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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: tradeXYZ against Polymarket Perps−0.005%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$330.332% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 7 days−0.157%−$16 · spread now −0.005%, 7d avg +0.040%
Together, before fees−0.237%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.045% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SKHY-USD193.200.0050pay 0.0006% / 1h59m 08s$189K$456K10x
ShorttradeXYZ xyz:SKHY193.190.0050get 0.0006% / 1h59m 08s$161.6M$67.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$0
Price spread: −0.005% → +0.040%
−$4.55
Slippage, 4 orders
−$7.16
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$37.7
Costs to cover
0.332%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 63 min ago; tradeXYZ: live order book, 11 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, 63 min ago2.85 bp7.8 bp −$87.9 bp −$7910.5 bp −$1,047doesn't fit
Sell tradeXYZ live order book, 11 min ago0.26 bp9.3 bp −$910.5 bp −$105doesn't fitdoesn't fit

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−0.0844%4h193.28+0.040%$583K$292K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.90−0.155%$45K$869K10xas long as short
Aster SKHYUSDT0.0000%8h193.25+0.024%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.24+0.020%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.29+0.049%$205.1M$392.5M50xas long as short
Bybit SKHYUSDT0.0000%8h193.31+0.057%$15.8M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.29+0.047%$46.7M$70.0M50xas long as short
Gate SKHY_USDT0.0000%8h193.28+0.041%$25.8M$18.7M75xas long as short
Variational Omni SKHY0.0000%8h193.28+0.039%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.29+0.047%$23K$199K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.58+0.197%$709$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.12−0.041%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h193.30+0.052%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.22+0.010%$1.2M$4.2M10xas long as short
Lighter SKHY+0.0032%1h193.200.000%$1.0M$684K10xas long as short
Lighter RH SKHY+0.0032%1h193.17−0.016%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.200.000%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.25+0.026%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.30+0.052%$201K$257K20xas long as short
tradeXYZ xyz:SKHYshort+0.0050%1h193.19−0.005%$161.6M$67.6M10x
Polymarket Perps SKHY-USDlong+0.0050%1h193.20long leg$189K$456K10x
SoDEX SKHY-USD+0.0050%1h193.25+0.026%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.26+0.031%$575K$2.3M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.23+0.016%$1.1M$298K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.30+0.052%$2K$4K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0112%1h193.30+0.052%$49K$307K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.31+0.057%$2.2M$438K50xas long as short
Nado SKHY-PERP+0.0151%1h193.25+0.028%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0204%8h193.33+0.067%$25.4M$26.8M20xas long as short
Phoenix SKHY+0.0332%1h193.40+0.104%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1056%1h193.42+0.113%$51K$17K20xas long as short