Funding you earn now, next payment 05:00 UTC−0.0093%/8h= −10.1% APRpaid last 24h +0.025%
Price spread now: Bybit against Polymarket Perps−0.102%47s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$260.257% of the position
Funding, last 7 days−0.330%−$33 on $10k
+Price spread, last 7 days+0.110%+$11 · spread now −0.102%, 7d avg +0.032%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.134% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.032%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHYNIX-USD | 1,395.6 | 0.0093 | pay 0.0012% / 1h | 48m 47s | $273K | $1.0M | 10x |
| Short | Bybit SKHYNIXUSDT | 1,394.2 | 0 | get 0.0000% / 8h | 3h 48m | $20.2M | $31.8M | 100x |
Polymarket Perps SKHYNIX-USD
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$19.45
- Price spread: −0.102% → +0.032%
- −$13.39
- Slippage, 4 orders
- −$6.68
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.53
- Costs to cover
- 0.257%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 1.79 bp | 5.8 bp −$6 | 7.7 bp −$77 | 9.5 bp −$950 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.04 bp | 7.7 bp −$8 | 9.3 bp −$93 | 37.4 bp −$3,738 | 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 | −0.0061% | 4h | 1,398.5 | +0.205% | $3.4M | $373K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0032% | 4h | 1,393.8 | −0.128% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,393.1 | −0.179% | $18.7M | $39.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,392.6 | −0.217% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,392.8 | −0.198% | $346.4M | $767.6M | 50x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,394.2 | −0.102% | $20.2M | $31.8M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,394.4 | −0.087% | $140.3M | $64.7M | 75x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,396.3 | +0.052% | $863 | $589K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,397.8 | +0.159% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,394.7 | −0.065% | $1.2M | $771K | 10x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Gate SKHYNIX_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SKHX-USD | +0.0050% | 1h | 1,394.6 | −0.072% | $742 | $8K | 10x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0066% | 4h | 1,399.4 | +0.273% | $101K | $203K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0087% | 1h | 1,395.3 | −0.021% | $14K | $470K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0089% | 1h | 1,392.9 | −0.193% | $308.9M | $218.0M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDlong | +0.0093% | 1h | 1,395.6 | long leg | $273K | $1.0M | 10x | |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,393.5 | −0.152% | $126K | $391K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,392.9 | −0.194% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,399.8 | +0.299% | $146K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,395.4 | −0.016% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,395.4 | −0.015% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0258% | 4h | 1,394.2 | −0.103% | $23.1M | $27.3M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0276% | 1h | 1,397.6 | +0.144% | $666 | $37K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0405% | 8h | 1,395.2 | −0.029% | $54.9M | $113.7M | 50x | as long as short |
SoDEX SKHX-USD
GRVT SKHYNIX_USDT_Perp
Bullet SKHYNIX-USD
tradeXYZ xyz:SKHX
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP