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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKHYUSDC | 186.11 | −0.0018 | get 0.0009% / 4h | 7m 10s | $561K | $290K | 10x |
| Short | Polymarket Perps SKHY-USD | 186.16 | −0.0044 | pay 0.0006% / 1h | 7m 10s | $180K | $486K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 32 min ago | 5.63 bp | 10.9 bp −$11 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 30 min ago | 2.14 bp | 6.1 bp −$6 | 6.6 bp −$66 | 10.6 bp −$1,055 | doesn't fit |
SKHY on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1249% | 8h | 186.44 | +0.175% | $25.5M | $33.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.34 | +0.121% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0129% | 1h | 186.21 | +0.051% | $158.1M | $76.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0118% | 1h | 186.30 | +0.101% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.787% | $68K | $795K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.21 | +0.051% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0058% | 8h | 186.18 | +0.035% | $1.1M | $349K | 20x | as long as short |
| Polymarket Perps SKHY-USDshort | −0.0044% | 1h | 186.16 | +0.024% | $180K | $486K | 10x | |
| edgeX SKHYUSDClong | −0.0018% | 4h | 186.11 | long leg | $561K | $290K | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 186.28 | +0.088% | $225K | $899K | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 186.19 | +0.038% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.21 | +0.053% | $199.7M | $453.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.25 | +0.073% | $16.6M | $29.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.22 | +0.057% | $44.5M | $80.0M | 50x | as long as short |
| Popdex SKHYUSDT | 0.0000% | 1h | 186.25 | +0.073% | $204K | $287K | 20x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.21 | +0.051% | $25.5M | $21.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.12 | +0.004% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.15 | +0.019% | $22K | $238K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.51 | +0.212% | $683 | $6.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.27 | +0.083% | $49K | $348K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.16 | +0.024% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.26 | +0.078% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 186.20 | +0.046% | $973K | $1.2M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.17 | +0.030% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.18 | +0.035% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.13 | +0.008% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.22 | +0.057% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.05 | −0.035% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.24 | +0.067% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.17 | +0.030% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.40 | +0.153% | $209K | $123K | 10x | as long as short |
edgeX SKHYUSDC
Polymarket Perps SKHY-USD
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Popdex SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY