Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h +0.011%
Price spread now: ApeX Omni against Injective−0.809%108s7-day average +0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)+1.112%+$111 · spread now −0.809%, 7d avg +0.059%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and ApeX Omni is 0.868% cheaper against Injective than usual: you would sell low and buy high (−$87 if the spread goes back to its 7-day average of +0.059%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you. The two prices were read 108 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 | Injective SKY/USDC PERP | 0.07172 | 0.0158 | pay 0.0020% / 1h | 53m 31s | $392 | $303K | 12x |
| Short | ApeX Omni SKYUSDT | 0.07114 | 0.0100 | get 0.0013% / 1h | 53m 31s | $20K | $683K | 50x |
Injective SKY/USDC PERP
ApeX Omni SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- −$12.25
- Price spread: −0.809% → +0.059%
- −$86.79
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$109.07
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 25 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 25 min ago | 8.46 bp | 17.2 bp −$17 | 108.8 bp −$1,088 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0603% | 4h | 0.07097 | −1.052% | $195K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0198% | 4h | 0.07125 | −0.655% | $7.7M | $3.4M | 25x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07124 | −0.664% | $187K | $155K | 10x | as long as short |
| BloFin SKY-USDT | +0.0099% | 4h | 0.07113 | −0.823% | $592K | $29K | 75x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07131 | −0.565% | $71K | $26K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07133 | −0.546% | $43K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07132 | −0.553% | $16.2M | $10.4M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07133 | −0.544% | $858K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07116 | −0.781% | $607K | $255K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07134 | −0.530% | $1.1M | $284K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
BloFin SKY-USDT
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07125 | −0.655% | $430K | $290K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07132 | −0.558% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07131 | −0.572% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.07114 | −0.809% | $20K | $683K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07128 | −0.615% | $1K | $2K | 10x | as long as short |
| Injective SKY/USDC PERPlong | +0.0158% | 1h | 0.07172 | long leg | $392 | $303K | 12x | |
| Hyperliquid SKY | +0.0159% | 1h | 0.07144 | −0.395% | $3.0M | $926K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0529% / S −0.0248% | 1h | 0.07126 | −0.640% | $84K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]