Funding you earn now, next payment 03:00 UTC+0.0264%/8h= +28.9% APRpaid last 24h −0.093%
Price spread now: Polymarket Perps against Binance+0.028%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now +0.028%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Polymarket Perps is 0.054% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.026%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% 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 | Binance SKHYNIXUSDT | 1,406.2 | 0.0067 | pay 0.0034% / 4h | 1h 46m | $350.8M | $743.8M | 50x |
| Short | Polymarket Perps SKHYNIX-USD | 1,406.6 | 0.0331 | get 0.0041% / 1h | 46m 28s | $276K | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- $55.34
- Price spread: +0.028% → −0.026%
- $5.37
- Slippage, 4 orders
- −$4.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $37.8
- Costs to cover
- 0.229%
- Break-even
- 2.2 days
Slippage from Binance: live order book, 12 min ago; Polymarket Perps: live order book, 2 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 Binance live order book, 12 min ago | 0.04 bp | 5.6 bp −$6 | 7.4 bp −$74 | 12.0 bp −$1,201 | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 1.42 bp | 5.4 bp −$5 | 5.5 bp −$55 | 8.5 bp −$847 | doesn't fit |
SKHYNIX on 23 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 SKHYNIXUSDC | −0.0808% | 4h | 1,410.8 | +0.326% | $3.5M | $403K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,406.5 | +0.021% | $18.8M | $40.6M | 20x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,407.2 | +0.071% | $20.4M | $33.3M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,407 | +0.056% | $144.0M | $63.6M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,413.2 | +0.496% | $102K | $195K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,406.9 | +0.050% | $1K | $642K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,409.3 | +0.217% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,407.4 | +0.087% | $1.2M | $768K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,407.2 | +0.071% | $749 | $8K | 10x | as long as short |
| Extended SKHYNIX-USD | +0.0064% | 1h | 1,405.5 | −0.054% | $2.4M | $71K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYNIXUSDTlong | +0.0067% | 4h | 1,406.2 | long leg | $350.8M | $743.8M | 50x | |
| BloFin SKHYNIX-USDT | +0.0073% | 4h | 1,407.4 | +0.081% | — | $4.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,406.1 | −0.008% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,406.5 | +0.017% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,410.5 | +0.307% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,406.3 | +0.004% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,407 | +0.054% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0286% | 1h | 1,406 | −0.015% | $318.3M | $203.9M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0304% | 1h | 1,406.4 | +0.011% | $15K | $466K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDshort | +0.0331% | 1h | 1,406.6 | +0.028% | $276K | $1.0M | 10x | |
| OKX SKHYNIX-USDT-SWAP | +0.0334% | 8h | 1,407 | +0.056% | $55.8M | $113.9M | 50x | as long as short |
| Bitget SKHYNIXUSDT | +0.0340% | 4h | 1,406.8 | +0.040% | $23.7M | $25.7M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0735% | 1h | 1,408.5 | +0.163% | $737 | $38K | 5x | as long as short |
Binance SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Extended SKHYNIX-USD
BloFin SKHYNIX-USDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
OKX SKHYNIX-USDT-SWAP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD