Funding you earn now, next payment 06:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.007%
Price spread now: BloFin against ApeX Omni−0.102%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.102%, 7d avg −0.004%
=Funding pays, the price is against you. BloFin is 0.098% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.004%). If the spread goes back, that is −$10 on $10k: about 27 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.093% in total) that is about 7.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SKYUSDT | 0.06858 | 0.0100 | pay 0.0013% / 1h | 55m 36s | $27K | $648K | 50x |
| Short | BloFin SKY-USDT | 0.06851 | 0.0112 | get 0.0056% / 4h | 2h 55m | $520K | $29K | 75x |
ApeX Omni SKYUSDT
BloFin SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- $2.5
- Price spread: −0.102% → −0.004%
- −$9.77
- Slippage, 4 orders
- −$47.2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$76.47
- Costs to cover
- 0.692%
- Break-even
- 221.2 days
Slippage from ApeX Omni: live order book, 57 min ago; BloFin: live order book, 36 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 ApeX Omni live order book, 57 min ago | 7.26 bp | 18.1 bp −$18 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 0.73 bp | 26.5 bp −$26 | 52.6 bp −$526 | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +0.510% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | +0.0056% | 4h | 0.06861 | +0.041% | $183K | $113K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06867 | +0.136% | $179K | $118K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06861 | +0.051% | $75K | $32K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06877 | +0.279% | $2.8M | $909K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06870 | +0.178% | $42K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06869 | +0.163% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06862 | +0.058% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06863 | +0.073% | $816K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06858 | 0.000% | $583K | $286K | 50x | as long as short |
Injective SKY/USDC PERP
Variational Omni SKY
Lighter SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06869 | +0.160% | $1.0M | $260K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06855 | −0.044% | $403K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06868 | +0.146% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06865 | +0.102% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.06858 | long leg | $27K | $648K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06868 | +0.144% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDTshort | +0.0112% | 4h | 0.06851 | −0.102% | $520K | $29K | 75x | |
| GMX SKY/USD [ETH-USDC] | L +0.0523% / S −0.0248% | 1h | 0.06864 | +0.095% | $81K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]