Funding you earn now, next payment 06:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against Ondo Perps−0.005%50s7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now −0.005%, 7d avg −0.037%
=Together, before fees−0.143%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.032% dearer against Ondo Perps than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.037%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.054% in total) that is about 4.1 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SKHY-USD.P | 187.45 | −0.0011 | get 0.0001% / 1h | 10m 32s | $516K | $2.6M | 10x |
| Short | Polymarket Perps SKHY-USD | 187.44 | −0.0092 | pay 0.0011% / 1h | 10m 32s | $181K | $487K | 10x |
Ondo Perps SKHY-USD.P
Polymarket Perps SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Ondo 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
- −$16.97
- Price spread: −0.005% → −0.037%
- $3.16
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.81
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 37 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 37 min ago | 2.12 bp | 6.2 bp −$6 | 6.6 bp −$66 | 11.0 bp −$1,101 | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1210% | 8h | 187.72 | +0.144% | $25.1M | $31.3M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0336% | 1h | 187.61 | +0.085% | $48K | $336K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0332% | 4h | 187.06 | −0.209% | $564K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0144% | 1h | 187.74 | +0.156% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0119% | 1h | 187.55 | +0.053% | $159.2M | $74.2M | 10x | as long as short |
| Polymarket Perps SKHY-USDshort | −0.0092% | 1h | 187.44 | −0.005% | $181K | $487K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.069% | $61K | $897K | 10x | as long as short |
| Lighter SKHY | −0.0016% | 1h | 187.55 | +0.053% | $929K | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 187.56 | +0.059% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | −0.0011% | 1h | 187.45 | long leg | $516K | $2.6M | 10x |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
Lighter SKHY
QFEX SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 187.70 | +0.133% | $228K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.57 | +0.063% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.65 | +0.107% | $201.3M | $433.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.65 | +0.107% | $15.9M | $30.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.63 | +0.096% | $44.6M | $77.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.62 | +0.091% | $25.3M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | +0.033% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.93 | −0.277% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.87 | +0.224% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.46 | +0.005% | $155K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.60 | +0.080% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.52 | +0.037% | $1.1M | $1.6M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0032% | 1h | 187.62 | +0.091% | $196K | $273K | 20x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.27 | −0.096% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.58 | +0.069% | — | $12K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.37 | −0.043% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.57 | +0.064% | $1.1M | $322K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.62 | +0.091% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.63 | +0.096% | $2.1M | $416K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 187.27 | −0.096% | $210K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0261% | 1h | 187.67 | +0.118% | $47K | $19K | 20x | as long as short |
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Popdex SKHYUSDT
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD