Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against BingX+0.044%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now +0.044%, 7d avg +0.054%
=The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKY-USDT | 0.06848 | 0.0100 | pay 0.0050% / 4h | 3h 23m | — | $2.4M | — |
| Short | BloFin SKY-USDT | 0.06851 | 0.0160 | get 0.0080% / 4h | 3h 23m | $582K | $29K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $12.56
- Price spread: +0.044% → +0.054%
- −$1.02
- Slippage, 4 orders
- −$52.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.53
- Costs to cover
- 0.741%
- Break-even
- 41.8 days
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 8 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 BingX live order book, 11 min ago | 3.65 bp | 19.3 bp −$19 | 51.5 bp −$515 | 263.1 bp −$26.3K | 1007.0 bp −$503.5K |
| Sell BloFin live order book, 8 min ago | 0.73 bp | 26.5 bp −$26 | 52.6 bp −$526 | 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 | +0.657% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | −0.0096% | 4h | 0.06841 | −0.106% | $183K | $113K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06851 | +0.039% | $179K | $139K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06852 | +0.055% | $75K | $32K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06854 | +0.094% | $41K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06854 | +0.088% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06848 | 0.000% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06850 | +0.029% | $818K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06850 | +0.029% | $593K | $271K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06853 | +0.073% | $1.0M | $265K | 100x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06854 | +0.088% | $403K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06852 | +0.058% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.06848 | long leg | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06853 | +0.073% | $27K | $652K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06853 | +0.070% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDTshort | +0.0160% | 4h | 0.06851 | +0.044% | $582K | $29K | 75x | |
| Hyperliquid SKY | +0.0245% | 1h | 0.06863 | +0.212% | $2.8M | $907K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06851 | +0.045% | $81K | — | 50x | as long as short |
BingX SKY-USDT
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
KuCoin SKYUSDTM
Bitget SKYUSDT
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]