Funding you earn now, next payment 00:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against BloFin−0.017%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now −0.017%, 7d avg −0.008%
=The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKY-USDT | 0.07054 | 0.0065 | pay 0.0033% / 4h | 21m 23s | $590K | $29K | 75x |
| Short | Binance SKYUSDT | 0.07053 | 0.0100 | get 0.0050% / 4h | 21m 23s | $16.0M | $10.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $7.31
- Price spread: −0.017% → −0.008%
- −$0.9
- Slippage, 4 orders
- −$43.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.27
- Costs to cover
- 0.657%
- Break-even
- 63.7 days
Slippage from BloFin: live order book, 55 min ago; Binance: 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 BloFin live order book, 55 min ago | 2.12 bp | 17.4 bp −$17 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.71 bp | 17.4 bp −$17 | 67.9 bp −$679 | 325.5 bp −$32.5K | 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 | −0.0683% | 4h | 0.07039 | −0.212% | $193K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0250% | 4h | 0.07044 | −0.142% | $7.6M | $3.3M | 25x | as long as short |
| Nado SKY-PERP | +0.0060% | 1h | 0.07053 | −0.018% | $70K | $25K | 5x | as long as short |
| BloFin SKY-USDTlong | +0.0065% | 4h | 0.07054 | long leg | $590K | $29K | 75x | |
| Lighter SKY | +0.0096% | 1h | 0.07055 | +0.014% | $185K | $155K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07053 | −0.016% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDTshort | +0.0100% | 4h | 0.07053 | −0.017% | $16.0M | $10.2M | 75x | |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07042 | −0.170% | $848K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07044 | −0.142% | $600K | $256K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07053 | −0.014% | $1.1M | $286K | 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 | 0.07056 | +0.028% | $421K | $290K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07051 | −0.043% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07045 | −0.128% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07051 | −0.043% | $19K | $677K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07051 | −0.040% | $1K | $2K | 10x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.673% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0198% | 1h | 0.07064 | +0.140% | $3.0M | $890K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0527% / S −0.0248% | 1h | 0.07050 | −0.058% | $84K | — | 50x | as long as short |
BloFin SKY-USDT
Binance SKYUSDT
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Aster SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]