Settings8H · net · $10k
Funding arb · Price arb /

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRnext payment $0.05 per $10,000 · paid last 24h −0.004%
Price spread now: Nado against ApeX Omni−0.060%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.060% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SKYUSDT0.070540.0100pay 0.0013% / 1h1m 14s$22K$680K50x
ShortNado SKY-PERP0.070500.0064get 0.0008% / 1h1m 14s$70K$25K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
−$7.64
Price spread: −0.060% → 0.000%
−$6.02
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$30.67
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 12 min ago; Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 12 min ago6.39 bp16.5 bp −$17110.1 bp −$1,101doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKY−0.0643%4h0.07042−0.169%$193K$104Kas long as short
Bybit SKYUSDT−0.0170%4h0.07044−0.142%$7.6M$3.3M25xas long as short
Nado SKY-PERPshort+0.0064%1h0.07050−0.060%$70K$25K5x
Lighter SKY+0.0096%1h0.07057+0.037%$189K$160K10xas long as short
Aster SKYUSDT+0.0100%4h0.07053−0.013%$42K$43K20xas long as short
Binance SKYUSDT+0.0100%4h0.07055+0.008%$16.0M$10.2M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07048−0.085%$850K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07048−0.085%$603K$259K50xas long as short
MEXC SKY_USDT+0.0100%4h0.07055+0.014%$1.1M$288K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.07041−0.184%$420K$290K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKYUSDT+0.0100%4h0.07052−0.028%$2.9M$1.6M75xas long as short
BingX SKY-USDT+0.0100%4h0.07051−0.043%$2.4Mas long as short
ApeX Omni SKYUSDTlong+0.0100%1h0.07054long leg$22K$680K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07054+0.001%$1K$2K10xas long as short
BloFin SKY-USDT+0.0110%4h0.07050−0.057%$586K$29K75xas long as short
Injective SKY/USDC PERP+0.0158%1h0.07172+1.673%$392$303K12xas long as short
Hyperliquid SKY+0.0220%1h0.07064+0.142%$3.0M$889K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0526% / S −0.0248%1h0.070540.000%$84K50xas long as short