SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%

Price spread now: Binance against BloFin+0.295%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$650.650% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)−0.360%−$36 · spread now +0.295%, 7d avg −0.008%

Together, before fees−0.340%−$34 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.303% dearer against BloFin than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKY-USDT	0.07113	0.0099	pay 0.0049% / 4h	54m 54s	$592K	$29K	75x
Short	Binance SKYUSDT	0.07134	0.0100	get 0.0050% / 4h	54m 54s	$16.2M	$10.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now +0.295%Rate

Funding earned: $0.25
Price spread: +0.295% → −0.008%: $30.33
Slippage, 4 orders: −$43.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$34.44
Costs to cover: 0.650%
Break-even: 980.6 days

Slippage from BloFin: live order book, 21 min ago; Binance: live order book, 16 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, 21 min ago	2.12 bp	17.4 bp −$17	35.1 bp −$351	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.71 bp	16.1 bp −$16	62.3 bp −$623	301.6 bp −$30.2K	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	−0.0603%	4h	0.07097	−0.231%	$195K	$104K	—	as long as short
Bybit SKYUSDT	−0.0224%	4h	0.07122	+0.127%	$7.7M	$3.4M	25x	as long as short
Lighter SKY	+0.0096%	1h	0.07133	+0.281%	$187K	$155K	10x	as long as short
BloFin SKY-USDTlong	+0.0099%	4h	0.07113	long leg	$592K	$29K	75x
Nado SKY-PERP	+0.0100%	1h	0.07130	+0.235%	$71K	$26K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07127	+0.191%	$43K	$36K	20x	as long as short
Binance SKYUSDTshort	+0.0100%	4h	0.07134	+0.295%	$16.2M	$10.4M	75x
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07131	+0.253%	$858K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07117	+0.056%	$607K	$255K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07133	+0.281%	$1.1M	$284K	100x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTM	+0.0100%	4h	0.07125	+0.169%	$429K	$290K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07131	+0.253%	$2.9M	$2.1M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07129	+0.225%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07114	+0.014%	$20K	$683K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07128	+0.208%	$1K	$2K	10x	as long as short
Injective SKY/USDC PERP	+0.0158%	1h	0.07172	+0.829%	$392	$303K	12x	as long as short
Hyperliquid SKY	+0.0238%	1h	0.07145	+0.448%	$3.0M	$929K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0529% / S −0.0248%	1h	0.07132	+0.264%	$84K	—	50x	as long as short