Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

SKY

All SKY markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotSKY-USDT
0.06389spotno funding——$422K1xBuy OKX Spot
SHORT
OKXSKY-USDT-SWAP
0.06381+0.0014get 0.0007% / 4h3h 46m$876K$674K20xShort OKX
Price gap−0.125%
Funding gap+0.0014% /8h

Funding pays $0 a day on $10k, but the gap is 0.062% under its 7d average: −$6 if it goes back, about 15 days of funding. At the last 7 days' pace that is about 4.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0014% /8h now · paid +0.105% over the last 7D
Price−$6spread −0.125% now, avg −0.063% → −0.062% if it goes back
Costs−$1601.597% of $10k · taker + slippage, in and out
Result−$155−1.55%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.125%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SKY on 18 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size40.9 / 41.7 bp
    At $10k entering OKX costs 41.7 bp, fee and slippage, 1.0× OKX Spot’s.
  • Note: Spot in full, margin on the short$10,000 + $500
    The spot leg is bought with the whole $10k; OKX runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$0.41Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$0.41.
  • Watch: Gap narrower than usual−0.125% vs −0.063%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thin$876K OI
    OKX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0050%/8h × 21 periods+$10.52
Price spread−0.125% → −0.063% (7d avg)−$6.20
Slippage, 4 orderslive order books−$129.66
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$155.33
Costs to cover1.597%Break-even110.3 days
Slippage: OKX Spot: live order book, 13 min ago; OKX: live order book, 33 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot3.9540.9 bp−$41167.7 bp−$1,677doesn’t fitdoesn’t fit
SELL · SHORTOKX2.3541.7 bp−$42449.4 bp−$4,494doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SKY news

posts that mention SKY, from every exchange
11-03 07:08BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗