Funding you earn now, next payment 03:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h +0.004%
Price spread now: BloFin against Injective−3.820%7-day average +0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)+3.792%+$379 · spread now −3.820%, 7d avg +0.012%
=Funding pays, the price is against you. BloFin is 3.833% cheaper against Injective than usual: you would sell low and buy high (spread −3.820% now, against its 7-day average of +0.012%). If the spread goes back, that is −$383 on $10k: about 18 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.169% in total) that is about 5 months.
| 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 | 4m 21s | $392 | $303K | 12x |
| Short | BloFin SKY-USDT | 0.06898 | 0.0057 | get 0.0029% / 4h | 1h 04m | $586K | $29K | 75x |
Injective SKY/USDC PERP
BloFin SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.07
- Price spread: −3.820% → +0.012%
- −$383.27
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$390.22
- Costs to cover
- 0.120%
- Break-even
- 546.2 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 37 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 BloFin live order book, 37 min ago | 2.89 bp | 22.6 bp −$23 | 48.1 bp −$481 | 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 | −0.0318% | 4h | 0.06889 | −3.944% | $184K | $115K | — | as long as short |
| Bybit SKYUSDT | −0.0011% | 4h | 0.06896 | −3.848% | $7.2M | $3.2M | 25x | as long as short |
| Injective SKY/USDC PERPlong | +0.0033% | 1h | 0.07172 | long leg | $392 | $303K | 12x | |
| BloFin SKY-USDTshort | +0.0057% | 4h | 0.06898 | −3.820% | $586K | $29K | 75x | |
| Lighter SKY | +0.0096% | 1h | 0.06907 | −3.698% | $180K | $177K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06902 | −3.761% | $73K | $30K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06908 | −3.679% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06905 | −3.727% | $15.7M | $10.9M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06899 | −3.806% | $819K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06901 | −3.779% | $599K | $287K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Nado SKY-PERP
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 | 0.06907 | −3.695% | $1.0M | $273K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06896 | −3.848% | $406K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06907 | −3.695% | $2.9M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06899 | −3.806% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06911 | −3.639% | $27K | $663K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06905 | −3.723% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0476% | 1h | 0.06910 | −3.646% | $2.8M | $927K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0523% / S −0.0248% | 1h | 0.06903 | −3.747% | $82K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]