8h | 189.80 | +0.032% | $1.6M | $1.1M | — | |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.15 | +0.218% | $22K | $214K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.13 | +0.206% | $696 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.78 | +0.021% | $48K | $328K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.78 | +0.021% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.83 | +0.047% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.83 | +0.047% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 189.72 | −0.011% | $1.0M | $705K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.74 | 0.000% | $1.1M | $1.4M | 10x | as long as short |
| Nado SKHY-PERP | +0.0040% | 1h | 189.86 | +0.065% | $33K | $28K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.99 | +0.132% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.87 | +0.069% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.82 | +0.042% | $200K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USDlong | +0.0050% | 1h | 189.74 | long leg | $183K | $470K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.82 | +0.042% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.17 | +0.227% | $529K | $2.7M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.95 | +0.111% | $1.1M | $318K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.83 | +0.047% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.83 | +0.047% | $2.2M | $437K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.40 | +0.348% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0690% | 1h | 189.83 | +0.047% | $48K | $19K | 20x | as long as short |
Polymarket Perps SKHY-USD
Variational Omni SKHY
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD