Funding you earn now, next payment 09:00 UTC+0.0540%/8h= +59.1% APRpaid last 24h −0.036%
Price spread now: Polymarket Perps against KuCoin+0.075%49s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now +0.075%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Polymarket Perps is 0.088% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.7% a year). A funding rate is set anew for every payment. 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 | KuCoin SKHYNIXUSDTM | 1,336.5 | −0.0490 | get 0.0245% / 4h | 3h 36m | $5.1M | $8.3M | 20x |
| Short | Polymarket Perps SKHYNIX-USD | 1,337.5 | 0.0050 | get 0.0006% / 1h | 36m 41s | $250K | $974K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- $113.4
- Price spread: +0.075% → −0.013%
- $8.8
- Slippage, 4 orders
- −$18.95
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $83.25
- Costs to cover
- 0.389%
- Break-even
- 1.9 days
Slippage from KuCoin: live order book, 1 min ago; Polymarket Perps: live order book, 41 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 KuCoin live order book, 1 min ago | 0.93 bp | 14.2 bp −$14 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 41 min ago | 1.48 bp | 5.5 bp −$5 | 5.5 bp −$55 | 8.8 bp −$882 | doesn't fit |
SKHYNIX on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4064% | 4h | 1,337.1 | +0.044% | $97K | $226K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3035% | 4h | 1,338.3 | +0.135% | $1.2M | $2.6M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1177% | 1h | 1,336.8 | +0.020% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0836% | 4h | 1,337.1 | +0.041% | $943 | $450K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0652% | 4h | 1,336.1 | −0.029% | $3.3M | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | −0.0490% | 4h | 1,336.5 | long leg | $5.1M | $8.3M | 20x | |
| Binance SKHYNIXUSDT | −0.0410% | 4h | 1,337.5 | +0.072% | $324.9M | $973.7M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0400% | 1h | 1,337.6 | +0.085% | $2.3M | $85K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0387% | 4h | 1,337.8 | +0.097% | $2.5M | $4.0M | 50x | as long as short |
| Bybit SKHYNIXUSDT | −0.0368% | 8h | 1,337.1 | +0.043% | $18.7M | $30.6M | 100x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0210% | 4h | 1,342.2 | +0.428% | $18.2M | $26.5M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0168% | 1h | 1,337.9 | +0.107% | $728 | $35K | 5x | as long as short |
| Bitget SKHYNIXUSDT | −0.0100% | 4h | 1,337.7 | +0.088% | $21.4M | $35.8M | 20x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,337.7 | +0.091% | $138.6M | $75.1M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,340.4 | +0.290% | $1.2M | $780K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDshort | +0.0050% | 1h | 1,337.5 | +0.075% | $250K | $974K | 10x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,337.9 | +0.105% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,338.4 | +0.140% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,336.6 | +0.011% | $101K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0367% | 8h | 1,336.1 | −0.030% | $51.8M | $130.1M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0475% | 1h | 1,337.8 | +0.098% | $391 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0762% | 1h | 1,335.4 | −0.082% | $296.6M | $276.4M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1017% | 1h | 1,338.5 | +0.150% | $14K | $466K | 10x | as long as short |
KuCoin SKHYNIXUSDTM
Polymarket Perps SKHYNIX-USD
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
BloFin SKHYNIX-USDT
Bybit SKHYNIXUSDT
Aster SKHYNIXUSD1
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD