SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h +0.041%

Price spread now: GMX against Nado+0.048%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

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 airdropNado: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.048% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SKY-PERP	0.07012	0.0100	pay 0.0012% / 1h	2m 42s	$70K	$28K	5x
Short	GMX SKY/USD [ETH-USDC]	0.07016	L +0.0526% / S −0.0248%	get 0.0031% / 1h	2m 42s	$83K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $31.01
Price spread: +0.048% → 0.000%: $4.85
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $16.86
Costs to cover: 0.190%
Break-even: 3.2 days

Slippage unknown: Nado: no order-book sample; GMX: 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 Nado no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Nado and 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: 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	−0.0552%	4h	0.07023	+0.153%	$202K	$118K	—	as long as short
Bybit SKYUSDT	−0.0297%	4h	0.07005	−0.107%	$7.5M	$3.4M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+2.275%	$392	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.07015	+0.033%	$189K	$171K	10x	as long as short
Nado SKY-PERPlong	+0.0100%	1h	0.07012	long leg	$70K	$28K	5x
Aster SKYUSDT	+0.0100%	4h	0.07015	+0.037%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07011	−0.021%	$16.2M	$10.9M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07008	−0.064%	$842K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06997	−0.221%	$587K	$266K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07012	−0.007%	$1.0M	$286K	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	0.07012	−0.007%	$411K	$293K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07008	−0.064%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07006	−0.093%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07032	+0.278%	$24K	$680K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07017	+0.058%	$941	$3K	10x	as long as short
BloFin SKY-USDT	+0.0103%	4h	0.07029	+0.235%	$596K	$30K	75x	as long as short
Hyperliquid SKY	+0.0174%	1h	0.07026	+0.197%	$2.9M	$903K	3x	as long as short
GMX SKY/USD [ETH-USDC]short	L +0.0526% / S −0.0248%	1h	0.07016	+0.048%	$83K	—	50x