Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Popdex against Polymarket Perps+0.067%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$250.253% of the position
Funding, last 4 days (all we have)+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.425%−$43 · spread now +0.067%, 7d avg +0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.049% dearer against Polymarket Perps than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SKHY-USD | 192.78 | 0.0050 | pay 0.0006% / 1h | 48m 56s | $188K | $456K | 10x |
| Short | Popdex SKHYUSDT | 192.91 | 0.0048 | get 0.0006% / 1h | 48m 56s | $198K | $255K | 20x |
Polymarket Perps SKHY-USD
Popdex SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$0.42
- Price spread: +0.067% → +0.018%
- $4.92
- Slippage, 4 orders
- −$10.86
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$20.76
- Costs to cover
- 0.253%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 14 min ago; Popdex: live order book, 15 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, 14 min ago | 2.85 bp | 7.8 bp −$8 | 7.9 bp −$79 | 10.5 bp −$1,047 | doesn't fit |
| Sell Popdex live order book, 15 min ago | 1.04 bp | 6.1 bp −$6 | 10.0 bp −$100 | doesn't fit | doesn't fit |
SKHY on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0107% | 4h | 193.03 | +0.129% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | +0.062% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.74 | −0.020% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.69 | −0.047% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.66 | −0.060% | $208.1M | $385.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.66 | −0.062% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.64 | −0.073% | $46.8M | $69.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.69 | −0.047% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | +0.154% | $1.6M | $1.3M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.09 | +0.161% | $22K | $193K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.17 | +0.202% | $707 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.80 | +0.010% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.98 | +0.104% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.85 | +0.036% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.64 | −0.073% | $1.0M | $686K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.66 | −0.062% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.99 | +0.109% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.91 | +0.067% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDTshort | +0.0048% | 1h | 192.91 | +0.067% | $198K | $255K | 20x | |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.66 | −0.062% | $161.8M | $66.4M | 10x | as long as short |
| Polymarket Perps SKHY-USDlong | +0.0050% | 1h | 192.78 | long leg | $188K | $456K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.83 | +0.026% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.91 | +0.067% | $569K | $2.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.75 | −0.016% | $1.1M | $290K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.88 | +0.052% | $2K | $4K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0113% | 1h | 192.86 | +0.041% | $48K | $285K | 10x | as long as short |
| Nado SKHY-PERP | +0.0127% | 1h | 192.85 | +0.037% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0218% | 8h | 192.90 | +0.062% | $25.6M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.23 | +0.233% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0546% | 1h | 192.97 | +0.100% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
tradeXYZ xyz:SKHY
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Deribit SKHY_USDC-PERPETUAL
Nado SKHY-PERP
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD