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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h +0.175%
Price spread now: Polymarket Perps against edgeX+0.024%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.522%−$52 on $10k
Price spread, last 4 days (all we have)+0.431%+$43 · spread now +0.024%, 7d avg −0.030%
Together, before fees−0.091%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.055% dearer against edgeX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.030%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days. At the pace of the last 7 days (−0.522% in total) that is about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC186.11−0.0018get 0.0009% / 4h7m 10s$561K$290K10x
ShortPolymarket Perps SKHY-USD186.16−0.0044pay 0.0006% / 1h7m 10s$180K$486K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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
−$5.55
Price spread: +0.024% → −0.030%
$5.46
Slippage, 4 orders
−$16.76
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$33.85
Costs to cover
0.338%
Break-even
never at this rate
Slippage from edgeX: live order book, 32 min ago; Polymarket Perps: live order book, 30 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 edgeX live order book, 32 min ago5.63 bp10.9 bp −$1115.3 bp −$153doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 30 min ago2.14 bp6.1 bp −$66.6 bp −$6610.6 bp −$1,055doesn'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
Bitget SKHYUSDT−0.1249%8h186.44+0.175%$25.5M$33.5M20xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.34+0.121%$48K$21K20xas long as short
tradeXYZ xyz:SKHY−0.0129%1h186.21+0.051%$158.1M$76.8M10xas long as short
Nado SKHY-PERP−0.0118%1h186.30+0.101%$33K$28K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.787%$68K$795K10xas long as short
QFEX SKHY-USD−0.0061%1h186.21+0.051%$1.2M$4.3M10xas long as short
KuCoin SKHYUSDTM−0.0058%8h186.18+0.035%$1.1M$349K20xas long as short
Polymarket Perps SKHY-USDshort−0.0044%1h186.16+0.024%$180K$486K10x
edgeX SKHYUSDClong−0.0018%4h186.11long leg$561K$290K10x
Aster SKHYUSDT0.0000%8h186.28+0.088%$225K$899K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHY-USD0.0000%1h186.19+0.038%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.21+0.053%$199.7M$453.0M50xas long as short
Bybit SKHYUSDT0.0000%8h186.25+0.073%$16.6M$29.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.22+0.057%$44.5M$80.0M50xas long as short
Popdex SKHYUSDT0.0000%1h186.25+0.073%$204K$287K20xas long as short
Gate SKHY_USDT0.0000%8h186.21+0.051%$25.5M$21.1M75xas long as short
Variational Omni SKHY0.0000%8h186.12+0.004%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.15+0.019%$22K$238K10xas long as short
SunX SKHY-USDT0.0000%8h186.51+0.212%$683$6.0M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h186.27+0.083%$49K$348K10xas long as short
HTX SKHY-USDT0.0000%8h186.16+0.024%$154K$363K50xas long as short
Phemex SKHYUSDT0.0000%8h186.26+0.078%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0016%1h186.20+0.046%$973K$1.2M10xas long as short
Lighter RH SKHY+0.0032%1h186.17+0.030%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.18+0.035%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.13+0.008%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.22+0.057%$41K$12K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h186.05−0.035%$520K$2.6M10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.24+0.067%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.17+0.030%$2.2M$426K50xas long as short
Phoenix SKHY+0.0129%1h186.40+0.153%$209K$123K10xas long as short