SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.009%

Price spread now: BloFin against OKX+0.090%63s7-day average +0.091% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$910.910% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)+0.058%+$6 · spread now +0.090%, 7d avg +0.091%

Together, before fees+0.046%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.091%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 63 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	OKX SKY-USDT-SWAP	0.06692	0.0100	pay 0.0050% / 4h	1h 06m	$782K	$1.0M	20x
Short	BloFin SKY-USDT	0.06698	0.0075	get 0.0038% / 4h	1h 06m	$570K	$32K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$5.16
Price spread: +0.090% → +0.091%: −$0.15
Slippage, 4 orders: −$68.98
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$96.29
Costs to cover: 0.910%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 38 min ago.

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 OKX live order book, 3 min ago	2.24 bp	27.8 bp −$28	1094.0 bp −$10.9K	doesn't fit	doesn't fit
Sell BloFin live order book, 38 min ago	0.74 bp	18.6 bp −$19	44.5 bp −$445	doesn't fit	doesn't fit

SKY on 18 exchanges

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	−0.0373%	4h	0.06685	−0.107%	$179K	$83K	—	as long as short
Bybit SKYUSDT	−0.0148%	4h	0.06700	+0.120%	$6.9M	$3.2M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.06729	+0.553%	$367	$303K	12x	as long as short
BloFin SKY-USDTshort	+0.0075%	4h	0.06698	+0.090%	$570K	$32K	75x
Nado SKY-PERP	+0.0076%	1h	0.06692	−0.004%	$67K	$35K	5x	as long as short
Lighter SKY	+0.0096%	1h	0.06693	+0.013%	$176K	$101K	10x	as long as short
Hyperliquid SKY	+0.0100%	1h	0.06705	+0.200%	$2.8M	$770K	3x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06695	+0.038%	$41K	$37K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06701	+0.131%	$14.9M	$10.7M	75x	as long as short
OKX SKY-USDT-SWAPlong	+0.0100%	4h	0.06692	long leg	$782K	$1.0M	20x

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SKY_USDT	+0.0100%	4h	0.06688	−0.060%	$567K	$263K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06700	+0.120%	$1.1M	$278K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06704	+0.179%	$391K	$43K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06703	+0.164%	$2.7M	$1.3M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06693	+0.015%	—	$2.5M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06694	+0.030%	$34K	$650K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06695	+0.042%	$1K	$4K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0513% / S −0.0248%	1h	0.06698	+0.084%	$79K	—	50x	as long as short