Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.038%
Price spread now: GMX against BingX+0.099%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.099% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKY-USDT | 0.06855 | 0.0100 | pay 0.0050% / 4h | 58m 44s | — | $2.4M | — |
| Short | GMX SKY/USD [ETH-USDC] | 0.06862 | L +0.0523% / S −0.0248% | get 0.0031% / 1h | 58m 44s | $81K | — | 50x |
BingX SKY-USDT
GMX SKY/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $31.06
- Price spread: +0.099% → 0.000%
- $9.92
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $18.98
- Costs to cover
- 0.220%
- Break-even
- 2.7 days
Slippage unknown: BingX: live order book, 6 min ago; GMX: 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 BingX live order book, 6 min ago | 2.91 bp | 21.7 bp −$22 | 59.5 bp −$595 | 268.1 bp −$26.8K | 952.0 bp −$476.0K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 PERP | +0.0033% | 1h | 0.06893 | +0.554% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0050% | 4h | 0.06879 | +0.350% | $582K | $31K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06860 | +0.067% | $180K | $107K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06860 | +0.073% | $71K | $31K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06861 | +0.086% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06857 | +0.023% | $15.6M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06856 | +0.015% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06848 | −0.102% | $802K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06850 | −0.073% | $584K | $285K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06856 | +0.015% | $1.0M | $266K | 100x | as long as short |
Injective SKY/USDC PERP
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 | 0.06858 | +0.044% | $402K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06856 | +0.015% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.06855 | long leg | — | $2.4M | — | |
| Variational Omni SKY | +0.0100% | 4h | 0.06874 | +0.274% | $183K | $98K | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06879 | +0.350% | $26K | $646K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06862 | +0.101% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0187% | 1h | 0.06869 | +0.204% | $2.8M | $870K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC]short | L +0.0523% / S −0.0248% | 1h | 0.06862 | +0.099% | $81K | — | 50x |
KuCoin SKYUSDTM
Bitget SKYUSDT
Variational Omni SKY
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY