SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%

Price spread now: BingX against BloFin−0.028%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$700.701% of the position

Long on BloFin Short on BingX

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)−0.148%−$15 · spread now −0.028%, 7d avg −0.055%

Together, before fees−0.127%−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.027% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKY-USDT	0.07051	0.0090	pay 0.0045% / 4h	4m 46s	$586K	$30K	75x
Short	BingX SKY-USDT	0.07049	0.0100	get 0.0050% / 4h	4m 46s	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $2.05
Price spread: −0.028% → −0.055%: $2.69
Slippage, 4 orders: −$48.09
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$65.35
Costs to cover: 0.701%
Break-even: 230.2 days

Slippage from BloFin: live order book, 6 min ago; BingX: live order book, 4 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, 6 min ago	1.42 bp	15.9 bp −$16	35.6 bp −$356	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	2.84 bp	19.5 bp −$19	56.9 bp −$569	265.5 bp −$26.6K	838.2 bp −$419.1K

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	−0.0679%	4h	0.07035	−0.226%	$193K	$104K	—	as long as short
Bybit SKYUSDT	−0.0210%	4h	0.07042	−0.128%	$7.6M	$3.3M	25x	as long as short
Nado SKY-PERP	+0.0065%	1h	0.07045	−0.085%	$70K	$25K	5x	as long as short
BloFin SKY-USDTlong	+0.0090%	4h	0.07051	long leg	$586K	$30K	75x
Lighter SKY	+0.0096%	1h	0.07056	+0.069%	$189K	$160K	10x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07051	+0.001%	$42K	$43K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07054	+0.042%	$16.0M	$10.2M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07048	−0.043%	$850K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07042	−0.128%	$603K	$259K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07053	+0.028%	$1.1M	$288K	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	0.07043	−0.113%	$420K	$290K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07050	−0.014%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDTshort	+0.0100%	4h	0.07049	−0.028%	—	$2.4M	—
ApeX Omni SKYUSDT	+0.0100%	1h	0.07044	−0.099%	$22K	$679K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07049	−0.027%	$1K	$2K	10x	as long as short
Injective SKY/USDC PERP	+0.0158%	1h	0.07172	+1.716%	$392	$303K	12x	as long as short
Hyperliquid SKY	+0.0217%	1h	0.07066	+0.208%	$3.0M	$889K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0527% / S −0.0248%	1h	0.07050	−0.010%	$84K	—	50x	as long as short