Funding you earn now, next payment 23:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h +0.038%
Price spread now: GMX against ApeX Omni+0.284%68s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and GMX is 0.284% dearer against ApeX Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 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 | 0.07080 | 0.0100 | pay 0.0013% / 1h | 5m 43s | $20K | $684K | 50x |
| Short | GMX SKY/USD [ETH-USDC] | 0.07100 | L +0.0528% / S −0.0248% | get 0.0031% / 1h | 5m 43s | $84K | — | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $31.01
- Price spread: +0.284% → 0.000%
- $28.39
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $37.4
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 13 min ago; 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 ApeX Omni live order book, 13 min ago | 8.46 bp | 16.7 bp −$17 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.0635% | 4h | 0.07071 | −0.126% | $194K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0282% | 4h | 0.07085 | +0.071% | $7.7M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +1.299% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0059% | 1h | 0.07097 | +0.240% | $70K | $26K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07096 | +0.225% | $186K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07095 | +0.215% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07096 | +0.229% | $16.2M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07092 | +0.169% | $854K | $1.4M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07082 | +0.028% | $605K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07097 | +0.240% | $1.1M | $289K | 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 | 0.07090 | +0.141% | $429K | $289K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07096 | +0.226% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07093 | +0.184% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.07080 | long leg | $20K | $684K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07099 | +0.271% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0147% | 4h | 0.07076 | −0.056% | $591K | $29K | 75x | as long as short |
| Hyperliquid SKY | +0.0307% | 1h | 0.07109 | +0.407% | $3.0M | $928K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC]short | L +0.0528% / S −0.0248% | 1h | 0.07100 | +0.284% | $84K | — | 50x |
ApeX Omni SKYUSDT
GMX SKY/USD [ETH-USDC]
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
BloFin SKY-USDT
Hyperliquid SKY