Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against Bybit−0.063%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now −0.063%, 7d avg −0.081%
=The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYUSDT | 189.02 | 0 | get 0.0000% / 8h | 3h 04m | $15.4M | $29.1M | 100x |
| Short | Polymarket Perps SKHY-USD | 188.90 | 0.0050 | get 0.0006% / 1h | 4m 05s | $182K | $472K | 10x |
Bybit SKHYUSDT
Polymarket Perps SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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
- $10.5
- Price spread: −0.063% → −0.081%
- $1.75
- Slippage, 4 orders
- −$11.01
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$17.75
- Costs to cover
- 0.300%
- Break-even
- 18.8 days
Slippage from Bybit: live order book, 5 min ago; Polymarket Perps: live order book, 48 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 Bybit live order book, 5 min ago | 0.53 bp | 7.2 bp −$7 | 11.1 bp −$111 | 71.9 bp −$7,193 | doesn't fit |
| Sell Polymarket Perps live order book, 48 min ago | 2.87 bp | 7.3 bp −$7 | 7.4 bp −$74 | 9.7 bp −$965 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.0337% | 8h | 189.02 | 0.000% | $24.3M | $29.4M | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.444% | $36K | $876K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0055% | 4h | 188.56 | −0.243% | $568K | $290K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0015% | 1h | 189.02 | 0.000% | $158.6M | $70.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.11 | +0.049% | $244K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.01 | −0.003% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.07 | +0.028% | $199.5M | $412.4M | 50x | as long as short |
| Bybit SKHYUSDTlong | 0.0000% | 8h | 189.02 | long leg | $15.4M | $29.1M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.97 | −0.026% | $44.8M | $73.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.02 | 0.000% | $25.3M | $19.9M | 75x | as long as short |
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 188.92 | −0.052% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.81 | −0.109% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.24 | +0.116% | $693 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.06 | +0.021% | $48K | $330K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.99 | −0.016% | $157K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.08 | +0.032% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 188.99 | −0.016% | $996K | $747K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.94 | −0.042% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0013% | 1h | 188.92 | −0.053% | $33K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.96 | −0.032% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.81 | −0.111% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.95 | −0.037% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.96 | −0.032% | $199K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USDshort | +0.0050% | 1h | 188.90 | −0.063% | $182K | $472K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.92 | −0.053% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.78 | −0.127% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.97 | −0.026% | $1.1M | $311K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.06 | +0.021% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.87 | −0.079% | $2.2M | $438K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.01 | −0.005% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0693% | 1h | 189.07 | +0.028% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD