Funding you earn now, next payment 05:00 UTC−0.0362%/8h= −39.7% APRpaid last 24h −0.121%
Price spread now: BloFin against GMX−0.041%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$11 a day on $10k at the current rate, and BloFin is 0.041% cheaper against GMX than usual: you would sell low and buy high (−$4 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] | 0.06862 | L +0.0521% / S −0.0248% | pay 0.0065% / 1h | 56m 51s | $81K | — | 50x |
| Short | BloFin SKY-USDT | 0.06859 | 0.0159 | get 0.0079% / 4h | 3h 56m | $582K | $29K | 75x |
GMX SKY/USD [ETH-USDC]
BloFin SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$76.12
- Price spread: −0.041% → 0.000%
- −$4.08
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.2
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 39 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 BloFin live order book, 39 min ago | 2.19 bp | 21.8 bp −$22 | 46.3 bp −$463 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | −0.0269% | 1h | 0.06893 | +0.455% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | −0.0146% | 4h | 0.06830 | −0.459% | $182K | $113K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06860 | −0.023% | $179K | $139K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06860 | −0.030% | $76K | $31K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06868 | +0.095% | $2.8M | $913K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06863 | +0.020% | $41K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06862 | +0.009% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06852 | −0.143% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06852 | −0.143% | $817K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06856 | −0.085% | $593K | $268K | 50x | as long as short |
Injective SKY/USDC PERP
Variational Omni SKY
Lighter SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06863 | +0.017% | $1.0M | $263K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06858 | −0.055% | $403K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06858 | −0.055% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06860 | −0.026% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06842 | −0.289% | $27K | $653K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06862 | −0.001% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDTshort | +0.0159% | 4h | 0.06859 | −0.041% | $582K | $29K | 75x | |
| GMX SKY/USD [ETH-USDC]long | L +0.0521% / S −0.0248% | 1h | 0.06862 | long leg | $81K | — | 50x |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos