Funding you earn now, next payment 08:00 UTC−0.0919%/8h= −100.7% APRpaid last 24h +0.009%
Price spread now: Gate against Polymarket Perps+0.118%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$340.335% of the position
Funding, last 7 days−0.313%−$31 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now +0.118%, 7d avg +0.049%
=The price spread pays, funding is against you. Gate is 0.069% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.049%): +$7 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.313% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.313% in total (about -16.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHYNIX-USD | 1,352.4 | 0.0919 | pay 0.0115% / 1h | 33m 48s | $253K | $983K | 10x |
| Short | Gate SKHYNIX_USDT | 1,354 | 0 | get 0.0000% / 4h | 33m 48s | $140.5M | $77.0M | 75x |
Polymarket Perps SKHYNIX-USD
Gate SKHYNIX_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$193.08
- Price spread: +0.118% → +0.049%
- $6.89
- Slippage, 4 orders
- −$10.5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$219.69
- Costs to cover
- 0.335%
- 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 49 min ago | 1.84 bp | 6.6 bp −$7 | 7.1 bp −$71 | 10.0 bp −$999 | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.04 bp | 10.5 bp −$10 | 25.0 bp −$250 | 34.5 bp −$3,448 | 58.3 bp −$29.2K |
SKHYNIX on 23 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 SKHYNIXUSDC | −0.0232% | 4h | 1,351.9 | −0.040% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0058% | 1h | 1,352.4 | +0.003% | $679 | $36K | 5x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,352.3 | −0.008% | $18.4M | $31.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,352.7 | +0.022% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,353.2 | +0.057% | $328.5M | $952.4M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,353.3 | +0.069% | $19.1M | $31.0M | 100x | as long as short |
| Gate SKHYNIX_USDTshort | 0.0000% | 4h | 1,354 | +0.118% | $140.5M | $77.0M | 75x | |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,353.3 | +0.064% | $21.8M | $34.4M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,352.7 | +0.026% | $98K | $219K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,352.9 | +0.038% | $1K | $484K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,353.2 | +0.056% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,353.2 | +0.056% | $1.2M | $777K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0059% | 4h | 1,352.4 | −0.002% | $2.5M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,352.4 | 0.000% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,352.1 | −0.026% | $5.0M | $8.3M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,351.7 | −0.053% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,352.7 | +0.025% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,353.7 | +0.094% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0322% | 8h | 1,353.3 | +0.067% | $51.9M | $133.5M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0607% | 1h | 1,352.5 | +0.007% | $257 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0751% | 1h | 1,351.2 | −0.089% | $296.3M | $269.3M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDlong | +0.0919% | 1h | 1,352.4 | long leg | $253K | $983K | 10x | |
| Bullet SKHYNIX-USD | +0.0963% | 1h | 1,353.2 | +0.061% | $13K | $467K | 10x | as long as short |
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD