Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.2% APRpaid last 24h −0.004%
Price spread now: Nado against BingX+0.103%7-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. Nado is 0.103% dearer against BingX than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKY-USDT | 0.07044 | 0.0100 | pay 0.0050% / 4h | 24m 09s | — | $2.4M | — |
| Short | Nado SKY-PERP | 0.07051 | 0.0070 | get 0.0009% / 1h | 24m 09s | $70K | $25K | 5x |
BingX SKY-USDT
Nado SKY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BingX. 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
- −$6.2
- Price spread: +0.103% → 0.000%
- $10.29
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$12.9
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Nado: 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 BingX live order book, 10 min ago | 2.83 bp | 16.9 bp −$17 | 47.3 bp −$473 | 245.7 bp −$24.6K | 893.8 bp −$446.9K |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | −0.0681% | 4h | 0.07038 | −0.090% | $194K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0270% | 4h | 0.07036 | −0.114% | $7.6M | $3.3M | 25x | as long as short |
| Nado SKY-PERPshort | +0.0070% | 1h | 0.07051 | +0.103% | $70K | $25K | 5x | |
| Lighter SKY | +0.0096% | 1h | 0.07049 | +0.071% | $185K | $155K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07051 | +0.099% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07049 | +0.069% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07043 | −0.014% | $846K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07038 | −0.085% | $600K | $256K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07049 | +0.071% | $1.1M | $286K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07050 | +0.085% | $421K | $291K | 50x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.07050 | +0.085% | $2.9M | $1.7M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.07044 | long leg | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07062 | +0.256% | $19K | $678K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07050 | +0.081% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0101% | 4h | 0.07053 | +0.128% | $590K | $29K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.817% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0209% | 1h | 0.07056 | +0.175% | $3.0M | $890K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0527% / S −0.0248% | 1h | 0.07050 | +0.078% | $83K | — | 50x | as long as short |
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]