Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.009%
Price spread now: ApeX Omni against Injective−1.840%7-day average +0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)+1.862%+$186 · spread now −1.840%, 7d avg +0.023%
=Funding pays, the price is against you. ApeX Omni is 1.863% cheaper against Injective than usual: you would sell low and buy high (spread −1.840% now, against its 7-day average of +0.023%). If the spread goes back, that is −$186 on $10k: about 3 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SKY/USDC PERP | 0.07172 | 0.0033 | pay 0.0004% / 1h | 26m 44s | $392 | $303K | 12x |
| Short | ApeX Omni SKYUSDT | 0.07040 | 0.0100 | get 0.0013% / 1h | 26m 44s | $24K | $680K | 50x |
Injective SKY/USDC PERP
ApeX Omni SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Injective. 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
- $14
- Price spread: −1.840% → +0.023%
- −$186.35
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$182.37
- Costs to cover
- 0.100%
- Break-even
- 98.2 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 47 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 47 min ago | 6.39 bp | 16.9 bp −$17 | 108.1 bp −$1,081 | doesn't fit | doesn't fit |
Injective: 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 | −0.0582% | 4h | 0.07032 | −1.953% | $201K | $127K | — | as long as short |
| Bybit SKYUSDT | −0.0238% | 4h | 0.07042 | −1.813% | $7.6M | $3.5M | 25x | as long as short |
| Injective SKY/USDC PERPlong | +0.0033% | 1h | 0.07172 | long leg | $392 | $303K | 12x | |
| Nado SKY-PERP | +0.0059% | 1h | 0.07045 | −1.774% | $69K | $27K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07051 | −1.680% | $190K | $171K | 10x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.07055 | −1.627% | $2.9M | $899K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07047 | −1.741% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07051 | −1.685% | $16.3M | $10.8M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07045 | −1.771% | $846K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07035 | −1.910% | $591K | $265K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Nado SKY-PERP
Lighter SKY
Hyperliquid 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 | 0.07052 | −1.673% | $1.0M | $284K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07036 | −1.896% | $412K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07044 | −1.785% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07038 | −1.868% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.07040 | −1.840% | $24K | $680K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07047 | −1.741% | $945 | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0137% | 4h | 0.07043 | −1.799% | $595K | $30K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07043 | −1.793% | $83K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]