Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate+0.043%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2382.375% of the position
Funding, last 7 days+0.161%+$16 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now +0.043%, 7d avg +0.051%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKY_USDT | 0.07040 | 0.0100 | pay 0.0050% / 4h | 25m 47s | $600K | $256K | 50x |
| Short | OKX SKY-USDT-SWAP | 0.07043 | 0.0100 | get 0.0050% / 4h | 25m 47s | $847K | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.043% → +0.051%
- −$0.87
- Slippage, 4 orders
- −$212.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$238.42
- Costs to cover
- 2.375%
- Break-even
- never at this rate
Slippage from Gate: live order book, 50 min ago; OKX: live order book, 1 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, 50 min ago | 4.24 bp | 63.7 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.13 bp | 36.2 bp −$36 | 471.6 bp −$4,716 | 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 | −0.0681% | 4h | 0.07038 | −0.033% | $194K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0277% | 4h | 0.07036 | −0.057% | $7.6M | $3.3M | 25x | as long as short |
| Nado SKY-PERP | +0.0087% | 1h | 0.07052 | +0.170% | $70K | $25K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07049 | +0.121% | $185K | $155K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07050 | +0.139% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07050 | +0.142% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAPshort | +0.0100% | 4h | 0.07043 | +0.043% | $847K | $1.3M | 20x | |
| Gate SKY_USDTlong | +0.0100% | 4h | 0.07040 | long leg | $600K | $256K | 50x | |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07045 | +0.071% | $1.1M | $286K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07048 | +0.114% | $420K | $291K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.07048 | +0.114% | $2.9M | $1.7M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07041 | +0.014% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07062 | +0.313% | $19K | $678K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07046 | +0.078% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0131% | 4h | 0.07065 | +0.355% | $591K | $29K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.875% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0213% | 1h | 0.07056 | +0.224% | $3.0M | $903K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07045 | +0.075% | $83K | — | 50x | as long as short |
Gate SKY_USDT
OKX SKY-USDT-SWAP
Variational Omni SKY
Bybit SKYUSDT
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
BloFin SKY-USDT
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]