Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.012%
Price spread now: Gate against Polymarket Perps+0.010%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$380.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 7 days+0.112%+$11 · spread now +0.010%, 7d avg +0.056%
Together, before fees+0.082%+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.046% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.056%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SKHY-USD193.080.0050pay 0.0006% / 1h23m 49s$190K$454K10x
ShortGate SKHY_USDT193.100get 0.0000% / 8h7h 23m$25.9M$18.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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 it
latest
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: +0.010% → +0.056%
−$4.6
Slippage, 4 orders
−$15.23
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$53.33
Costs to cover
0.382%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 49 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 49 min ago2.64 bp6.6 bp −$78.9 bp −$8912.1 bp −$1,213doesn't fit
Sell Gate live order book, 5 min ago1.04 bp12.9 bp −$1326.9 bp −$26970.8 bp −$7,078124.8 bp −$62.4K

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0214%4h193.23+0.079%$583K$289K10xas long as short
Nado SKHY-PERP−0.0002%1h193.15+0.035%$29K$2K10xas long as short
Aster SKHYUSDT0.0000%8h192.79−0.151%$248K$921K50xas long as short
Extended SKHY-USD0.0000%1h193.03−0.027%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h193.15+0.035%$212.0M$382.9M50xas long as short
Bybit SKHYUSDT0.0000%8h193.20+0.062%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.18+0.052%$46.9M$67.7M50xas long as short
Gate SKHY_USDTshort0.0000%8h193.10+0.010%$25.9M$18.3M75x
Variational Omni SKHY0.0000%8h193.27+0.100%$1.6M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.46+0.197%$708$6.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.16+0.041%$47K$268K10xas long as short
HTX SKHY-USDT0.0000%8h193.10+0.010%$160K$386K50xas long as short
Phemex SKHYUSDT0.0000%8h192.95−0.067%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.09+0.005%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.01−0.036%$1.0M$674K10xas long as short
Lighter RH SKHY+0.0032%1h192.95−0.067%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.11+0.016%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.14+0.031%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.16+0.041%$197K$256K20xas long as short
Polymarket Perps SKHY-USDlong+0.0050%1h193.08long leg$190K$454K10x
Ondo Perps SKHY-USD.P+0.0050%1h193.26+0.093%$555K$1.7M10xas long as short
tradeXYZ xyz:SKHY+0.0065%1h193.09+0.005%$164.9M$64.9M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h192.17−0.471%$117K$795K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.95−0.067%$1.1M$277K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.17+0.047%$2K$4K10xas long as short
SoDEX SKHY-USD+0.0110%1h193.03−0.026%$43K$13K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.29+0.109%$2.2M$446K50xas long as short
Bitget SKHYUSDT+0.0201%8h193.18+0.052%$25.7M$26.6M20xas long as short
Phoenix SKHY+0.0335%1h192.76−0.166%$217K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0479%8h193.36+0.144%$23K$195K10xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.22+0.075%$51K$22K20xas long as short