Funding you earn now, next payment 04:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.004%
Price spread now: BloFin against Injective−0.435%7-day average −0.081% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)+0.728%+$73 · spread now −0.435%, 7d avg −0.081%
=Funding pays, the price is against you. BloFin is 0.355% cheaper against Injective than usual: you would sell low and buy high (spread −0.435% now, against its 7-day average of −0.081%). If the spread goes back, that is −$35 on $10k: about 11 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SKY/USDC PERP | 0.06893 | 0.0033 | pay 0.0004% / 1h | 19m 04s | $376 | $303K | 12x |
| Short | BloFin SKY-USDT | 0.06863 | 0.0141 | get 0.0071% / 4h | 19m 04s | $581K | $29K | 75x |
Injective SKY/USDC PERP
BloFin SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- $22.68
- Price spread: −0.435% → −0.081%
- −$35.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.81
- Costs to cover
- 0.120%
- Break-even
- 14.7 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 17 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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 17 min ago | 2.19 bp | 21.8 bp −$22 | 46.3 bp −$463 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0166% | 4h | 0.06860 | −0.483% | $183K | $113K | — | as long as short |
| Injective SKY/USDC PERPlong | +0.0033% | 1h | 0.06893 | long leg | $376 | $303K | 12x | |
| Lighter SKY | +0.0096% | 1h | 0.06863 | −0.429% | $179K | $177K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06863 | −0.432% | $73K | $30K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06867 | −0.375% | $41K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06860 | −0.476% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06854 | −0.566% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06856 | −0.537% | $819K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06872 | −0.305% | $595K | $272K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06859 | −0.493% | $1.0M | $265K | 100x | as long as short |
Variational Omni SKY
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06868 | −0.363% | $404K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06865 | −0.406% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06858 | −0.508% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06870 | −0.334% | $27K | $661K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06867 | −0.382% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDTshort | +0.0141% | 4h | 0.06863 | −0.435% | $581K | $29K | 75x | |
| Hyperliquid SKY | +0.0305% | 1h | 0.06873 | −0.286% | $2.8M | $911K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06863 | −0.442% | $81K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]