Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against KuCoin+0.073%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$436as in the Price arb table
costs, in and out, $10k−$4354.349% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now +0.073%, 7d avg +0.087%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKYUSDTM | 0.06860 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $404K | $291K | 50x |
| Short | BloFin SKY-USDT | 0.06865 | 0.0097 | get 0.0049% / 4h | 3h 29m | $582K | $29K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- −$0.61
- Price spread: +0.073% → +0.087%
- −$1.43
- Slippage, 4 orders
- −$410.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$436.95
- Costs to cover
- 4.349%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 43 min ago; BloFin: live order book, 67 min ago.
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 KuCoin live order book, 43 min ago | 21.11 bp | 183.5 bp −$183 | 246.0 bp −$2,460 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 2.19 bp | 21.8 bp −$22 | 46.3 bp −$463 | doesn't fit | doesn't fit |
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 | +0.481% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | −0.0079% | 4h | 0.06869 | +0.136% | $183K | $113K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06866 | +0.082% | $179K | $139K | 10x | as long as short |
| BloFin SKY-USDTshort | +0.0097% | 4h | 0.06865 | +0.073% | $582K | $29K | 75x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06866 | +0.091% | $76K | $31K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06869 | +0.137% | $42K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06866 | +0.094% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06859 | −0.015% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06857 | −0.044% | $819K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06865 | +0.073% | $595K | $270K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06866 | +0.087% | $1.0M | $265K | 100x | as long as short |
| KuCoin SKYUSDTMlong | +0.0100% | 4h | 0.06860 | long leg | $404K | $291K | 50x | |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06866 | +0.087% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06865 | +0.073% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06874 | +0.204% | $27K | $652K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06864 | +0.064% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0233% | 1h | 0.06878 | +0.257% | $2.8M | $909K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06864 | +0.057% | $81K | — | 50x | as long as short |
KuCoin SKYUSDTM
BloFin SKY-USDT
Injective SKY/USDC PERP
Variational Omni SKY
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]