Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance−0.075%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.075%, 7d avg −0.058%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKYUSDT | 0.06913 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $15.8M | $10.9M | 75x |
| Short | OKX SKY-USDT-SWAP | 0.06908 | 0.0100 | get 0.0050% / 4h | 1h 07m | $820K | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- $0
- Price spread: −0.075% → −0.058%
- −$1.63
- Slippage, 4 orders
- −$85.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$107.44
- Costs to cover
- 1.058%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; OKX: live order book, 4 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 Binance live order book, 3 min ago | 0.72 bp | 16.2 bp −$16 | 59.0 bp −$590 | 355.3 bp −$35.5K | doesn't fit |
| Sell OKX live order book, 4 min ago | 4.34 bp | 36.8 bp −$37 | 476.2 bp −$4,762 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0343% | 4h | 0.06905 | −0.123% | $184K | $115K | — | as long as short |
| Bybit SKYUSDT | +0.0008% | 4h | 0.06904 | −0.133% | $7.2M | $3.2M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +3.744% | $392 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06911 | −0.026% | $180K | $177K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06910 | −0.049% | $73K | $30K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06915 | +0.032% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDTlong | +0.0100% | 4h | 0.06913 | long leg | $15.8M | $10.9M | 75x | |
| OKX SKY-USDT-SWAPshort | +0.0100% | 4h | 0.06908 | −0.075% | $820K | $1.2M | 20x | |
| Gate SKY_USDT | +0.0100% | 4h | 0.06911 | −0.031% | $600K | $287K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06913 | −0.002% | $1.0M | $273K | 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 | 0.06908 | −0.075% | $406K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06913 | −0.002% | $2.9M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06913 | −0.002% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06910 | −0.046% | $27K | $663K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06916 | +0.035% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0108% | 4h | 0.06920 | +0.099% | $588K | $29K | 75x | as long as short |
| Hyperliquid SKY | +0.0514% | 1h | 0.06923 | +0.139% | $2.8M | $927K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0523% / S −0.0248% | 1h | 0.06909 | −0.063% | $82K | — | 50x | as long as short |
Binance SKYUSDT
OKX SKY-USDT-SWAP
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Aster SKYUSDT
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]