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: Injective against Nado+1.498%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 1.498% dearer against Nado than usual: you sell high and buy low (spread +1.498% now, against zero (this spread has no 7-day history yet)): +$150 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2 months. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SKY-PERP | 0.06791 | 0.0100 | pay 0.0012% / 1h | 28m 13s | $71K | $34K | 5x |
| Short | Injective SKY/USDC PERP | 0.06893 | 0.0033 | get 0.0004% / 1h | 28m 13s | $376 | $303K | 12x |
Nado SKY-PERP
Injective SKY/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. 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
- −$14
- Price spread: +1.498% → 0.000%
- $149.83
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $128.81
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
Nado and 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERPshort | +0.0033% | 1h | 0.06893 | +1.498% | $376 | $303K | 12x | |
| Variational Omni SKY | +0.0064% | 4h | 0.06788 | −0.049% | $181K | $113K | — | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06794 | +0.040% | $177K | $119K | 10x | as long as short |
| Nado SKY-PERPlong | +0.0100% | 1h | 0.06791 | long leg | $71K | $34K | 5x | |
| Hyperliquid SKY | +0.0100% | 1h | 0.06803 | +0.170% | $2.8M | $903K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06798 | +0.097% | $41K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06794 | +0.040% | $15.4M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06787 | −0.063% | $7.1M | $3.1M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06787 | −0.063% | $799K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06788 | −0.048% | $576K | $287K | 50x | as long as short |
Variational Omni SKY
Lighter SKY
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06794 | +0.040% | $995K | $267K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06796 | +0.070% | $398K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06790 | −0.018% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06793 | +0.026% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06800 | +0.129% | $27K | $649K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06796 | +0.071% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0121% | 4h | 0.06805 | +0.202% | $577K | $29K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0521% / S −0.0248% | 1h | 0.06794 | +0.039% | $80K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]