SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.007%

Price spread now: MEXC against BloFin+0.058%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$560.556% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.202%−$20 · spread now +0.058%, 7d avg −0.006%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.064% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKY-USDT	0.06839	0.0051	pay 0.0025% / 4h	2h 14m	$577K	$29K	75x
Short	MEXC SKY_USDT	0.06843	0.0100	get 0.0050% / 4h	2h 14m	$1.0M	$268K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.058%Rate

Funding earned: $10.33
Price spread: +0.058% → −0.006%: $6.44
Slippage, 4 orders: −$39.6
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$38.83
Costs to cover: 0.556%
Break-even: 33.3 days

Slippage from BloFin: live order book, 11 min ago; MEXC: live order book, 21 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, 11 min ago	2.94 bp	13.3 bp −$13	32.2 bp −$322	doesn't fit	doesn't fit
Sell MEXC live order book, 21 min ago	0.73 bp	6.9 bp −$7	100.7 bp −$1,007	292.1 bp −$29.2K	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
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.790%	$376	$303K	12x	as long as short
Variational Omni SKY	+0.0034%	4h	0.06826	−0.185%	$182K	$113K	—	as long as short
BloFin SKY-USDTlong	+0.0051%	4h	0.06839	long leg	$577K	$29K	75x
Lighter SKY	+0.0096%	1h	0.06841	+0.028%	$179K	$119K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06835	−0.062%	$71K	$34K	5x	as long as short
Hyperliquid SKY	+0.0100%	1h	0.06850	+0.164%	$2.8M	$898K	3x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06841	+0.036%	$42K	$42K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06842	+0.048%	$15.6M	$11.1M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06835	−0.058%	$7.1M	$3.0M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06836	−0.044%	$804K	$1.1M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SKY_USDT	+0.0100%	4h	0.06825	−0.205%	$581K	$293K	50x	as long as short
MEXC SKY_USDTshort	+0.0100%	4h	0.06843	+0.058%	$1.0M	$268K	100x
KuCoin SKYUSDTM	+0.0100%	4h	0.06841	+0.029%	$401K	$292K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06840	+0.015%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06839	0.000%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06839	0.000%	$27K	$647K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06840	+0.020%	$1K	$3K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0521% / S −0.0248%	1h	0.06839	−0.001%	$81K	—	50x	as long as short