Funding you earn now, next payment 09:00 UTC−0.0420%/8h= −45.9% APRpaid last 24h −0.130%
Price spread now: Gate against GMX−0.153%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$13 a day on $10k at the current rate, and Gate is 0.153% cheaper against GMX than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SKY/USD [ETH-USDC] | 0.06796 | L +0.0520% / S −0.0248% | pay 0.0065% / 1h | 46m 44s | $81K | — | 50x |
| Short | Gate SKY_USDT | 0.06786 | 0.0100 | get 0.0050% / 4h | 3h 46m | $581K | $292K | 50x |
GMX SKY/USD [ETH-USDC]
Gate SKY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against GMX. 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
- −$88.11
- Price spread: −0.153% → 0.000%
- −$15.3
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$130.41
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Gate: live order book, 49 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 49 min ago | 5.16 bp | 103.5 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.0342% | 4h | 0.06796 | −0.006% | $7.1M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +1.421% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | +0.0082% | 4h | 0.06809 | +0.191% | $181K | $98K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06795 | −0.019% | $179K | $105K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06798 | +0.027% | $68K | $34K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06802 | +0.087% | $2.8M | $879K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06802 | +0.084% | $42K | $45K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06797 | +0.009% | $15.3M | $11.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06797 | +0.009% | $794K | $1.2M | 20x | as long as short |
| Gate SKY_USDTshort | +0.0100% | 4h | 0.06786 | −0.153% | $581K | $292K | 50x |
Bybit SKYUSDT
Injective SKY/USDC PERP
Variational Omni SKY
Lighter SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06799 | +0.038% | $1.0M | $266K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06800 | +0.053% | $402K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06790 | −0.094% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06789 | −0.109% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06823 | +0.391% | $34K | $654K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06799 | +0.037% | $690 | $5K | 10x | as long as short |
| BloFin SKY-USDT | +0.0134% | 4h | 0.06810 | +0.200% | $579K | $28K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC]long | L +0.0520% / S −0.0248% | 1h | 0.06796 | long leg | $81K | — | 50x |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT