Funding you earn now, next payment 06:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h −0.015%
Price spread now: OKX against Polymarket Perps+0.096%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.067%+$7 · spread now +0.096%, 7d avg +0.078%
=The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHY-USD | 187.78 | −0.0095 | get 0.0012% / 1h | 7m 58s | $181K | $487K | 10x |
| Short | OKX SKHY-USDT-SWAP | 187.96 | 0 | get 0.0000% / 8h | 2h 07m | $44.8M | $77.5M | 50x |
Polymarket Perps SKHY-USD
OKX SKHY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $19.87
- Price spread: +0.096% → +0.078%
- $1.76
- Slippage, 4 orders
- −$8.18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$4.54
- Costs to cover
- 0.262%
- Break-even
- 8.6 days
Slippage from Polymarket Perps: live order book, 40 min ago; OKX: live order book, 1 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, 40 min ago | 2.12 bp | 7.7 bp −$8 | 8.6 bp −$86 | 12.2 bp −$1,217 | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.27 bp | 5.6 bp −$6 | 7.6 bp −$76 | 38.6 bp −$3,861 | 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 | −0.1192% | 8h | 188.00 | +0.117% | $25.1M | $31.4M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0388% | 1h | 187.92 | +0.075% | $48K | $336K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0375% | 4h | 187.52 | −0.137% | $565K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0146% | 1h | 188.00 | +0.119% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0120% | 1h | 187.94 | +0.085% | $159.5M | $74.1M | 10x | as long as short |
| Polymarket Perps SKHY-USDlong | −0.0095% | 1h | 187.78 | long leg | $181K | $487K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.245% | $61K | $897K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 187.87 | +0.048% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0010% | 1h | 187.65 | −0.069% | $516K | $2.6M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 187.86 | +0.043% | $931K | $1.1M | 10x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Ondo Perps SKHY-USD.P
Lighter SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 187.96 | +0.096% | $229K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.89 | +0.056% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.98 | +0.107% | $201.6M | $434.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.98 | +0.107% | $15.9M | $30.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAPshort | 0.0000% | 8h | 187.96 | +0.096% | $44.8M | $77.5M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 187.92 | +0.075% | $25.3M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | −0.143% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.67 | −0.061% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.10 | +0.170% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.71 | −0.037% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.88 | +0.053% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0024% | 1h | 187.93 | +0.080% | $197K | $273K | 20x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.83 | +0.027% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.52 | −0.138% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.94 | +0.085% | — | $12K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.80 | +0.011% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.90 | +0.064% | $1.1M | $323K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.91 | +0.069% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.68 | −0.053% | $2.1M | $416K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.02 | +0.128% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 187.95 | +0.088% | $47K | $19K | 20x | as long as short |
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter RH SKHY
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