Funding you earn now, next payment 09:00 UTC−0.0602%/8h= −65.9% APRpaid last 24h +0.036%
Price spread now: KuCoin against Polymarket Perps+0.267%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 7 days−0.260%−$26 · spread now +0.267%, 7d avg +0.013%
=The price spread pays, funding is against you. KuCoin is 0.254% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.267% now, against its 7-day average of +0.013%): +$25 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.168% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.7% 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 | 1,330.8 | 0.0050 | pay 0.0006% / 1h | 33m 50s | $249K | $974K | 10x |
| Short | KuCoin SKHYNIXUSDTM | 1,334.4 | −0.0552 | pay 0.0276% / 4h | 3h 33m | $5.1M | $8.3M | 20x |
Polymarket Perps SKHYNIX-USD
KuCoin SKHYNIXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$126.42
- Price spread: +0.267% → +0.013%
- $25.36
- Slippage, 4 orders
- −$18.95
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$140.01
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 44 min ago; KuCoin: live order book, 4 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, 44 min ago | 1.48 bp | 7.6 bp −$8 | 8.0 bp −$80 | 11.1 bp −$1,114 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.93 bp | 11.6 bp −$12 | 45.0 bp −$450 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4064% | 4h | 1,337.1 | +0.473% | $97K | $226K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3123% | 4h | 1,336.6 | +0.439% | $1.2M | $2.6M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1152% | 1h | 1,338.2 | +0.556% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0893% | 4h | 1,335.1 | +0.322% | $963 | $449K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0652% | 4h | 1,336.1 | +0.399% | $3.3M | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMshort | −0.0552% | 4h | 1,334.4 | +0.267% | $5.1M | $8.3M | 20x | |
| Binance SKHYNIXUSDT | −0.0482% | 4h | 1,334.4 | +0.272% | $324.1M | $977.5M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0480% | 1h | 1,334.4 | +0.272% | $2.3M | $85K | 10x | as long as short |
| Bybit SKHYNIXUSDT | −0.0451% | 8h | 1,334.7 | +0.296% | $18.6M | $30.8M | 100x | as long as short |
| BloFin SKHYNIX-USDT | −0.0446% | 4h | 1,335 | +0.316% | $2.5M | $4.0M | 50x | as long as short |
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
BloFin SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0253% | 4h | 1,340.8 | +0.752% | $18.2M | $26.5M | 20x | as long as short |
| Bitget SKHYNIXUSDT | −0.0188% | 4h | 1,335.5 | +0.350% | $21.4M | $36.0M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0181% | 1h | 1,334.4 | +0.274% | $679 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,335.5 | +0.350% | $138.2M | $75.3M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,336.7 | +0.446% | $1.2M | $779K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDlong | +0.0050% | 1h | 1,330.8 | long leg | $249K | $974K | 10x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,336 | +0.387% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,334.1 | +0.251% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,333.9 | +0.237% | $100K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0349% | 8h | 1,334.7 | +0.293% | $51.7M | $130.4M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0389% | 1h | 1,334.2 | +0.252% | $390 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0727% | 1h | 1,333.1 | +0.173% | $296.3M | $277.7M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0938% | 1h | 1,333.9 | +0.233% | $13K | $466K | 10x | as long as short |
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD