SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%

Price spread now: Polymarket Perps against tradeXYZ−0.074%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on tradeXYZ Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.075%+$8 on $10k

Price spread, last 7 days−0.037%−$4 · spread now −0.074%, 7d avg −0.039%

Together, before fees+0.038%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.035% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.039%). If the spread goes back, that is −$3 on $10k: about 3.8 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SKHY	188.87	−0.0003	get 0.0000% / 1h	45m 39s	$158.4M	$70.6M	10x
Short	Polymarket Perps SKHY-USD	188.73	0.0027	get 0.0003% / 1h	45m 39s	$190K	$480K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against tradeXYZ. 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

Position, each leg$Hold fordaysFee tradeXYZbpFee Polymarket PerpsbpOrdersPrice spread, now −0.074%Rate

Funding earned: $6.4
Price spread: −0.074% → −0.039%: −$3.49
Slippage, 4 orders: −$7.21
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$30.3
Costs to cover: 0.332%
Break-even: 40.2 days

Slippage from tradeXYZ: live order book, 4 min ago; Polymarket Perps: 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 tradeXYZ live order book, 4 min ago	0.26 bp	9.7 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.12 bp	6.2 bp −$6	6.6 bp −$66	11.0 bp −$1,101	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	−0.0700%	4h	188.57	−0.158%	$568K	$292K	10x	as long as short
Bitget SKHYUSDT	−0.0534%	8h	189.01	+0.074%	$24.4M	$29.7M	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0068%	1h	188.83	−0.021%	$48K	$334K	10x	as long as short
Nado SKHY-PERP	−0.0056%	1h	188.93	+0.032%	$33K	$28K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	188.72	−0.079%	$46K	$882K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	188.88	+0.005%	$1.2M	$4.1M	10x	as long as short
Lighter SKHY	−0.0008%	1h	188.81	−0.032%	$1.0M	$741K	10x	as long as short
tradeXYZ xyz:SKHYlong	−0.0003%	1h	188.87	long leg	$158.4M	$70.6M	10x
Aster SKHYUSDT	0.0000%	8h	188.94	+0.039%	$243K	$897K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	188.87	+0.001%	$55K	$7K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SKHYUSDT	0.0000%	8h	188.88	+0.007%	$200.0M	$416.2M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	188.95	+0.042%	$15.5M	$29.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.91	+0.021%	$45.0M	$74.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	188.89	+0.011%	$25.2M	$20.1M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	188.80	−0.036%	$1.6M	$986K	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	188.82	−0.026%	$22K	$218K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	189.16	+0.154%	$692	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	188.78	−0.048%	$156K	$368K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	188.79	−0.042%	$1.5M	$1.1M	10x	as long as short
Polymarket Perps SKHY-USDshort	+0.0027%	1h	188.73	−0.074%	$190K	$480K	10x
Lighter RH SKHY	+0.0032%	1h	188.81	−0.032%	$1.0M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	188.82	−0.026%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.84	−0.016%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	188.94	+0.037%	$199K	$259K	20x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	188.77	−0.053%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	188.57	−0.159%	$525K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	188.85	−0.011%	$1.1M	$315K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	188.80	−0.037%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	188.62	−0.132%	$2.2M	$440K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	189.30	+0.228%	$212K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0259%	1h	188.79	−0.041%	$48K	$19K	20x	as long as short