SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Gate+0.199%63s7-day average +0.133% · you sell dearer than you buy

Net, funding: paid 7d − costs−$192as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2082.077% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.199%, 7d avg +0.133%

Together, before fees+0.160%+$16 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: BloFin is 0.065% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.133%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SKY_USDT	0.07036	0.0100	pay 0.0050% / 4h	3h 18m	$591K	$265K	50x
Short	BloFin SKY-USDT	0.07050	0.0109	get 0.0054% / 4h	3h 18m	$598K	$30K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.199%Rate

Funding earned: $1.82
Price spread: +0.199% → +0.133%: $6.55
Slippage, 4 orders: −$180.7
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$199.34
Costs to cover: 2.077%
Break-even: 775.6 days

Slippage from Gate: live order book, 53 min ago; BloFin: live order book, 53 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 Gate live order book, 53 min ago	2.84 bp	76.5 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 53 min ago	1.42 bp	19.7 bp −$20	42.9 bp −$429	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
Variational Omni SKY	−0.0594%	4h	0.07042	+0.090%	$203K	$118K	—	as long as short
Bybit SKYUSDT	−0.0399%	4h	0.07024	−0.171%	$7.6M	$3.5M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+1.933%	$392	$303K	12x	as long as short
Nado SKY-PERP	+0.0065%	1h	0.07018	−0.249%	$70K	$28K	5x	as long as short
Lighter SKY	+0.0096%	1h	0.07033	−0.043%	$189K	$171K	10x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07028	−0.109%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07032	−0.057%	$16.2M	$10.8M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07025	−0.156%	$845K	$1.3M	20x	as long as short
Gate SKY_USDTlong	+0.0100%	4h	0.07036	long leg	$591K	$265K	50x
MEXC SKY_USDT	+0.0100%	4h	0.07031	−0.071%	$1.0M	$285K	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	0.07037	+0.014%	$416K	$292K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07030	−0.085%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07029	−0.099%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07056	+0.284%	$24K	$681K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07027	−0.122%	$943	$3K	10x	as long as short
BloFin SKY-USDTshort	+0.0109%	4h	0.07050	+0.199%	$598K	$30K	75x
Hyperliquid SKY	+0.0114%	1h	0.07042	+0.085%	$2.9M	$903K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0526% / S −0.0248%	1h	0.07028	−0.117%	$83K	—	50x	as long as short