Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.20 per $10,000 · paid last 24h +0.009%
Price spread now: Orderly against BloFin−0.121%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.121% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | 0.06887 | 0.0141 | pay 0.0070% / 4h | 1h 01m | $583K | $31K | 75x |
| Short | Orderly PERP_SKY_USDC_mythos | 0.06879 | 0.0100 | get 0.0050% / 4h | 1h 01m | $1K | $3K | 10x |
BloFin SKY-USDT
Orderly PERP_SKY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$8.61
- Price spread: −0.121% → 0.000%
- −$12.05
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$38.66
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 20 min ago; Orderly: 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 BloFin live order book, 20 min ago | 0.73 bp | 10.6 bp −$11 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +0.087% | $376 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06878 | −0.126% | $180K | $117K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06878 | −0.138% | $72K | $31K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06879 | −0.110% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06878 | −0.124% | $15.6M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06874 | −0.189% | $7.2M | $3.1M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06874 | −0.189% | $804K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06874 | −0.189% | $586K | $287K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06877 | −0.145% | $1.0M | $270K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06880 | −0.102% | $403K | $292K | 50x | as long as short |
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit 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 | 0.06877 | −0.145% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06876 | −0.160% | — | $2.4M | — | as long as short |
| Variational Omni SKY | +0.0100% | 4h | 0.06886 | −0.017% | $184K | $98K | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06888 | +0.015% | $26K | $646K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythosshort | +0.0100% | 4h | 0.06879 | −0.121% | $1K | $3K | 10x | |
| BloFin SKY-USDTlong | +0.0141% | 4h | 0.06887 | long leg | $583K | $31K | 75x | |
| Hyperliquid SKY | +0.0208% | 1h | 0.06890 | +0.042% | $2.8M | $867K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0524% / S −0.0248% | 1h | 0.06877 | −0.147% | $82K | — | 50x | as long as short |
Bitget SKYUSDT
BingX SKY-USDT
Variational Omni SKY
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]