Funding you earn now, next payment 00:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h −0.011%
Price spread now: Injective against Bitget+1.443%71s7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 3 days (all we have)−1.300%−$130 · spread now +1.443%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 1.430% dearer against Bitget than usual: you sell high and buy low: +$143 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.192%, so the current rate has only just turned in your favour. The two prices were read 71 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 | Bitget SKYUSDT | 0.07070 | 0.0100 | pay 0.0050% / 4h | 34m 14s | $2.9M | $1.8M | 75x |
| Short | Injective SKY/USDC PERP | 0.07172 | 0.0158 | get 0.0020% / 1h | 34m 14s | $392 | $303K | 12x |
Bitget SKYUSDT
Injective SKY/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $12.25
- Price spread: +1.443% → +0.013%
- $143.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $143.24
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 3 min ago; Injective: 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 Bitget live order book, 3 min ago | 4.24 bp | 19.4 bp −$19 | 56.9 bp −$569 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0648% | 4h | 0.07059 | −0.160% | $194K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0258% | 4h | 0.07058 | −0.170% | $7.6M | $3.3M | 25x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07068 | −0.023% | $185K | $155K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07067 | −0.050% | $70K | $25K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07071 | +0.016% | $43K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07067 | −0.042% | $16.0M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07063 | −0.099% | $849K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07059 | −0.156% | $602K | $255K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07068 | −0.028% | $1.1M | $285K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07072 | +0.028% | $423K | $290K | 50x | 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_USDT
KuCoin SKYUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDTlong | +0.0100% | 4h | 0.07070 | long leg | $2.9M | $1.8M | 75x | |
| BingX SKY-USDT | +0.0100% | 4h | 0.07062 | −0.113% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07074 | +0.057% | $20K | $679K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07069 | −0.017% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0139% | 4h | 0.07072 | +0.028% | $592K | $29K | 75x | as long as short |
| Injective SKY/USDC PERPshort | +0.0158% | 1h | 0.07172 | +1.443% | $392 | $303K | 12x | |
| Hyperliquid SKY | +0.0205% | 1h | 0.07082 | +0.168% | $3.0M | $902K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0527% / S −0.0248% | 1h | 0.07067 | −0.040% | $84K | — | 50x | as long as short |
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]