Funding you earn now, next payment 05:00 UTC−0.0053%/8h= −5.8% APRpaid last 24h −0.007%
Price spread now: BloFin against ApeX Omni−0.233%103s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.692% of the position
Funding, last 7 days+0.093%+$9 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.233%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.229% cheaper against ApeX Omni than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.093%, so the current rate has only just turned against you. The two prices were read 103 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 | ApeX Omni SKYUSDT | 0.06863 | 0.0100 | pay 0.0013% / 1h | 19m 21s | $27K | $651K | 50x |
| Short | BloFin SKY-USDT | 0.06847 | 0.0047 | get 0.0023% / 4h | 3h 19m | $582K | $29K | 75x |
ApeX Omni SKYUSDT
BloFin SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against ApeX Omni. 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
- −$11.2
- Price spread: −0.233% → −0.004%
- −$22.88
- Slippage, 4 orders
- −$47.2
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.28
- Costs to cover
- 0.692%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 34 min ago; BloFin: live order book, 12 min ago.
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 ApeX Omni live order book, 34 min ago | 7.26 bp | 18.1 bp −$18 | 102.1 bp −$1,021 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 0.73 bp | 26.5 bp −$26 | 52.6 bp −$526 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | −0.0269% | 1h | 0.06893 | +0.437% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | −0.0066% | 4h | 0.06853 | −0.141% | $183K | $113K | — | as long as short |
| BloFin SKY-USDTshort | +0.0047% | 4h | 0.06847 | −0.233% | $582K | $29K | 75x | |
| Lighter SKY | +0.0096% | 1h | 0.06862 | −0.019% | $179K | $139K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06861 | −0.033% | $76K | $32K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06861 | −0.022% | $42K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06863 | +0.003% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06858 | −0.073% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06859 | −0.058% | $819K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06856 | −0.102% | $594K | $271K | 50x | as long as short |
Injective SKY/USDC PERP
Variational Omni SKY
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit 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 | 0.06862 | −0.015% | $1.0M | $266K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06855 | −0.117% | $403K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06860 | −0.044% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06862 | −0.015% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.06863 | long leg | $27K | $651K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06863 | −0.003% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0266% | 1h | 0.06874 | +0.154% | $2.8M | $907K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06861 | −0.022% | $81K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]