Funding you earn now, next payment 09:00 UTC−0.0419%/8h= −45.9% APRnext payment −$0.52 per $10,000 · paid last 24h −0.123%
Price spread now: ApeX Omni against GMX−0.197%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 against this trade now: funding costs −$13 a day on $10k at the current rate, and ApeX Omni is 0.197% cheaper against GMX than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SKY/USD [ETH-USDC] | 0.06793 | L +0.0519% / S −0.0248% | pay 0.0065% / 1h | 57m 17s | $80K | — | 50x |
| Short | ApeX Omni SKYUSDT | 0.06780 | 0.0100 | get 0.0013% / 1h | 57m 17s | $27K | $649K | 50x |
GMX SKY/USD [ETH-USDC]
ApeX Omni SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$88.03
- Price spread: −0.197% → 0.000%
- −$19.73
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$129.75
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 41 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 41 min ago | 6.63 bp | 15.6 bp −$16 | 98.0 bp −$980 | doesn't fit | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.0370% | 4h | 0.06786 | −0.109% | $7.1M | $3.2M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +1.466% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0049% | 4h | 0.06785 | −0.124% | $581K | $28K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06790 | −0.054% | $178K | $105K | 10x | as long as short |
| Variational Omni SKY | +0.0099% | 4h | 0.06778 | −0.225% | $181K | $98K | — | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06781 | −0.186% | $69K | $31K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06800 | +0.094% | $2.8M | $864K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06788 | −0.084% | $41K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06789 | −0.065% | $15.3M | $11.1M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06787 | −0.094% | $794K | $1.2M | 20x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Variational Omni SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | +0.0100% | 4h | 0.06779 | −0.212% | $575K | $284K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06787 | −0.094% | $1.0M | $265K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06791 | −0.035% | $398K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06786 | −0.109% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06790 | −0.050% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.06780 | −0.197% | $27K | $649K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06794 | +0.006% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC]long | L +0.0519% / S −0.0248% | 1h | 0.06793 | long leg | $80K | — | 50x |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos