SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.18 per $10,000 · paid last 24h +0.041%

Price spread now: GMX against Nado−0.023%7-day average — · you buy dearer than you sell

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

Long on Nado Short on GMX

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. GMX is 0.023% cheaper against Nado than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SKY-PERP	0.07031	0.0100	pay 0.0012% / 1h	5m 02s	$71K	$28K	5x
Short	GMX SKY/USD [ETH-USDC]	0.07029	L +0.0526% / S −0.0248%	get 0.0031% / 1h	5m 02s	$83K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $31.01
Price spread: −0.023% → 0.000%: −$2.28
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $9.73
Costs to cover: 0.190%
Break-even: 4.8 days

Slippage unknown: Nado: no order-book sample; GMX: 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 Nado no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Nado and 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
Variational Omni SKY	−0.0552%	4h	0.07023	−0.111%	$202K	$118K	—	as long as short
Bybit SKYUSDT	−0.0271%	4h	0.07021	−0.142%	$7.5M	$3.4M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+2.005%	$392	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.07031	+0.006%	$189K	$171K	10x	as long as short
Nado SKY-PERPlong	+0.0100%	1h	0.07031	long leg	$71K	$28K	5x
Aster SKYUSDT	+0.0100%	4h	0.07033	+0.035%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07029	−0.028%	$16.2M	$10.9M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07025	−0.085%	$846K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07028	−0.043%	$590K	$266K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07029	−0.028%	$1.0M	$286K	100x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTM	+0.0100%	4h	0.07035	+0.057%	$413K	$293K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07029	−0.028%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07026	−0.071%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07042	+0.156%	$24K	$680K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07030	−0.018%	$943	$3K	10x	as long as short
BloFin SKY-USDT	+0.0124%	4h	0.07027	−0.057%	$596K	$30K	75x	as long as short
Hyperliquid SKY	+0.0165%	1h	0.07045	+0.195%	$2.9M	$903K	3x	as long as short
GMX SKY/USD [ETH-USDC]short	L +0.0526% / S −0.0248%	1h	0.07029	−0.023%	$83K	—	50x