Funding you earn now, next payment 04:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.072%
Price spread now: Polymarket Perps against OKX−0.043%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 7 days+0.159%+$16 · spread now −0.043%, 7d avg −0.030%
=The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% 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 | OKX SKHYNIX-USDT-SWAP | 1,409.9 | 0.0362 | pay 0.0362% / 8h | 4h 11m | $55.8M | $114.4M | 50x |
| Short | Polymarket Perps SKHYNIX-USD | 1,409.3 | 0.0094 | get 0.0012% / 1h | 11m 18s | $276K | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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
- −$56.26
- Price spread: −0.043% → −0.030%
- −$1.24
- Slippage, 4 orders
- −$7.44
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$82.94
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.35 bp | 6.7 bp −$7 | 7.7 bp −$77 | 19.2 bp −$1,918 | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.13 bp | 7.3 bp −$7 | 8.1 bp −$81 | 9.7 bp −$972 | 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 | −0.0350% | 4h | 1,407.7 | −0.158% | $3.5M | $375K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,409.5 | −0.031% | $18.8M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,408.8 | −0.080% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,409.1 | −0.054% | $349.5M | $754.5M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,409.7 | −0.016% | $20.5M | $31.7M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,410 | +0.009% | $143.3M | $65.2M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,408.9 | −0.069% | $101K | $200K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.5 | −0.026% | $1K | $608K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,409.9 | −0.003% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,410 | +0.004% | $1.2M | $769K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKHYNIX-USDT | +0.0032% | 4h | 1,409.4 | −0.034% | $2.7M | $4.1M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,409.2 | −0.052% | $750 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0061% | 1h | 1,408.7 | −0.085% | $315.3M | $211.1M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0085% | 1h | 1,409.1 | −0.053% | $14K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDshort | +0.0094% | 1h | 1,409.3 | −0.043% | $276K | $1.0M | 10x | |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,409 | −0.064% | $127K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,408.8 | −0.082% | $5.2M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,408.1 | −0.126% | $147K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,409.1 | −0.057% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,409.8 | −0.009% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0232% | 4h | 1,409.6 | −0.023% | $23.3M | $26.3M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0270% | 1h | 1,408.9 | −0.071% | $672 | $37K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0362% | 8h | 1,409.9 | long leg | $55.8M | $114.4M | 50x |
OKX SKHYNIX-USDT-SWAP
Polymarket Perps SKHYNIX-USD
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD