Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.051%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$920.922% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.051%, 7d avg −0.058%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKYUSDT | 0.06987 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $16.1M | $10.9M | 75x |
| Short | OKX SKY-USDT-SWAP | 0.06983 | 0.0100 | get 0.0050% / 4h | 3h 40m | $838K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.051% → −0.058%
- $0.72
- Slippage, 4 orders
- −$72.15
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$91.43
- Costs to cover
- 0.922%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; OKX: live order book, 1 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 Binance live order book, 16 min ago | 0.71 bp | 12.9 bp −$13 | 51.0 bp −$510 | 351.1 bp −$35.1K | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.15 bp | 35.7 bp −$36 | 323.7 bp −$3,237 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.0784% | 4h | 0.06979 | −0.108% | $7.5M | $3.5M | 25x | as long as short |
| Variational Omni SKY | −0.0610% | 4h | 0.06974 | −0.174% | $185K | $111K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.654% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0054% | 4h | 0.07002 | +0.221% | $593K | $29K | 75x | as long as short |
| Nado SKY-PERP | +0.0063% | 1h | 0.06978 | −0.115% | $67K | $26K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06987 | +0.001% | $188K | $170K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06990 | +0.045% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDTlong | +0.0100% | 4h | 0.06987 | long leg | $16.1M | $10.9M | 75x | |
| OKX SKY-USDT-SWAPshort | +0.0100% | 4h | 0.06983 | −0.051% | $838K | $1.3M | 20x | |
| Gate SKY_USDT | +0.0100% | 4h | 0.06978 | −0.123% | $592K | $261K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06987 | +0.006% | $1.0M | $282K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06982 | −0.065% | $412K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06990 | +0.049% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06985 | −0.022% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07010 | +0.336% | $24K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06989 | +0.038% | $1K | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.0101% | 1h | 0.06997 | +0.151% | $2.9M | $903K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0523% / S −0.0248% | 1h | 0.06986 | −0.004% | $83K | — | 50x | as long as short |
Binance SKYUSDT
OKX SKY-USDT-SWAP
Bybit SKYUSDT
Variational Omni SKY
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Aster SKYUSDT
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]