Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bitget+0.042%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.066%+$7 · spread now +0.042%, 7d avg +0.060%
=The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKYUSDT | 0.07197 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $3.0M | $2.0M | 75x |
| Short | BloFin SKY-USDT | 0.07200 | 0.0120 | get 0.0060% / 4h | 2h 38m | $610K | $610K | 75x |
Bitget SKYUSDT
BloFin SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $4.11
- Price spread: +0.042% → +0.060%
- −$1.84
- Slippage, 4 orders
- −$50.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.45
- Costs to cover
- 0.747%
- Break-even
- 130.3 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 47 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 Bitget live order book, 4 min ago | 4.86 bp | 20.1 bp −$20 | 54.4 bp −$544 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 0.69 bp | 10.0 bp −$10 | 33.5 bp −$335 | 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 | −0.0621% | 4h | 0.07188 | −0.132% | $207K | $94K | — | as long as short |
| Bybit SKYUSDT | −0.0246% | 4h | 0.07185 | −0.167% | $7.9M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07199 | +0.028% | $393 | $222K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07196 | −0.015% | $189K | $163K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07198 | +0.014% | $71K | $26K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07197 | 0.000% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07197 | 0.000% | $16.6M | $9.5M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07188 | −0.125% | $874K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07189 | −0.111% | $618K | $254K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07196 | −0.014% | $1.1M | $280K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
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 | 0.07183 | −0.195% | $442K | $287K | 50x | as long as short |
| Bitget SKYUSDTlong | +0.0100% | 4h | 0.07197 | long leg | $3.0M | $2.0M | 75x | |
| BingX SKY-USDT | +0.0100% | 4h | 0.07192 | −0.069% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07204 | +0.097% | $20K | $685K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07197 | −0.006% | $698 | $2K | 10x | as long as short |
| BloFin SKY-USDTshort | +0.0120% | 4h | 0.07200 | +0.042% | $610K | $610K | 75x | |
| Hyperliquid SKY | +0.0372% | 1h | 0.07206 | +0.125% | $3.0M | $904K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0535% / S −0.0248% | 1h | 0.07195 | −0.024% | $85K | — | 50x | as long as short |
KuCoin SKYUSDTM
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]