Funding you earn now, next payment 01:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h −0.006%
Price spread now: Injective against Nado+1.763%109s7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Injective is 1.763% dearer against Nado than usual: you sell high and buy low (spread +1.763% now, against zero (this spread has no 7-day history yet)): +$176 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8 months. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SKY-PERP | 0.07048 | 0.0056 | pay 0.0007% / 1h | 25m 34s | $69K | $27K | 5x |
| Short | Injective SKY/USDC PERP | 0.07172 | 0.0033 | get 0.0004% / 1h | 25m 34s | $392 | $303K | 12x |
Nado SKY-PERP
Injective SKY/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. 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
- −$4.86
- Price spread: +1.763% → 0.000%
- $176.3
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $164.41
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Nado and 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 | −0.0561% | 4h | 0.07044 | −0.048% | $202K | $117K | — | as long as short |
| Bybit SKYUSDT | −0.0158% | 4h | 0.07038 | −0.138% | $7.6M | $3.5M | 25x | as long as short |
| Injective SKY/USDC PERPshort | +0.0033% | 1h | 0.07172 | +1.763% | $392 | $303K | 12x | |
| Nado SKY-PERPlong | +0.0056% | 1h | 0.07048 | long leg | $69K | $27K | 5x | |
| Lighter SKY | +0.0096% | 1h | 0.07051 | +0.046% | $190K | $171K | 10x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.07059 | +0.165% | $2.9M | $899K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07052 | +0.065% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07047 | −0.011% | $16.3M | $10.8M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07048 | +0.004% | $846K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07038 | −0.138% | $591K | $265K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
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 | 0.07046 | −0.025% | $1.0M | $284K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07037 | −0.153% | $412K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07044 | −0.053% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07043 | −0.067% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07047 | −0.011% | $24K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07053 | +0.070% | $946 | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0137% | 4h | 0.07043 | −0.067% | $595K | $30K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07055 | +0.101% | $84K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]