Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.004%
Price spread now: Nado against ApeX Omni−0.060%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.060% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SKYUSDT | 0.07054 | 0.0100 | pay 0.0013% / 1h | 1m 14s | $22K | $680K | 50x |
| Short | Nado SKY-PERP | 0.07050 | 0.0064 | get 0.0008% / 1h | 1m 14s | $70K | $25K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$7.64
- Price spread: −0.060% → 0.000%
- −$6.02
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$30.67
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 12 min ago; Nado: 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, 12 min ago | 6.39 bp | 16.5 bp −$17 | 110.1 bp −$1,101 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0643% | 4h | 0.07042 | −0.169% | $193K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0170% | 4h | 0.07044 | −0.142% | $7.6M | $3.3M | 25x | as long as short |
| Nado SKY-PERPshort | +0.0064% | 1h | 0.07050 | −0.060% | $70K | $25K | 5x | |
| Lighter SKY | +0.0096% | 1h | 0.07057 | +0.037% | $189K | $160K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07053 | −0.013% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07055 | +0.008% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07048 | −0.085% | $850K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07048 | −0.085% | $603K | $259K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07055 | +0.014% | $1.1M | $288K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07041 | −0.184% | $420K | $290K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.07052 | −0.028% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07051 | −0.043% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.07054 | long leg | $22K | $680K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07054 | +0.001% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0110% | 4h | 0.07050 | −0.057% | $586K | $29K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.673% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0220% | 1h | 0.07064 | +0.142% | $3.0M | $889K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07054 | 0.000% | $84K | — | 50x | as long as short |
ApeX Omni SKYUSDT
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
BloFin SKY-USDT
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]