Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.132%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2002.004% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.132%, 7d avg +0.120%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKY_USDT | 0.06818 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $583K | $293K | 50x |
| Short | MEXC SKY_USDT | 0.06827 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1.0M | $267K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.132% → +0.120%
- $1.17
- Slippage, 4 orders
- −$181.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$199.22
- Costs to cover
- 2.004%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; MEXC: live order book, 1 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, 56 min ago | 5.16 bp | 77.4 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 2.93 bp | 10.9 bp −$11 | 75.4 bp −$754 | 286.4 bp −$28.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.0259% | 4h | 0.06825 | +0.103% | $7.1M | $3.3M | 25x | as long as short |
| Variational Omni SKY | −0.0004% | 4h | 0.06831 | +0.196% | $182K | $98K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +1.100% | $376 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06826 | +0.117% | $179K | $105K | 10x | as long as short |
| BloFin SKY-USDT | +0.0098% | 4h | 0.06817 | −0.015% | $580K | $28K | 75x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06828 | +0.150% | $69K | $35K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06839 | +0.311% | $2.8M | $888K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06830 | +0.181% | $42K | $45K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06828 | +0.145% | $15.4M | $11.5M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06821 | +0.044% | $799K | $1.2M | 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_USDTlong | +0.0100% | 4h | 0.06818 | long leg | $583K | $293K | 50x | |
| MEXC SKY_USDTshort | +0.0100% | 4h | 0.06827 | +0.132% | $1.0M | $267K | 100x | |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06823 | +0.073% | $403K | $293K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06823 | +0.073% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06825 | +0.103% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06827 | +0.132% | $34K | $654K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06835 | +0.246% | $1K | $5K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0521% / S −0.0248% | 1h | 0.06831 | +0.188% | $81K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
Bybit SKYUSDT
Variational Omni SKY
Injective SKY/USDC PERP
Lighter SKY
BloFin SKY-USDT
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
GMX SKY/USD [ETH-USDC]