Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%
Price spread now: Bybit against Gate+0.058%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2332.328% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)+0.382%+$38 · spread now +0.058%, 7d avg +0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKY_USDT | 0.06858 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $583K | $286K | 50x |
| Short | Bybit SKYUSDT | 0.06862 | 0.0100 | get 0.0050% / 4h | 2h 55m | $7.2M | $3.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $0
- Price spread: +0.058% → +0.053%
- $0.57
- Slippage, 4 orders
- −$206.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$232.26
- Costs to cover
- 2.328%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; Bybit: 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 Gate live order book, 56 min ago | 5.81 bp | 88.1 bp −$88 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.46 bp | 30.4 bp −$30 | 187.4 bp −$1,874 | 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 | +0.510% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | +0.0056% | 4h | 0.06861 | +0.041% | $183K | $113K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06867 | +0.136% | $179K | $118K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06861 | +0.051% | $75K | $32K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06877 | +0.279% | $2.8M | $909K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06870 | +0.178% | $42K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06869 | +0.163% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDTshort | +0.0100% | 4h | 0.06862 | +0.058% | $7.2M | $3.2M | 25x | |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06863 | +0.073% | $816K | $1.1M | 20x | as long as short |
| Gate SKY_USDTlong | +0.0100% | 4h | 0.06858 | long leg | $583K | $286K | 50x |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06869 | +0.160% | $1.0M | $260K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06855 | −0.044% | $403K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06868 | +0.146% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06865 | +0.102% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06858 | 0.000% | $27K | $648K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06868 | +0.144% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0112% | 4h | 0.06851 | −0.102% | $520K | $29K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0523% / S −0.0248% | 1h | 0.06864 | +0.095% | $81K | — | 50x | as long as short |
Gate SKY_USDT
Bybit SKYUSDT
Injective SKY/USDC PERP
Variational Omni SKY
Lighter SKY
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]