Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Polymarket Perps+0.197%7-day average +0.182% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1351.354% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.197%, 7d avg +0.182%
=The price spread sits at its 7-day average of +0.182%, 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 | Polymarket Perps SKHY-USD | 193.02 | 0.0050 | pay 0.0006% / 1h | 34m 22s | $189K | $456K | 10x |
| Short | SunX SKHY-USDT | 193.40 | 0 | get 0.0000% / 8h | 4h 34m | $708 | $6.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.5
- Price spread: +0.197% → +0.182%
- $1.51
- Slippage, 4 orders
- −$119.44
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$144.43
- Costs to cover
- 1.354%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 23 min ago; SunX: 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, 23 min ago | 3.37 bp | 7.9 bp −$8 | 7.9 bp −$79 | 10.8 bp −$1,080 | doesn't fit |
| Sell SunX live order book, 5 min ago | 29.49 bp | 72.4 bp −$72 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0308% | 4h | 193.10 | +0.044% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.093% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.08 | +0.032% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.10 | +0.040% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.16 | +0.074% | $204.4M | $392.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.16 | +0.073% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.19 | +0.088% | $46.6M | $69.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.07 | +0.026% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | +0.032% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.12 | +0.052% | $23K | $201K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDTshort | 0.0000% | 8h | 193.40 | +0.197% | $708 | $6.3M | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 193.05 | +0.016% | $161K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.23 | +0.109% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.07 | +0.026% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.07 | +0.026% | $1.0M | $686K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.08 | +0.031% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.04 | +0.010% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.07 | +0.026% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.12 | +0.052% | $201K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0049% | 1h | 193.03 | +0.005% | $161.5M | $67.7M | 10x | as long as short |
| Polymarket Perps SKHY-USDlong | +0.0050% | 1h | 193.02 | long leg | $189K | $456K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.13 | +0.057% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.06 | +0.021% | $574K | $2.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.04 | +0.010% | $1.1M | $305K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.13 | +0.057% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.10 | +0.041% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0138% | 1h | 193.09 | +0.035% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0158% | 8h | 193.15 | +0.067% | $25.3M | $26.9M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0216% | 1h | 193.20 | +0.093% | $49K | $316K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.09 | +0.036% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1057% | 1h | 193.22 | +0.106% | $49K | $19K | 20x | as long as short |
Polymarket Perps SKHY-USD
SunX SKHY-USDT
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD