SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h +0.007%

Price spread now: KuCoin against BloFin+0.073%7-day average −0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$588as in the Funding arb table

Net, price: spread back to 7d avg − costs−$575as in the Price arb table

costs, in and out, $10k−$5905.905% of the position

Long on BloFin Short on KuCoin

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)−0.489%−$49 · spread now +0.073%, 7d avg −0.086%

Together, before fees−0.467%−$47 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.159% dearer against BloFin than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.086%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKY-USDT	0.06873	0.0151	pay 0.0076% / 4h	2h 45m	$584K	$29K	75x
Short	KuCoin SKYUSDTM	0.06878	0.0100	get 0.0050% / 4h	2h 45m	$403K	$292K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee KuCoinbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$10.76
Price spread: +0.073% → −0.086%: $15.85
Slippage, 4 orders: −$566.49
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$585.4
Costs to cover: 5.905%
Break-even: never at this rate

Slippage from BloFin: live order book, 46 min ago; KuCoin: live order book, 13 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, 46 min ago	0.73 bp	9.5 bp −$9	28.8 bp −$288	doesn't fit	doesn't fit
Sell KuCoin live order book, 13 min ago	32.82 bp	275.4 bp −$275	444.1 bp −$4,441	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	+0.0033%	1h	0.06893	+0.291%	$376	$303K	12x	as long as short
Variational Omni SKY	+0.0077%	4h	0.06863	−0.141%	$183K	$113K	—	as long as short
Lighter SKY	+0.0096%	1h	0.06874	+0.017%	$179K	$118K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06873	−0.004%	$75K	$32K	5x	as long as short
Hyperliquid SKY	+0.0100%	1h	0.06881	+0.111%	$2.8M	$908K	3x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06877	+0.065%	$42K	$42K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06873	+0.006%	$15.7M	$11.0M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06864	−0.131%	$7.2M	$3.2M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06872	−0.015%	$817K	$1.1M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06866	−0.102%	$584K	$286K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.06875	+0.029%	$1.0M	$261K	100x	as long as short
KuCoin SKYUSDTMshort	+0.0100%	4h	0.06878	+0.073%	$403K	$292K	50x
Bitget SKYUSDT	+0.0100%	4h	0.06876	+0.044%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06870	−0.044%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06874	+0.015%	$27K	$649K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06877	+0.064%	$1K	$3K	10x	as long as short
BloFin SKY-USDTlong	+0.0151%	4h	0.06873	long leg	$584K	$29K	75x
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06871	−0.022%	$81K	—	50x	as long as short