Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Polymarket Perps against tradeXYZ0.000%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 7 days+0.162%+$16 · spread now 0.000%, 7d avg −0.040%
=Together, before fees+0.242%+ Points / potential airdroptradeXYZ: Active · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.040% dearer against tradeXYZ than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SKHY | 193.20 | 0.0050 | pay 0.0006% / 1h | 59m 20s | $161.6M | $67.6M | 10x |
| Short | Polymarket Perps SKHY-USD | 193.20 | 0.0050 | get 0.0006% / 1h | 59m 20s | $189K | $456K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against tradeXYZ. 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
- Price spread: 0.000% → −0.040%
- $4.03
- Slippage, 4 orders
- −$7.16
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$29.13
- Costs to cover
- 0.332%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Polymarket Perps: live order book, 63 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 tradeXYZ live order book, 11 min ago | 0.26 bp | 9.3 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 63 min ago | 2.85 bp | 6.9 bp −$7 | 7.3 bp −$73 | 10.1 bp −$1,009 | 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 | −0.0844% | 4h | 193.28 | +0.040% | $583K | $292K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.90 | −0.155% | $45K | $869K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.24 | +0.021% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.24 | +0.020% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.30 | +0.052% | $205.1M | $392.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.31 | +0.057% | $15.8M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.30 | +0.052% | $46.7M | $70.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.26 | +0.031% | $25.8M | $18.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.28 | +0.039% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.29 | +0.047% | $23K | $199K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.58 | +0.197% | $709 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.12 | −0.041% | $161K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.29 | +0.047% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.22 | +0.010% | $1.2M | $4.2M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.19 | −0.005% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.14 | −0.031% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.20 | 0.000% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.25 | +0.026% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.30 | +0.052% | $201K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHYlong | +0.0050% | 1h | 193.20 | long leg | $161.6M | $67.6M | 10x | |
| Polymarket Perps SKHY-USDshort | +0.0050% | 1h | 193.20 | 0.000% | $189K | $456K | 10x | |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.25 | +0.026% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | +0.031% | $575K | $2.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.21 | +0.005% | $1.1M | $298K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.30 | +0.052% | $2K | $4K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0112% | 1h | 193.30 | +0.052% | $49K | $307K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.34 | +0.072% | $2.2M | $438K | 50x | as long as short |
| Nado SKHY-PERP | +0.0151% | 1h | 193.25 | +0.028% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0204% | 8h | 193.32 | +0.062% | $25.4M | $26.8M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.40 | +0.104% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1056% | 1h | 193.42 | +0.113% | $51K | $17K | 20x | as long as short |
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
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_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD