Funding you earn now, next payment 10:00 UTC+0.0418%/8h= +45.8% APRpaid last 24h +0.031%
Price spread now: Binance against Polymarket Perps−0.018%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.018%, 7d avg +0.032%
=Funding pays, the price is against you. Binance is 0.049% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.032%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHYNIX-USD | 1,361.3 | −0.0418 | get 0.0052% / 1h | 1m 54s | $242K | $972K | 10x |
| Short | Binance SKHYNIXUSDT | 1,361.1 | 0 | get 0.0000% / 4h | 2h 01m | $327.7M | $1.03B | 50x |
Polymarket Perps SKHYNIX-USD
Binance SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $87.88
- Price spread: −0.018% → +0.032%
- −$4.92
- Slippage, 4 orders
- −$7.77
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $57.19
- Costs to cover
- 0.258%
- Break-even
- 2.4 days
Slippage from Polymarket Perps: live order book, 49 min ago; Binance: 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, 49 min ago | 2.23 bp | 9.0 bp −$9 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.04 bp | 5.1 bp −$5 | 8.0 bp −$80 | 20.5 bp −$2,048 | doesn't fit |
SKHYNIX on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHX | −0.0641% | 1h | 1,361 | −0.022% | $302.0M | $302.9M | 10x | as long as short |
| Bullet SKHYNIX-USD | −0.0567% | 1h | 1,361.2 | −0.007% | $14K | $468K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDlong | −0.0418% | 1h | 1,361.3 | long leg | $242K | $972K | 10x | |
| Aftermath Perps SKHYNIXUSD | −0.0223% | 1h | 1,360.6 | −0.050% | $748 | $34K | 5x | as long as short |
| edgeX SKHYNIXUSDC | −0.0218% | 4h | 1,359.6 | −0.123% | $3.3M | $430K | 10x | as long as short |
| SoDEX SKHX-USD | −0.0208% | 1h | 1,361.4 | +0.010% | $398 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | −0.0049% | 1h | 1,361.8 | +0.037% | $112K | $467K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,354.9 | −0.470% | $18.1M | $22.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,360.2 | −0.084% | $2.3M | $85K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,361.1 | −0.018% | $327.7M | $1.03B | 50x |
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Aftermath Perps SKHYNIXUSD
edgeX SKHYNIXUSDC
SoDEX SKHX-USD
Pacifica SKHYNIX
Aster SKHYNIXUSD1
Extended SKHYNIX-USDShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,361.3 | +0.001% | $18.5M | $32.7M | 100x | as long as short |
| OKX SKHYNIX-USDT-SWAP | 0.0000% | 8h | 1,361.4 | +0.007% | $51.5M | $147.2M | 50x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,361.7 | +0.030% | $140.3M | $79.9M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,361.5 | +0.015% | $21.9M | $39.1M | 20x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,360.1 | −0.092% | $1K | $422K | 10x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,360.8 | −0.034% | $1.2M | $784K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0028% | 4h | 1,361.8 | +0.040% | $2.5M | $4.2M | 50x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,360.3 | −0.071% | $5.2M | $8.3M | 20x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,360.7 | −0.042% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,361.5 | +0.015% | $32K | — | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0236% | 1h | 1,359.9 | −0.107% | $142K | $261K | 50x | as long as short |
| HTX SKHYNIX-USDT | +0.0753% | 4h | 1,361.5 | +0.015% | $1.3M | $2.9M | 50x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0858% | 4h | 1,359.3 | −0.144% | $99K | $213K | 10x | as long as short |
Bybit SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
SunX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
ApeX Omni SKHYNIXUSDT
HTX SKHYNIX-USDT
GRVT SKHYNIX_USDT_Perp