Funding you earn now, next payment 05:00 UTC−0.0334%/8h= −36.6% APRpaid last 24h −0.074%
Price spread now: Polymarket Perps against OKX+0.181%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days−0.185%−$19 · spread now +0.181%, 7d avg −0.033%
=The price spread pays, funding is against you. Polymarket Perps is 0.214% dearer against OKX than usual: you sell high and buy low (spread +0.181% now, against its 7-day average of −0.033%): +$21 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.068%, 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 0.068% in total (about 3.5% 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 | OKX SKHYNIX-USDT-SWAP | 1,381.5 | 0.0384 | pay 0.0384% / 8h | 3h 18m | $54.0M | $114.9M | 50x |
| Short | Polymarket Perps SKHYNIX-USD | 1,384 | 0.0050 | get 0.0006% / 1h | 18m 46s | $267K | $997K | 10x |
OKX SKHYNIX-USDT-SWAP
Polymarket Perps SKHYNIX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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
- −$70.19
- Price spread: +0.181% → −0.033%
- $21.44
- Slippage, 4 orders
- −$8.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$74.98
- Costs to cover
- 0.262%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Polymarket Perps: live order book, 14 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 OKX live order book, 5 min ago | 0.36 bp | 5.7 bp −$6 | 7.5 bp −$75 | 19.5 bp −$1,951 | doesn't fit |
| Sell Polymarket Perps live order book, 14 min ago | 2.88 bp | 6.9 bp −$7 | 6.9 bp −$69 | 9.9 bp −$994 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYNIXUSDC | −0.0063% | 4h | 1,386 | +0.327% | $3.4M | $391K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,382.6 | +0.080% | $18.7M | $38.6M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,381.6 | +0.006% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,381.5 | −0.002% | $342.7M | $794.1M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,382.3 | +0.057% | $20.1M | $31.6M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,382.3 | +0.059% | $140.9M | $70.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,386 | +0.327% | $100K | $207K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,383.8 | +0.164% | $1K | $579K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,384.6 | +0.227% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,384 | +0.182% | $1.2M | $774K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SKHYNIX-USD | +0.0016% | 1h | 1,383.7 | +0.161% | $14K | $468K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0049% | 4h | 1,384 | +0.181% | $2.6M | $4.1M | 50x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,380.7 | −0.058% | $301.4M | $229.4M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDshort | +0.0050% | 1h | 1,384 | +0.181% | $267K | $997K | 10x | |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,383.7 | +0.156% | $736 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,383.3 | +0.133% | $108K | $408K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,381.9 | +0.025% | $5.1M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,386.7 | +0.379% | $145K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,383.2 | +0.124% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,384.2 | +0.192% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0169% | 1h | 1,384.7 | +0.229% | $660 | $37K | 5x | as long as short |
| Bitget SKHYNIXUSDT | +0.0182% | 4h | 1,381.6 | +0.007% | $22.7M | $28.1M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0384% | 8h | 1,381.5 | long leg | $54.0M | $114.9M | 50x |
Bullet SKHYNIX-USD
BloFin SKHYNIX-USDT
tradeXYZ xyz:SKHX
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT