Funding you earn now, next payment 04:00 UTC−0.0305%/8h= −33.4% APRnext payment −$1.53 per $10,000 · paid last 24h −0.022%
Price spread now: Bybit against Aster−0.146%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bybit is 0.146% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SKYUSDT | 0.06991 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $42K | $44K | 20x |
| Short | Bybit SKYUSDT | 0.06981 | −0.0205 | pay 0.0103% / 4h | 2h 56m | $7.4M | $3.4M | 25x |
Aster SKYUSDT
Bybit SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$64.13
- Price spread: −0.146% → 0.000%
- −$14.65
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$97.78
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 1 min ago. 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 Aster no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 3.58 bp | 31.5 bp −$32 | 126.6 bp −$1,266 | doesn't fit | doesn't fit |
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 | −0.0557% | 4h | 0.06996 | +0.072% | $201K | $118K | — | as long as short |
| Bybit SKYUSDTshort | −0.0205% | 4h | 0.06981 | −0.146% | $7.4M | $3.4M | 25x | |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.585% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0089% | 4h | 0.07001 | +0.140% | $594K | $29K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06981 | −0.148% | $182K | $181K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06991 | −0.003% | $70K | $28K | 5x | as long as short |
| Aster SKYUSDTlong | +0.0100% | 4h | 0.06991 | long leg | $42K | $44K | 20x | |
| Binance SKYUSDT | +0.0100% | 4h | 0.06982 | −0.129% | $16.1M | $11.0M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06973 | −0.261% | $838K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06977 | −0.204% | $586K | $263K | 50x | as long as short |
Variational Omni SKY
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Nado SKY-PERP
Binance 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 | 0.06986 | −0.075% | $1.0M | $266K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06987 | −0.061% | $412K | $294K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06986 | −0.075% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06982 | −0.132% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07000 | +0.125% | $24K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06991 | +0.001% | $938 | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0210% | 1h | 0.06992 | +0.009% | $2.9M | $904K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.06989 | −0.039% | $83K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]