Funding spread now, next payment 15:00 UTC+0.0507%/8h
next payment, per $10,000+$0.63paid, last 24h+0.094%paid, last 3 days+0.123%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid 0.123% in total (about 16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SKY/USD [ETH-USDC] | 0.07238 | L +0.0543% / S −0.0248% | pay 0.0068% / 1h | 49m 51s | $86K | — | 50x |
| Short | Hyperliquid SKY | 0.07248 | 0.1049 | get 0.0131% / 1h | 49m 51s | $3.1M | $896K | 3x |
GMX SKY/USD [ETH-USDC]
Hyperliquid SKYFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $106.42
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $85.42
- Break-even
- 1.4 days
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.148%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 3 min ago | 2.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SKY on 18 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | +0.0033% | 1h | $398 | $152K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | $195K | $166K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | $75K | $24K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | $43K | $39K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | $16.8M | $9.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | $8.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | $876K | $1.5M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | $611K | $208K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | $1.1M | $275K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | $455K | $294K | 50x | as long as short |
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | $3.0M | $1.9M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Variational Omni SKY | +0.0100% | 4h | $196K | $88K | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | $21K | $687K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | $702 | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0135% | 4h | $634K | $610K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC]long | L +0.0543% / S −0.0248% | 1h | $86K | — | 50x | |
| Hyperliquid SKYshort | +0.1049% | 1h | $3.1M | $896K | 3x |
Bitget SKYUSDT
BingX SKY-USDT
Variational Omni SKY
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT