SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.006%

Price spread now: BloFin against Orderly+0.038%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. BloFin is 0.038% dearer against Orderly than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SKY_USDC_mythos	0.06869	0.0100	pay 0.0050% / 4h	47m 15s	$1K	$3K	10x
Short	BloFin SKY-USDT	0.06872	0.0073	get 0.0037% / 4h	47m 15s	$584K	$29K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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 OrderlybpFee BloFinbpOrdersPrice spread, now +0.038%Rate

Funding earned: −$5.59
Price spread: +0.038% → 0.000%: $3.78
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$19.8
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 54 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 Orderly no order-book sample	—	—	—	—	—
Sell BloFin live order book, 54 min ago	2.89 bp	22.6 bp −$23	48.1 bp −$481	doesn't fit	doesn't fit

Orderly: 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	−0.0252%	4h	0.06861	−0.118%	$183K	$113K	—	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.344%	$376	$303K	12x	as long as short
Bybit SKYUSDT	+0.0068%	4h	0.06863	−0.093%	$7.2M	$3.2M	25x	as long as short
BloFin SKY-USDTshort	+0.0073%	4h	0.06872	+0.038%	$584K	$29K	75x
Lighter SKY	+0.0096%	1h	0.06870	+0.001%	$179K	$177K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06867	−0.039%	$73K	$30K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06870	+0.002%	$42K	$42K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06870	+0.009%	$15.7M	$10.9M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06863	−0.093%	$822K	$1.2M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06863	−0.093%	$596K	$271K	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	0.06870	+0.009%	$1.0M	$262K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06869	−0.006%	$404K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06869	−0.006%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06867	−0.035%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06871	+0.023%	$27K	$661K	50x	as long as short
Orderly PERP_SKY_USDC_mythoslong	+0.0100%	4h	0.06869	long leg	$1K	$3K	10x
Hyperliquid SKY	+0.0188%	1h	0.06881	+0.172%	$2.8M	$929K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06867	−0.028%	$81K	—	50x	as long as short