SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against BloFin+0.125%55s7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as 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−$730.725% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 3 days (all we have)−0.233%−$23 · spread now +0.125%, 7d avg −0.060%

Together, before fees−0.212%−$21 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.185% dearer against BloFin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.060%. The two prices were read 55 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	BloFin SKY-USDT	0.07197	0.0077	pay 0.0039% / 4h	2h 10m	$608K	$609K	75x
Short	Bitget SKYUSDT	0.07206	0.0100	get 0.0050% / 4h	2h 10m	$3.0M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now +0.125%Rate

Funding earned: $4.82
Price spread: +0.125% → −0.060%: $18.51
Slippage, 4 orders: −$48.52
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$49.18
Costs to cover: 0.725%
Break-even: 78.4 days

Slippage from BloFin: live order book, 11 min ago; Bitget: live order book, 7 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, 11 min ago	2.08 bp	12.4 bp −$12	32.7 bp −$327	doesn't fit	doesn't fit
Sell Bitget live order book, 7 min ago	6.25 bp	20.7 bp −$21	58.0 bp −$580	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	−0.0539%	4h	0.07191	−0.086%	$207K	$94K	—	as long as short
Bybit SKYUSDT	−0.0123%	4h	0.07192	−0.069%	$7.9M	$3.3M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07199	+0.028%	$393	$222K	12x	as long as short
BloFin SKY-USDTlong	+0.0077%	4h	0.07197	long leg	$608K	$609K	75x
Lighter SKY	+0.0096%	1h	0.07204	+0.103%	$189K	$163K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.07204	+0.090%	$71K	$26K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07209	+0.162%	$43K	$36K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07204	+0.097%	$16.6M	$9.5M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07188	−0.125%	$869K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07195	−0.028%	$618K	$254K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.07204	+0.097%	$1.1M	$283K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.07185	−0.167%	$442K	$287K	50x	as long as short
Bitget SKYUSDTshort	+0.0100%	4h	0.07206	+0.125%	$3.0M	$2.0M	75x
BingX SKY-USDT	+0.0100%	4h	0.07197	0.000%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07210	+0.181%	$20K	$686K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07206	+0.129%	$699	$2K	10x	as long as short
Hyperliquid SKY	+0.0375%	1h	0.07216	+0.263%	$3.0M	$906K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0534% / S −0.0248%	1h	0.07205	+0.106%	$85K	—	50x	as long as short