Funding arb · Price arb /

SKY

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Aster against ApeX Omni−0.028%49s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.028% cheaper against ApeX Omni than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet). 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	ApeX Omni SKYUSDT	0.07075	0.0100	pay 0.0013% / 1h	32m 49s	$20K	$679K	50x
Short	Aster SKYUSDT	0.07073	0.0100	get 0.0050% / 4h	32m 49s	$43K	$43K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.028%Rate

Funding earned: $0
Price spread: −0.028% → 0.000%: −$2.81
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.81
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 46 min ago; Aster: 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 ApeX Omni live order book, 46 min ago	8.46 bp	16.7 bp −$17	122.2 bp −$1,222	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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	−0.0648%	4h	0.07059	−0.231%	$194K	$104K	—	as long as short
Bybit SKYUSDT	−0.0245%	4h	0.07059	−0.226%	$7.6M	$3.3M	25x	as long as short
BloFin SKY-USDT	+0.0085%	4h	0.07066	−0.127%	$591K	$29K	75x	as long as short
Lighter SKY	+0.0096%	1h	0.07070	−0.068%	$185K	$155K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.07071	−0.064%	$70K	$25K	5x	as long as short
Aster SKYUSDTshort	+0.0100%	4h	0.07073	−0.028%	$43K	$43K	20x
Binance SKYUSDT	+0.0100%	4h	0.07070	−0.072%	$16.0M	$10.3M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07063	−0.170%	$849K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07059	−0.226%	$602K	$255K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07070	−0.071%	$1.1M	$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	0.07072	−0.042%	$423K	$290K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07072	−0.042%	$2.9M	$1.7M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07065	−0.141%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDTlong	+0.0100%	1h	0.07075	long leg	$20K	$679K	50x
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07072	−0.044%	$1K	$2K	10x	as long as short
Injective SKY/USDC PERP	+0.0158%	1h	0.07172	+1.371%	$392	$303K	12x	as long as short
Hyperliquid SKY	+0.0219%	1h	0.07082	+0.100%	$3.0M	$902K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0527% / S −0.0248%	1h	0.07071	−0.059%	$84K	—	50x	as long as short