SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.009%

Price spread now: Nado against Injective−1.458%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 1.458% cheaper against Injective than usual: you would sell low and buy high (spread −1.458% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$146 on $10k: about 2 months of funding at the current rate (+$2 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	27m 13s	$376	$303K	12x
Short	Nado SKY-PERP	0.06792	0.0100	get 0.0012% / 1h	27m 13s	$71K	$34K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee NadobpOrdersPrice spread, now −1.458%Rate

Funding earned: $14
Price spread: −1.458% → 0.000%: −$145.8
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$138.82
Costs to cover: 0.070%
Break-even: 76.4 days

Slippage unknown: Injective: no order-book sample; Nado: no order-book sample. 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 Nado no order-book sample	—	—	—	—	—

Injective 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 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 PERPlong	+0.0033%	1h	0.06893	long leg	$376	$303K	12x
Variational Omni SKY	+0.0064%	4h	0.06788	−1.524%	$181K	$113K	—	as long as short
Lighter SKY	+0.0096%	1h	0.06794	−1.436%	$177K	$119K	10x	as long as short
BloFin SKY-USDT	+0.0098%	4h	0.06805	−1.277%	$577K	$29K	75x	as long as short
Nado SKY-PERPshort	+0.0100%	1h	0.06792	−1.458%	$71K	$34K	5x
Hyperliquid SKY	+0.0100%	1h	0.06802	−1.316%	$2.8M	$903K	3x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06800	−1.343%	$41K	$42K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06795	−1.422%	$15.4M	$11.1M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06787	−1.538%	$7.1M	$3.1M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06787	−1.538%	$799K	$1.1M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SKY_USDT	+0.0100%	4h	0.06788	−1.523%	$576K	$287K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06794	−1.436%	$995K	$267K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06798	−1.378%	$399K	$292K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06790	−1.494%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06792	−1.465%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06804	−1.291%	$27K	$649K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06796	−1.410%	$1K	$3K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0521% / S −0.0248%	1h	0.06794	−1.442%	$80K	—	50x	as long as short