Skin peeling between baby toe

So this morning I could smell this horrible odour coming from somewhere and about 3 hours later I realized it was coming from my foot. I only noticed it was coming from my foot because I could feel a slight stinging between my baby toe. When I went to see what was causing the stinging I could smell the odour in full force. I noticed the skin was peeling off and completely raw only between that one toe. I have broken that toe a couple times but I don’t think that would do anything. I washed my foot with soap and water but the smell was still there. It’s almost like the smell of an infection. I’m terrified that it’s something bad. Has anyone else experienced this? And it’s only that one toe. My other foot is completely fine and does not have an odour haha.