Funding you earn now, next payment 23:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.038%
Price spread now: GMX against Orderly−0.285%59s7-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—needs both histories
Funding pays, the price is against you. GMX is 0.285% cheaper against Orderly than usual: you would sell low and buy high (spread −0.285% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 6.4 days of funding at the current rate (+$4 a day). The two prices were read 59 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 | Orderly PERP_SKY_USDC_mythos | 0.07194 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $698 | $2K | 10x |
| Short | GMX SKY/USD [ETH-USDC] | 0.07173 | L +0.0532% / S −0.0248% | get 0.0031% / 1h | 49m 29s | $85K | — | 50x |
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Orderly. 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
- $31.01
- Price spread: −0.285% → 0.000%
- −$28.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$15.49
- Costs to cover
- 0.180%
- Break-even
- 10.5 days
Slippage unknown: Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Orderly 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 | −0.0493% | 4h | 0.07181 | −0.171% | $198K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0118% | 4h | 0.07165 | −0.399% | $7.8M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07197 | +0.046% | $393 | $260K | 12x | as long as short |
| Nado SKY-PERP | +0.0019% | 1h | 0.07174 | −0.274% | $71K | $25K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07179 | −0.203% | $188K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07177 | −0.225% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07175 | −0.254% | $16.5M | $9.5M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07163 | −0.427% | $860K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07175 | −0.260% | $616K | $252K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07174 | −0.274% | $1.1M | $280K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07172 | −0.302% | $441K | $279K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07176 | −0.246% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07170 | −0.329% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07197 | +0.046% | $20K | $687K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythoslong | +0.0100% | 4h | 0.07194 | long leg | $698 | $2K | 10x | |
| BloFin SKY-USDT | +0.0117% | 4h | 0.07196 | +0.032% | $606K | $609K | 75x | as long as short |
| Hyperliquid SKY | +0.0394% | 1h | 0.07181 | −0.172% | $3.0M | $906K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC]short | L +0.0532% / S −0.0248% | 1h | 0.07173 | −0.285% | $85K | — | 50x |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
BloFin SKY-USDT
Hyperliquid SKY