Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.011%
Price spread now: Injective against ApeX Omni+1.412%7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−1.793%−$179 · spread now +1.412%, 7d avg +0.114%
=The price spread pays, funding is against you. Injective is 1.298% dearer against ApeX Omni than usual: you sell high and buy low (spread +1.412% now, against its 7-day average of +0.114%): +$130 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SKYUSDT | 0.06797 | 0.0100 | pay 0.0013% / 1h | 1m 21s | $27K | $649K | 50x |
| Short | Injective SKY/USDC PERP | 0.06893 | 0.0033 | get 0.0004% / 1h | 1m 21s | $376 | $303K | 12x |
ApeX Omni SKYUSDT
Injective SKY/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +1.412% → +0.114%
- $129.8
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $105.78
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 37 min ago; Injective: no order-book sample. Net counts fees only.
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, 37 min ago | 6.63 bp | 14.9 bp −$15 | 106.8 bp −$1,068 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | +0.0033% | 1h | 0.06893 | +1.412% | $376 | $303K | 12x | |
| BloFin SKY-USDT | +0.0058% | 4h | 0.06786 | −0.162% | $576K | $28K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06787 | −0.152% | $178K | $107K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06782 | −0.213% | $69K | $31K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06789 | −0.121% | $41K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06790 | −0.103% | $15.3M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06783 | −0.206% | $7.1M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06780 | −0.250% | $793K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06775 | −0.324% | $575K | $292K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06786 | −0.162% | $1.0M | $275K | 100x | as long as short |
BloFin SKY-USDT
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06788 | −0.132% | $398K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06781 | −0.235% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06783 | −0.206% | — | $2.5M | — | as long as short |
| Variational Omni SKY | +0.0100% | 4h | 0.06787 | −0.146% | $181K | $98K | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.06797 | long leg | $27K | $649K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06788 | −0.132% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0106% | 1h | 0.06795 | −0.031% | $2.8M | $862K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0520% / S −0.0248% | 1h | 0.06788 | −0.140% | $80K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Variational Omni SKY
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]