Funding you earn now, next payment 20:00 UTC−0.0358%/8hnext payment −$0.45 per $10,000 · paid last 24h −0.237%
Price spread now: Nado against Hyperliquid−0.129%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Nado is 0.129% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SKY | 0.07248 | 0.0458 | pay 0.0057% / 1h | 6m 11s | $3.1M | $888K | 3x |
| Short | Nado SKY-PERP | 0.07238 | 0.0100 | get 0.0012% / 1h | 6m 11s | $72K | $26K | 5x |
Hyperliquid SKY
Nado SKY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Hyperliquid. 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
- −$75.25
- Price spread: −0.129% → 0.000%
- −$12.9
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$104.15
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; Nado: no order-book sample. Net counts fees only.
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 Hyperliquid live order book, 9 min ago | 5.58 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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: 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 | −0.0458% | 4h | 0.07239 | −0.119% | $209K | $95K | — | as long as short |
| Bybit SKYUSDT | −0.0105% | 4h | 0.07229 | −0.257% | $8.0M | $3.2M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0043% | 1h | 0.07216 | −0.436% | $394 | $153K | 12x | as long as short |
| BloFin SKY-USDT | +0.0064% | 4h | 0.07260 | +0.171% | $619K | $613K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07240 | −0.098% | $190K | $162K | 10x | as long as short |
| Nado SKY-PERPshort | +0.0100% | 1h | 0.07238 | −0.129% | $72K | $26K | 5x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.07243 | −0.063% | $44K | $40K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07239 | −0.122% | $16.7M | $9.4M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07225 | −0.312% | $881K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07233 | −0.201% | $624K | $239K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07237 | −0.146% | $1.1M | $277K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07239 | −0.119% | $445K | $288K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07236 | −0.160% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07235 | −0.174% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07254 | +0.088% | $20K | $684K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07243 | −0.063% | $702 | $2K | 10x | as long as short |
| Hyperliquid SKYlong | +0.0458% | 1h | 0.07248 | long leg | $3.1M | $888K | 3x | |
| GMX SKY/USD [ETH-USDC] | L +0.0537% / S −0.0248% | 1h | 0.07237 | −0.145% | $86K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]