Funding you earn now, next payment 00:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.003%
Price spread now: ApeX Omni against BloFin+0.183%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$680.682% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.183%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.186% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKY-USDT | 0.07097 | 0.0062 | pay 0.0031% / 4h | 40m 58s | $592K | $29K | 75x |
| Short | ApeX Omni SKYUSDT | 0.07110 | 0.0100 | get 0.0013% / 1h | 40m 58s | $20K | $682K | 50x |
BloFin SKY-USDT
ApeX Omni SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- $8
- Price spread: +0.183% → −0.003%
- $18.57
- Slippage, 4 orders
- −$46.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$41.64
- Costs to cover
- 0.682%
- Break-even
- 43.4 days
Slippage from BloFin: live order book, 35 min ago; ApeX Omni: live order book, 37 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 BloFin live order book, 35 min ago | 2.12 bp | 17.4 bp −$17 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 8.46 bp | 17.2 bp −$17 | 108.8 bp −$1,088 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0557% | 4h | 0.07104 | +0.093% | $195K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0248% | 4h | 0.07074 | −0.324% | $7.6M | $3.4M | 25x | as long as short |
| BloFin SKY-USDTlong | +0.0062% | 4h | 0.07097 | long leg | $592K | $29K | 75x | |
| Lighter SKY | +0.0096% | 1h | 0.07091 | −0.087% | $186K | $155K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07087 | −0.134% | $70K | $25K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07098 | +0.017% | $43K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07088 | −0.127% | $16.1M | $10.4M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07079 | −0.254% | $852K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07075 | −0.310% | $604K | $255K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07091 | −0.085% | $1.1M | $285K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07088 | −0.127% | $424K | $290K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07081 | −0.225% | $2.9M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07072 | −0.352% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.07110 | +0.183% | $20K | $682K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07089 | −0.106% | $1K | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.0157% | 1h | 0.07095 | −0.031% | $3.0M | $927K | 3x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.057% | $392 | $303K | 12x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0527% / S −0.0248% | 1h | 0.07087 | −0.142% | $84K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
Injective SKY/USDC PERP
GMX SKY/USD [ETH-USDC]