Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h +0.011%
Price spread now: BingX against Injective−1.757%7-day average −0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.192%+$19 on $10k
+Price spread, last 3 days (all we have)+1.614%+$161 · spread now −1.757%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 1.749% cheaper against Injective than usual: you would sell low and buy high (−$175 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.192%, so the current rate has only just turned against you.
| 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 | 8m 49s | $392 | $303K | 12x |
| Short | BingX SKY-USDT | 0.07046 | 0.0100 | get 0.0050% / 4h | 8m 49s | — | $2.4M | — |
Injective SKY/USDC PERP
BingX SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −1.757% → −0.008%
- −$174.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$197.15
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; BingX: live order book, 10 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 BingX live order book, 10 min ago | 3.55 bp | 20.4 bp −$20 | 59.9 bp −$599 | 261.9 bp −$26.2K | 841.3 bp −$420.7K |
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 | −0.0699% | 4h | 0.07032 | −1.952% | $193K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0232% | 4h | 0.07041 | −1.827% | $7.6M | $3.3M | 25x | as long as short |
| Nado SKY-PERP | +0.0066% | 1h | 0.07045 | −1.774% | $70K | $25K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07052 | −1.668% | $188K | $159K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07051 | −1.690% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07051 | −1.690% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07047 | −1.743% | $850K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07039 | −1.854% | $602K | $259K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07050 | −1.701% | $1.1M | $288K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07043 | −1.799% | $420K | $290K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Nado SKY-PERP
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.07046 | −1.757% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDTshort | +0.0100% | 4h | 0.07046 | −1.757% | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07044 | −1.785% | $22K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07050 | −1.694% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0146% | 4h | 0.07042 | −1.813% | $587K | $29K | 75x | as long as short |
| Injective SKY/USDC PERPlong | +0.0158% | 1h | 0.07172 | long leg | $392 | $303K | 12x | |
| Hyperliquid SKY | +0.0210% | 1h | 0.07060 | −1.562% | $3.0M | $888K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07050 | −1.708% | $83K | — | 50x | as long as short |
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]