SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.012%

Price spread now: Variational Omni against Polymarket Perps−0.355%7-day average +0.087% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.016%+$2 on $10k

Price spread, last 7 days+0.490%+$49 · spread now −0.355%, 7d avg +0.087%

Together, before fees+0.506%+ Points / potential airdropVariational Omni: Active · farm board+$51 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Variational Omni is 0.441% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of +0.087%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.016% in total (about 1.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SKHY-USD	193.16	0.0512	pay 0.0064% / 1h	47m 48s	$196K	$400K	10x
Short	Variational Omni SKHY	192.48	0	get 0.0000% / 8h	7h 47m	$1.6M	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now −0.355%Rate

Funding earned: −$107.57
Price spread: −0.355% → +0.087%: −$44.14
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$159.71
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 25 min ago; Variational Omni: RFQ quote, 1 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 Polymarket Perps live order book, 25 min ago	2.64 bp	6.6 bp −$7	8.9 bp −$89	12.1 bp −$1,213	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.23 bp	doesn't fit	3.9 bp −$39	doesn't fit	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
edgeX SKHYUSDC	−0.0915%	4h	192.39	−0.397%	$580K	$289K	10x	as long as short
Nado SKHY-PERP	−0.0087%	1h	193.26	+0.053%	$29K	$2K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	193.02	−0.072%	$256K	$906K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	193.37	+0.109%	$56K	$6K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	193.43	+0.138%	$214.4M	$385.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	193.47	+0.160%	$15.9M	$27.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	193.44	+0.145%	$47.4M	$66.3M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	193.39	+0.119%	$26.4M	$17.4M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	193.17	+0.005%	$25.8M	$26.5M	20x	as long as short
Variational Omni SKHYshort	0.0000%	8h	192.48	−0.355%	$1.6M	$2.4M	—

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.69	+0.274%	$709	$7.0M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	193.33	+0.088%	$159K	$396K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	193.11	−0.026%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0005%	1h	193.19	+0.016%	$1.2M	$5.3M	10x	as long as short
Lighter SKHY	+0.0032%	1h	193.34	+0.093%	$1.0M	$620K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	193.20	+0.021%	$1.1M	$1.5M	10x	as long as short
KuCoin SKHYUSDTM	+0.0039%	8h	193.20	+0.021%	$1.1M	$272K	20x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.51	−0.337%	$57K	$155K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	193.12	−0.021%	—	$13K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	193.21	+0.026%	$197K	$256K	20x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	193.11	−0.026%	$536K	$1.5M	10x	as long as short
GRVT SKHY_USDT_Perp	+0.0053%	8h	192.35	−0.419%	$22K	$202K	10x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0088%	1h	190.51	−1.372%	$171K	$682K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	193.25	+0.047%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	192.83	−0.171%	$2.2M	$428K	50x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0267%	1h	193.45	+0.150%	$46K	$259K	10x	as long as short
Phoenix SKHY	+0.0335%	1h	192.35	−0.419%	$217K	$120K	10x	as long as short
Polymarket Perps SKHY-USDlong	+0.0512%	1h	193.16	long leg	$196K	$400K	10x
tradeXYZ xyz:SKHY	+0.0600%	1h	193.40	+0.124%	$167.1M	$65.0M	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0707%	1h	193.43	+0.138%	$51K	$25K	20x	as long as short
SoDEX SKHY-USD	+0.1069%	1h	193.01	−0.078%	$43K	$13K	10x	as long as short