Funding you earn now, next payment 01:00 UTC+0.0195%/8h= +21.3% APRpaid last 24h +0.087%
Price spread now: BloFin against Polymarket Perps−0.031%45s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as 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−$260.260% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.031%, 7d avg +0.010%
=Funding pays, the price is against you. BloFin is 0.041% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.010%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour. The two prices were read 45 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 -0.075% in total (about -3.9% 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 | Polymarket Perps SKHYNIX-USD | 1,413.2 | 0.0050 | pay 0.0006% / 1h | 2m 05s | $294K | $927K | 10x |
| Short | BloFin SKHYNIX-USDT | 1,412.8 | 0.0245 | get 0.0122% / 4h | 3h 02m | $2.6M | $4.2M | 50x |
Polymarket Perps SKHYNIX-USD
BloFin SKHYNIX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $40.93
- Price spread: −0.031% → +0.010%
- −$4.12
- Slippage, 4 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $10.81
- Costs to cover
- 0.260%
- Break-even
- 5.2 days
Slippage from Polymarket Perps: live order book, 41 min ago; BloFin: live order book, 6 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 Polymarket Perps live order book, 41 min ago | 1.77 bp | 5.8 bp −$6 | 6.9 bp −$69 | 9.2 bp −$922 | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.14 bp | 6.1 bp −$6 | 6.8 bp −$68 | 13.1 bp −$1,313 | 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 | −0.0257% | 4h | 1,413.9 | +0.046% | $3.5M | $434K | 10x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,413.2 | +0.002% | $20.6M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,413.2 | 0.000% | $143.2M | $65.3M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,415 | +0.125% | $103K | $198K | 10x | as long as short |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,412.8 | −0.028% | $15K | $467K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,414.2 | +0.067% | $931 | $714K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,413.1 | −0.004% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,412.3 | −0.062% | $1.2M | $769K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDlong | +0.0050% | 1h | 1,413.2 | long leg | $294K | $927K | 10x | |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,412.3 | −0.067% | $751 | $8K | 10x | as long as short |
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
Bullet SKHYNIX-USD
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHX | +0.0082% | 1h | 1,411.7 | −0.106% | $330.6M | $191.7M | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,412.1 | −0.077% | $5.2M | $8.2M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,415.4 | +0.156% | $148K | $262K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,412.5 | −0.051% | $5K | $798 | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0103% | 4h | 1,413 | −0.013% | $18.9M | $42.0M | 20x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,413.2 | 0.000% | $33K | — | 10x | as long as short |
| Extended SKHYNIX-USD | +0.0224% | 1h | 1,412.6 | −0.045% | $2.4M | $182K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0225% | 4h | 1,412.7 | −0.039% | $354.1M | $739.9M | 50x | as long as short |
| BloFin SKHYNIX-USDTshort | +0.0245% | 4h | 1,412.8 | −0.031% | $2.6M | $4.2M | 50x | |
| Bitget SKHYNIXUSDT | +0.0256% | 4h | 1,412.9 | −0.022% | $24.1M | $25.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0274% | 8h | 1,413 | −0.014% | $54.5M | $110.8M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0467% | 1h | 1,412.7 | −0.035% | $135K | $385K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.2122% | 1h | 1,413.4 | +0.014% | $704 | $38K | 5x | as long as short |
tradeXYZ xyz:SKHX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aster SKHYNIXUSD1
Aevo SKHX-PERP
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD