SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.007%

Price spread now: MEXC against BloFin−0.058%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$610.605% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.058%, 7d avg −0.006%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.052% cheaper against BloFin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKY-USDT	0.06843	0.0093	pay 0.0046% / 4h	1h 29m	$581K	$29K	75x
Short	MEXC SKY_USDT	0.06839	0.0100	get 0.0050% / 4h	1h 29m	$997K	$266K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.058%Rate

Funding earned: $1.49
Price spread: −0.058% → −0.006%: −$5.24
Slippage, 4 orders: −$44.5
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$64.26
Costs to cover: 0.605%
Break-even: 309.2 days

Slippage from BloFin: live order book, 57 min ago; MEXC: live order book, 2 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, 57 min ago	2.94 bp	13.3 bp −$13	32.2 bp −$322	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.73 bp	9.5 bp −$10	71.9 bp −$719	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
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.731%	$376	$303K	12x	as long as short
Variational Omni SKY	+0.0034%	4h	0.06838	−0.076%	$182K	$98K	—	as long as short
BloFin SKY-USDTlong	+0.0093%	4h	0.06843	long leg	$581K	$29K	75x
Lighter SKY	+0.0096%	1h	0.06843	0.000%	$179K	$117K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06843	+0.004%	$71K	$31K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06841	−0.028%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06839	−0.058%	$15.5M	$11.2M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06838	−0.073%	$7.1M	$3.0M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06840	−0.044%	$798K	$1.1M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06833	−0.146%	$582K	$287K	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_USDTshort	+0.0100%	4h	0.06839	−0.058%	$997K	$266K	100x
KuCoin SKYUSDTM	+0.0100%	4h	0.06842	−0.015%	$401K	$292K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06837	−0.088%	$2.8M	$1.4M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06836	−0.102%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06846	+0.044%	$26K	$646K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06845	+0.026%	$1K	$3K	10x	as long as short
Hyperliquid SKY	+0.0158%	1h	0.06851	+0.113%	$2.8M	$883K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0522% / S −0.0248%	1h	0.06844	+0.010%	$81K	—	50x	as long as short