Funding you earn now, next payment 05:00 UTC+0.0337%/8h= +36.9% APRpaid last 24h +0.074%
Price spread now: OKX against Polymarket Perps+0.029%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now +0.029%, 7d avg +0.033%
=The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% 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 | Polymarket Perps SKHYNIX-USD | 1,387.4 | 0.0071 | pay 0.0009% / 1h | 39m 11s | $272K | $1.0M | 10x |
| Short | OKX SKHYNIX-USDT-SWAP | 1,387.8 | 0.0408 | get 0.0408% / 8h | 3h 39m | $54.5M | $113.8M | 50x |
Polymarket Perps SKHYNIX-USD
OKX SKHYNIX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $70.81
- Price spread: +0.029% → +0.033%
- −$0.46
- Slippage, 4 orders
- −$6.65
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $45.7
- Costs to cover
- 0.246%
- Break-even
- 2.5 days
Slippage from Polymarket Perps: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago | 1.43 bp | 6.8 bp −$7 | 6.9 bp −$69 | 10.6 bp −$1,065 | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.36 bp | 5.6 bp −$6 | 6.9 bp −$69 | 18.3 bp −$1,829 | 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 | −0.0785% | 4h | 1,391.2 | +0.277% | $3.4M | $372K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0018% | 4h | 1,387.3 | −0.006% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,388 | +0.043% | $18.6M | $39.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,386.9 | −0.034% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,387.3 | −0.009% | $345.1M | $777.5M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,387.9 | +0.032% | $20.1M | $31.7M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,387.6 | +0.015% | $139.4M | $66.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,390.9 | +0.254% | $100K | $204K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,392 | +0.329% | $869 | $583K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,387.7 | +0.018% | $1.3M | $2.4M | 50x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,387.9 | +0.037% | $1.2M | $772K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,387.1 | −0.022% | $307.0M | $221.1M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,387.3 | −0.009% | $738 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0061% | 1h | 1,387.1 | −0.018% | $15K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USDlong | +0.0071% | 1h | 1,387.4 | long leg | $272K | $1.0M | 10x | |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,387.6 | +0.013% | $121K | $395K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,387.3 | −0.009% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,393.3 | +0.424% | $145K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,387.5 | +0.006% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,388 | +0.042% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0242% | 4h | 1,387.5 | +0.010% | $22.9M | $27.6M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0251% | 1h | 1,391.6 | +0.300% | $663 | $37K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAPshort | +0.0408% | 8h | 1,387.8 | +0.029% | $54.5M | $113.8M | 50x |
Phemex SKHYNIXUSDT
tradeXYZ xyz:SKHX
SoDEX SKHX-USD
Bullet SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD