Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against BloFin+0.087%48s7-day average −0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2252.253% of the position
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 4 days (all we have)−0.366%−$37 · spread now +0.087%, 7d avg −0.130%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.217% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.130%. Mind the row above: over the last 7 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKY-USDT | 0.06866 | 0.0067 | pay 0.0033% / 4h | 20m 26s | $582K | $29K | 75x |
| Short | Gate SKY_USDT | 0.06872 | 0.0100 | get 0.0050% / 4h | 20m 26s | $595K | $272K | 50x |
BloFin SKY-USDT
Gate SKY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $6.99
- Price spread: +0.087% → −0.130%
- $21.71
- Slippage, 4 orders
- −$198.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$196.55
- Costs to cover
- 2.253%
- Break-even
- 203.9 days
Slippage from BloFin: live order book, 16 min ago; Gate: live order book, 36 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, 16 min ago | 2.19 bp | 18.9 bp −$19 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Gate live order book, 36 min ago | 4.36 bp | 84.1 bp −$84 | doesn't fit | 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 | −0.0166% | 4h | 0.06860 | −0.091% | $183K | $113K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +0.393% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDTlong | +0.0067% | 4h | 0.06866 | long leg | $582K | $29K | 75x | |
| Lighter SKY | +0.0096% | 1h | 0.06866 | −0.001% | $179K | $177K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06865 | −0.007% | $73K | $30K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06870 | +0.052% | $41K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06867 | +0.012% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06858 | −0.117% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06859 | −0.102% | $819K | $1.2M | 20x | as long as short |
| Gate SKY_USDTshort | +0.0100% | 4h | 0.06872 | +0.087% | $595K | $272K | 50x |
Variational Omni SKY
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06867 | +0.015% | $1.0M | $265K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06872 | +0.087% | $404K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06870 | +0.058% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06862 | −0.058% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06877 | +0.160% | $27K | $661K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06869 | +0.039% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0308% | 1h | 0.06871 | +0.076% | $2.8M | $911K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06864 | −0.022% | $81K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]