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 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.030%+$3 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SKY-USDT0.068480.0100pay 0.0050% / 4h3h 23m$2.4M
ShortBloFin SKY-USDT0.068510.0160get 0.0080% / 4h3h 23m$582K$29K75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago3.65 bp19.3 bp −$1951.5 bp −$515263.1 bp −$26.3K1007.0 bp −$503.5K
Sell BloFin live order book, 8 min ago0.73 bp26.5 bp −$2652.6 bp −$526doesn'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
Injective SKY/USDC PERP−0.0269%1h0.06893+0.657%$376$303K12xas long as short
Variational Omni SKY−0.0096%4h0.06841−0.106%$183K$113Kas long as short
Lighter SKY+0.0096%1h0.06851+0.039%$179K$139K10xas long as short
Nado SKY-PERP+0.0100%1h0.06852+0.055%$75K$32K5xas long as short
Aster SKYUSDT+0.0100%4h0.06854+0.094%$41K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06854+0.088%$15.7M$11.0M75xas long as short
Bybit SKYUSDT+0.0100%4h0.068480.000%$7.2M$3.2M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06850+0.029%$818K$1.1M20xas long as short
Gate SKY_USDT+0.0100%4h0.06850+0.029%$593K$271K50xas long as short
MEXC SKY_USDT+0.0100%4h0.06853+0.073%$1.0M$265K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.06854+0.088%$403K$292K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06852+0.058%$2.8M$1.5M75xas long as short
BingX SKY-USDTlong+0.0100%4h0.06848long leg$2.4M
ApeX Omni SKYUSDT+0.0100%1h0.06853+0.073%$27K$652K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06853+0.070%$1K$3K10xas long as short
BloFin SKY-USDTshort+0.0160%4h0.06851+0.044%$582K$29K75x
Hyperliquid SKY+0.0245%1h0.06863+0.212%$2.8M$907K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06851+0.045%$81K50xas long as short