Spread before costs (cost unknown: a leg has no order-book sample)+0.101%
7d average—if it closes, per $10,000$10funding while held, a day−$13.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SKY/USD [ETH-USDC] | 0.07212 | L +0.0539% / S −0.0248% | pay 0.0067% / 1h | 8m 28s | $85K | — | 50x |
| Short | Nado SKY-PERP | 0.07219 | 0.0100 | get 0.0012% / 1h | 8m 28s | $70K | $30K | 5x |
GMX SKY/USD [ETH-USDC]
Nado SKY-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.12
- Funding while held
- −$13.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$22.04
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Nado: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0439%
- Per $10,000 a day
- −$13.16
- Average in range /8h
- —
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 Nado no order-book sample | — | — | — | — | — |
GMX and Nado: 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.07191cheapestGate0.07198+0.103%OKX0.07200+0.131%Bybit0.07202+0.158%ApeX Omni0.07204+0.186%MEXC0.07207+0.228%Bitget0.07207+0.228%Binance0.07210+0.265%BingX0.07211+0.284%
Variational Omni
Gate
OKX
Bybit
ApeX Omni
MEXC
Bitget
Binance
BingXGMX0.07212+0.300%
KuCoin0.07213+0.311%Orderly0.07215+0.341%Aster0.07216+0.351%Lighter0.07217+0.368%
KuCoin
Orderly
Aster
LighterNado0.07219+0.402%
Hyperliquid0.07225+0.482%BloFin0.07226+0.492%Injective0.07239+0.673%
Hyperliquid
BloFin
InjectiveSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.299% | +0.0054% | 4h | $198K | $93K | — | as long as short |
| Gate SKY_USDT | −0.197% | +0.0100% | 4h | $622K | $247K | 50x | as long as short |
| OKX SKY-USDT-SWAP | −0.169% | +0.0100% | 4h | $872K | $1.4M | 20x | as long as short |
| Bybit SKYUSDT | −0.141% | +0.0100% | 4h | $8.1M | $3.2M | 25x | as long as short |
| ApeX Omni SKYUSDT | −0.114% | +0.0100% | 1h | $20K | $683K | 50x | as long as short |
| MEXC SKY_USDT | −0.072% | +0.0100% | 4h | $1.1M | $286K | 100x | as long as short |
| Bitget SKYUSDT | −0.072% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| Binance SKYUSDT | −0.035% | +0.0100% | 4h | $16.7M | $9.7M | 75x | as long as short |
| BingX SKY-USDT | −0.017% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| GMX SKY/USD [ETH-USDC]long | 0.000% | L +0.0539% / S −0.0248% | 1h | $85K | — | 50x |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.011% | +0.0100% | 4h | $453K | $289K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.040% | +0.0100% | 4h | $700 | $2K | 10x | as long as short |
| Aster SKYUSDT | +0.050% | +0.0100% | 4h | $43K | $39K | 20x | as long as short |
| Lighter SKY | +0.068% | +0.0096% | 1h | $189K | $171K | 10x | as long as short |
| Nado SKY-PERPshort | +0.101% | +0.0100% | 1h | $70K | $30K | 5x | |
| Hyperliquid SKY | +0.182% | +0.0844% | 1h | $3.0M | $993K | 3x | as long as short |
| BloFin SKY-USDT | +0.191% | +0.0051% | 4h | $627K | $611K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.372% | +0.0033% | 1h | $395 | $162K | 12x | as long as short |