SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0518%/8h= +56.7% APRnext payment +$2.59 per $10,000 · paid last 24h +0.022%

Price spread now: Orderly against Bybit+0.094%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Orderly is 0.094% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKYUSDT	0.07021	−0.0418	get 0.0209% / 4h	3h 16m	$7.6M	$3.4M	25x
Short	Orderly PERP_SKY_USDC_mythos	0.07028	0.0100	get 0.0050% / 4h	3h 16m	$943	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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 BybitbpFee OrderlybpOrdersPrice spread, now +0.094%Rate

Funding earned: $108.7
Price spread: +0.094% → 0.000%: $9.4
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: $101.1
Costs to cover: 0.170%
Break-even: 0.5 days

Slippage unknown: Bybit: live order book, 2 min ago; Orderly: 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 Bybit live order book, 2 min ago	2.14 bp	30.3 bp −$30	137.3 bp −$1,373	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0621%	4h	0.07018	−0.044%	$202K	$118K	—	as long as short
Bybit SKYUSDTlong	−0.0418%	4h	0.07021	long leg	$7.6M	$3.4M	25x
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+2.151%	$392	$303K	12x	as long as short
BloFin SKY-USDT	+0.0040%	4h	0.07039	+0.256%	$597K	$30K	75x	as long as short
Nado SKY-PERP	+0.0070%	1h	0.07022	+0.011%	$70K	$28K	5x	as long as short
Lighter SKY	+0.0096%	1h	0.07031	+0.147%	$189K	$171K	10x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07031	+0.137%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07030	+0.128%	$16.2M	$10.9M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07024	+0.043%	$845K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07019	−0.028%	$589K	$265K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.07029	+0.114%	$1.0M	$285K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.07033	+0.171%	$416K	$293K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07028	+0.100%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07021	0.000%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07056	+0.499%	$24K	$681K	50x	as long as short
Orderly PERP_SKY_USDC_mythosshort	+0.0100%	4h	0.07028	+0.094%	$943	$3K	10x
Hyperliquid SKY	+0.0126%	1h	0.07039	+0.254%	$2.9M	$903K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0526% / S −0.0248%	1h	0.07027	+0.088%	$83K	—	50x	as long as short