SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.11 per $10,000 · paid last 24h +0.161%

Price spread now: Hyperliquid against Nado+0.160%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Hyperliquid

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.160% dearer against Nado than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SKY-PERP	0.06879	0.0100	pay 0.0012% / 1h	3m 47s	$72K	$31K	5x
Short	Hyperliquid SKY	0.06890	0.0192	get 0.0024% / 1h	3m 47s	$2.8M	$867K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee HyperliquidbpOrdersPrice spread, now +0.160%Rate

Funding earned: $19.32
Price spread: +0.160% → 0.000%: $15.99
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $19.31
Costs to cover: 0.160%
Break-even: 0.0 days

Slippage unknown: Nado: no order-book sample; Hyperliquid: live order book, 7 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 Nado no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 7 min ago	6.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.196%	$376	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.06881	+0.020%	$180K	$117K	10x	as long as short
Nado SKY-PERPlong	+0.0100%	1h	0.06879	long leg	$72K	$31K	5x
Aster SKYUSDT	+0.0100%	4h	0.06879	−0.003%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06879	−0.007%	$15.6M	$11.1M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06876	−0.051%	$7.2M	$3.1M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06875	−0.065%	$804K	$1.1M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06874	−0.080%	$586K	$287K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06878	−0.022%	$1.0M	$270K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06881	+0.022%	$403K	$292K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKYUSDT	+0.0100%	4h	0.06880	+0.007%	$2.8M	$1.4M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06878	−0.022%	—	$2.4M	—	as long as short
Variational Omni SKY	+0.0100%	4h	0.06886	+0.092%	$184K	$98K	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06879	−0.007%	$26K	$645K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06878	−0.015%	$1K	$3K	10x	as long as short
BloFin SKY-USDT	+0.0137%	4h	0.06895	+0.225%	$583K	$31K	75x	as long as short
Hyperliquid SKYshort	+0.0192%	1h	0.06890	+0.160%	$2.8M	$867K	3x
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06879	−0.001%	$82K	—	50x	as long as short