SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0264%/8h= −28.9% APRpaid last 24h −0.234%

Price spread now: MEXC against Hyperliquid−0.169%7-day average −0.161% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$630.635% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.398%−$40 on $10k

Price spread, last 7 days+0.008%+$1 · spread now −0.169%, 7d avg −0.161%

Together, before fees−0.390%+ Points / potential airdropHyperliquid: Season 2 · farm board−$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.161%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid SKY	0.07220	0.0364	pay 0.0046% / 1h	15m 37s	$3.0M	$906K	3x
Short	MEXC SKY_USDT	0.07208	0.0100	get 0.0050% / 4h	2h 15m	$1.1M	$283K	100x

Funding history

latest

Range statsloading…

MEXC against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HyperliquidbpFee MEXCbpOrdersPrice spread, now −0.169%Rate

Slippage from Hyperliquid: live order book, 6 min ago; MEXC: live order book, just now.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 6 min ago	4.85 bp	23.4 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, just now	2.08 bp	12.2 bp −$12	62.4 bp −$624	280.6 bp −$28.1K	doesn't fit

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	−0.0523%	4h	0.07193	−0.382%	$207K	$94K	—	as long as short
Bybit SKYUSDT	−0.0050%	4h	0.07198	−0.307%	$7.9M	$3.4M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07199	−0.294%	$393	$222K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.07210	−0.137%	$189K	$163K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.07206	−0.197%	$71K	$26K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07214	−0.092%	$43K	$36K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07206	−0.197%	$16.6M	$9.5M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07203	−0.238%	$872K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07200	−0.280%	$619K	$254K	50x	as long as short
MEXC SKY_USDTshort	+0.0100%	4h	0.07208	−0.169%	$1.1M	$283K	100x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTM	+0.0100%	4h	0.07192	−0.391%	$442K	$287K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07208	−0.169%	$3.0M	$2.0M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07204	−0.224%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07207	−0.183%	$20K	$687K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07214	−0.089%	$700	$2K	10x	as long as short
BloFin SKY-USDT	+0.0139%	4h	0.07199	−0.294%	$606K	$609K	75x	as long as short
Hyperliquid SKYlong	+0.0364%	1h	0.07220	long leg	$3.0M	$906K	3x
GMX SKY/USD [ETH-USDC]	L +0.0534% / S −0.0248%	1h	0.07210	−0.143%	$85K	—	50x	as long as short