Funding you earn now, next payment 11:00 UTC−0.0311%/8h= −34.1% APRpaid last 24h −0.021%
Price spread now: Polymarket Perps against Orderly−0.244%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Polymarket Perps is 0.244% cheaper against Orderly than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | Orderly PERP_SKHY_USDC_mythos | 188.22 | 0.0100 | pay 0.0100% / 8h | 5h 59m | $2K | $4K | 10x |
| Short | Polymarket Perps SKHY-USD | 187.76 | −0.0211 | pay 0.0026% / 1h | 59m 27s | $182K | $352K | 10x |
Orderly PERP_SKHY_USDC_mythos
Polymarket Perps SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Orderly. 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
- −$65.35
- Price spread: −0.244% → 0.000%
- −$24.44
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$103.79
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 51 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 51 min ago | 2.42 bp | 8.5 bp −$9 | 11.9 bp −$119 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SKHY on 31 exchanges
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 | −0.0629% | 8h | 187.89 | −0.175% | $26.0M | $36.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0532% | 4h | 188.03 | −0.102% | $567K | $287K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0528% | 1h | 187.98 | −0.128% | $203K | $307K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0295% | 1h | 187.82 | −0.213% | $158.5M | $78.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0281% | 1h | 188.20 | −0.011% | $26K | $445K | 10x | as long as short |
| Polymarket Perps SKHY-USDshort | −0.0211% | 1h | 187.76 | −0.244% | $182K | $352K | 10x | |
| Nado SKHY-PERP | −0.0179% | 1h | 187.84 | −0.200% | $32K | $28K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0116% | 8h | 188.17 | −0.027% | $1.1M | $462K | 20x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 187.97 | −0.133% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.97 | −0.133% | $264K | $912K | 50x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Nado SKHY-PERP
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 188.04 | −0.095% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.90 | −0.170% | $198.3M | $472.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.87 | −0.186% | $16.3M | $34.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.81 | −0.218% | $44.5M | $85.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.99 | −0.122% | $25.3M | $21.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.03 | −0.101% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.07 | −0.079% | $22K | $246K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.50 | +0.149% | $690 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.18 | −0.021% | $156K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.20 | −0.011% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0020% | 1h | 187.84 | −0.202% | $524K | $2.5M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.18 | −0.021% | $993K | $1.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.95 | −0.143% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.97 | −0.133% | $60K | $132K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.97 | −0.133% | — | $39K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.18 | −0.021% | $42K | $12K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −1.137% | $110K | $772K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythoslong | +0.0100% | 8h | 188.22 | long leg | $2K | $4K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.16 | −0.032% | $2.2M | $461K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 188.11 | −0.058% | $211K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0748% | 1h | 188.18 | −0.019% | $51K | $36K | 20x | as long as short |
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Ondo Perps SKHY-USD.P
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Coinbase International SKHY-PERP-INTX
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD