Funding you earn now, next payment 09:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.007%
Price spread now: ApeX Omni against BloFin−0.074%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.074%, 7d avg +0.005%
=Funding pays, the price is against you. ApeX Omni is 0.079% cheaper against BloFin than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.005%). If the spread goes back, that is −$8 on $10k: about 5.2 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKY-USDT | 0.06785 | 0.0049 | pay 0.0025% / 4h | 3h 55m | $581K | $28K | 75x |
| Short | ApeX Omni SKYUSDT | 0.06780 | 0.0100 | get 0.0013% / 1h | 55m 51s | $27K | $649K | 50x |
BloFin SKY-USDT
ApeX Omni SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $10.69
- Price spread: −0.074% → +0.005%
- −$7.91
- Slippage, 4 orders
- −$41.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$60.46
- Costs to cover
- 0.632%
- Break-even
- 46.6 days
Slippage from BloFin: live order book, 20 min ago; ApeX Omni: live order book, 42 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 BloFin live order book, 20 min ago | 0.74 bp | 17.1 bp −$17 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 42 min ago | 6.63 bp | 15.6 bp −$16 | 98.0 bp −$980 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +1.592% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDTlong | +0.0049% | 4h | 0.06785 | long leg | $581K | $28K | 75x | |
| Variational Omni SKY | +0.0079% | 4h | 0.06770 | −0.215% | $181K | $98K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06780 | −0.080% | $178K | $105K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06778 | −0.107% | $69K | $31K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06778 | −0.096% | $2.8M | $865K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06774 | −0.158% | $41K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06766 | −0.275% | $15.3M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06763 | −0.324% | $7.1M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06762 | −0.339% | $792K | $1.1M | 20x | as long as short |
Injective SKY/USDC PERP
Variational Omni SKY
Lighter SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | +0.0100% | 4h | 0.06761 | −0.354% | $574K | $284K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06772 | −0.192% | $1.0M | $265K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06780 | −0.074% | $398K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06763 | −0.324% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06764 | −0.310% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.06780 | −0.074% | $27K | $649K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06780 | −0.077% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0519% / S −0.0248% | 1h | 0.06779 | −0.093% | $80K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]