SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Gate−0.102%7-day average +0.130% · you buy dearer than you sell

Net, funding: paid 7d − costs−$210as in the Funding arb table

Net, price: spread back to 7d avg − costs−$248as in the Price arb table

costs, in and out, $10k−$2252.253% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 4 days (all we have)+0.381%+$38 · spread now −0.102%, 7d avg +0.130%

Together, before fees+0.534%+$53 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.232% cheaper against Gate than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.130%). If the spread goes back, that is −$23 on $10k: about 19 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SKY_USDT	0.06879	0.0100	pay 0.0050% / 4h	22m 33s	$596K	$272K	50x
Short	BloFin SKY-USDT	0.06872	0.0140	get 0.0070% / 4h	22m 33s	$583K	$29K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.102%Rate

Funding earned: $8.46
Price spread: −0.102% → +0.130%: −$23.15
Slippage, 4 orders: −$198.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$239.94
Costs to cover: 2.253%
Break-even: 205.6 days

Slippage from Gate: live order book, 34 min ago; BloFin: live order book, 14 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 Gate live order book, 34 min ago	4.36 bp	100.4 bp −$100	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 14 min ago	2.19 bp	21.8 bp −$22	46.3 bp −$463	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	−0.0165%	4h	0.06855	−0.353%	$183K	$113K	—	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.204%	$376	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.06870	−0.125%	$179K	$177K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06868	−0.164%	$73K	$30K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06871	−0.121%	$41K	$42K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06873	−0.087%	$15.7M	$11.0M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06863	−0.233%	$7.2M	$3.2M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06864	−0.218%	$819K	$1.2M	20x	as long as short
Gate SKY_USDTlong	+0.0100%	4h	0.06879	long leg	$596K	$272K	50x
MEXC SKY_USDT	+0.0100%	4h	0.06873	−0.087%	$1.0M	$265K	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	0.06878	−0.015%	$405K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06871	−0.116%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06865	−0.204%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06877	−0.029%	$27K	$661K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06873	−0.086%	$1K	$3K	10x	as long as short
BloFin SKY-USDTshort	+0.0140%	4h	0.06872	−0.102%	$583K	$29K	75x
Hyperliquid SKY	+0.0316%	1h	0.06880	+0.017%	$2.8M	$911K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0522% / S −0.0248%	1h	0.06868	−0.153%	$81K	—	50x	as long as short