Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against BingX−0.070%81s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$650.652% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.070%, 7d avg +0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.126% cheaper against BingX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.055%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKY-USDT | 0.07108 | 0.0100 | pay 0.0050% / 4h | 57m 48s | — | $2.4M | — |
| Short | BloFin SKY-USDT | 0.07103 | 0.0091 | get 0.0046% / 4h | 57m 48s | $592K | $29K | 75x |
BingX SKY-USDT
BloFin SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$1.88
- Price spread: −0.070% → +0.055%
- −$12.56
- Slippage, 4 orders
- −$43.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$79.59
- Costs to cover
- 0.652%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; BloFin: live order book, 19 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 BingX live order book, 16 min ago | 2.83 bp | 14.2 bp −$14 | 43.0 bp −$430 | 210.9 bp −$21.1K | 775.1 bp −$387.5K |
| Sell BloFin live order book, 19 min ago | 2.12 bp | 16.9 bp −$17 | 44.4 bp −$444 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0617% | 4h | 0.07088 | −0.288% | $195K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0231% | 4h | 0.07100 | −0.113% | $7.7M | $3.4M | 25x | as long as short |
| BloFin SKY-USDTshort | +0.0091% | 4h | 0.07103 | −0.070% | $592K | $29K | 75x | |
| Lighter SKY | +0.0096% | 1h | 0.07114 | +0.084% | $186K | $155K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07116 | +0.109% | $70K | $26K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07109 | +0.012% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07110 | +0.030% | $16.2M | $10.4M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07106 | −0.028% | $855K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07100 | −0.113% | $606K | $254K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07110 | +0.028% | $1.1M | $284K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance 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 | 0.07100 | −0.113% | $429K | $289K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07111 | +0.042% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.07108 | long leg | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07099 | −0.127% | $20K | $683K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07112 | +0.052% | $1K | $2K | 10x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +0.900% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0323% | 1h | 0.07121 | +0.179% | $3.0M | $929K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0529% / S −0.0248% | 1h | 0.07109 | +0.014% | $84K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]