SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.023%

Price spread now: Binance against Bybit+0.097%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$730.733% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.097%, 7d avg +0.053%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.044% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKYUSDT	0.06903	0.0008	pay 0.0004% / 4h	1h 08m	$7.2M	$3.2M	25x
Short	Binance SKYUSDT	0.06910	0.0100	get 0.0050% / 4h	1h 08m	$15.8M	$10.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.097%Rate

Funding earned: $19.24
Price spread: +0.097% → +0.053%: $4.36
Slippage, 4 orders: −$52.35
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.74
Costs to cover: 0.733%
Break-even: 25.1 days

Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 2 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 Bybit live order book, 4 min ago	3.62 bp	28.3 bp −$28	250.1 bp −$2,501	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.72 bp	17.3 bp −$17	61.5 bp −$615	316.7 bp −$31.7K	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	−0.0343%	4h	0.06905	+0.024%	$184K	$115K	—	as long as short
Bybit SKYUSDTlong	+0.0008%	4h	0.06903	long leg	$7.2M	$3.2M	25x
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+3.897%	$392	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.06908	+0.067%	$180K	$177K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06910	+0.098%	$73K	$30K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06912	+0.137%	$42K	$43K	20x	as long as short
Binance SKYUSDTshort	+0.0100%	4h	0.06910	+0.097%	$15.8M	$10.9M	75x
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06904	+0.014%	$820K	$1.2M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06907	+0.058%	$600K	$287K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06910	+0.101%	$1.0M	$273K	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	0.06901	−0.029%	$406K	$292K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06908	+0.072%	$2.9M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06906	+0.043%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06910	+0.101%	$27K	$663K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06921	+0.255%	$1K	$3K	10x	as long as short
BloFin SKY-USDT	+0.0108%	4h	0.06920	+0.246%	$588K	$29K	75x	as long as short
Hyperliquid SKY	+0.0522%	1h	0.06921	+0.255%	$2.8M	$926K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06913	+0.139%	$82K	—	50x	as long as short