Settings8H · net · $10k
Funding arb · Price arb /

SKY

all SKY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.007%
Price spread now: Nado against Injective−0.076%49s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 0.076% cheaper against Injective than usual: you would sell low and buy high (spread −0.076% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.8 days of funding at the current rate (+$2 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SKY/USDC PERP0.071990.0033pay 0.0004% / 1h32m 30s$393$222K12x
ShortNado SKY-PERP0.071930.0100get 0.0012% / 1h32m 30s$71K$26K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$14
Price spread: −0.076% → 0.000%
−$7.64
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$0.66
Costs to cover
0.070%
Break-even
7.3 days
Slippage unknown: Injective: no order-book sample; Nado: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Nado no order-book sample
Injective and Nado: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKY−0.0605%4h0.07181−0.247%$207K$94Kas long as short
Bybit SKYUSDT−0.0261%4h0.07182−0.236%$7.9M$3.3M25xas long as short
Injective SKY/USDC PERPlong+0.0033%1h0.07199long leg$393$222K12x
Lighter SKY+0.0096%1h0.07195−0.050%$188K$163K10xas long as short
BloFin SKY-USDT+0.0097%4h0.07198−0.014%$608K$609K75xas long as short
Nado SKY-PERPshort+0.0100%1h0.07193−0.076%$71K$26K5x
Aster SKYUSDT+0.0100%4h0.07198−0.020%$43K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.07194−0.069%$16.6M$9.5M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07186−0.181%$871K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07189−0.139%$618K$254K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.07193−0.083%$1.1M$280K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.07184−0.208%$442K$287K50xas long as short
Bitget SKYUSDT+0.0100%4h0.07195−0.056%$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h0.07189−0.139%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07198−0.014%$20K$685K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07195−0.050%$698$2K10xas long as short
Hyperliquid SKY+0.0356%1h0.07205+0.089%$3.0M$904K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0534% / S −0.0248%1h0.07195−0.053%$85K50xas long as short