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 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against BingX−0.398%83s7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 4 days (all we have)+1.052%+$105 · spread now −0.398%, 7d avg +0.070%
Together, before fees+0.942%+$94 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.468% cheaper against BingX than usual: you would sell low and buy high, −$47 on $10k if it goes back to its 7-day average of +0.070%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SKY-USDT0.067830.0100pay 0.0050% / 4h3h 22m$2.5M
ShortApeX Omni SKYUSDT0.067560.0100get 0.0013% / 1h22m 04s$34K$653K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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
$0
Price spread: −0.398% → +0.070%
−$46.81
Slippage, 4 orders
−$44.89
Fee BingX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$111.7
Costs to cover
0.649%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; ApeX Omni: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago2.95 bp13.8 bp −$1452.2 bp −$522258.7 bp −$25.9K950.8 bp −$475.4K
Sell ApeX Omni live order book, 11 min ago7.38 bp14.9 bp −$1598.8 bp −$988doesn't fitdoesn't fit

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−0.0041%4h0.06745−0.565%$180K$98Kas long as short
Bybit SKYUSDT−0.0003%4h0.06779−0.059%$7.1M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+1.622%$376$303K12xas long as short
Lighter SKY+0.0096%1h0.06782−0.009%$179K$106K10xas long as short
Nado SKY-PERP+0.0100%1h0.06780−0.041%$67K$35K5xas long as short
Hyperliquid SKY+0.0100%1h0.06791+0.122%$2.8M$923K3xas long as short
Aster SKYUSDT+0.0100%4h0.06786+0.042%$41K$45K20xas long as short
Binance SKYUSDT+0.0100%4h0.06783−0.002%$15.2M$11.6M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06775−0.118%$794K$1.2M20xas long as short
Gate SKY_USDT+0.0100%4h0.06773−0.147%$580K$295K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06781−0.029%$998K$268K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06779−0.059%$402K$293K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06778−0.074%$2.8M$1.5M75xas long as short
BingX SKY-USDTlong+0.0100%4h0.06783long leg$2.5M
ApeX Omni SKYUSDTshort+0.0100%1h0.06756−0.398%$34K$653K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06783+0.001%$1K$5K10xas long as short
BloFin SKY-USDT+0.0156%4h0.06760−0.339%$577K$28K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0518% / S −0.0248%1h0.06783−0.006%$80K50xas long as short