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+0.0058%/8h= +6.4% APRpaid last 24h −0.011%
Price spread now: Injective against Aster+1.356%7-day average · you sell dearer than you buy
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 7 days−0.117%−$12 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 1.356% dearer against Aster than usual: you sell high and buy low: +$136 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.117%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SKYUSDT0.070760.0100pay 0.0050% / 4h35m 18s$43K$43K20x
ShortInjective SKY/USDC PERP0.071720.0158get 0.0020% / 1h35m 18s$392$303K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
$12.25
Price spread: +1.356% → 0.000%
$135.61
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$139.84
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; Injective: 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 Aster no order-book sample
Sell Injective no order-book sample
Aster and Injective: 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−0.0648%4h0.07059−0.245%$194K$104Kas long as short
Bybit SKYUSDT−0.0251%4h0.07059−0.241%$7.6M$3.3M25xas long as short
Lighter SKY+0.0096%1h0.07072−0.057%$185K$155K10xas long as short
Nado SKY-PERP+0.0100%1h0.07071−0.068%$70K$25K5xas long as short
Aster SKYUSDTlong+0.0100%4h0.07076long leg$43K$43K20x
Binance SKYUSDT+0.0100%4h0.07073−0.043%$16.0M$10.4M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07069−0.100%$849K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07061−0.213%$602K$255K50xas long as short
MEXC SKY_USDT+0.0100%4h0.07073−0.043%$1.1M$285K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.07076−0.001%$424K$290K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKYUSDT+0.0100%4h0.07074−0.029%$2.9M$1.8M75xas long as short
BingX SKY-USDT+0.0100%4h0.07067−0.128%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07074−0.029%$20K$679K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07072−0.050%$1K$2K10xas long as short
BloFin SKY-USDT+0.0139%4h0.07072−0.057%$592K$29K75xas long as short
Injective SKY/USDC PERPshort+0.0158%1h0.07172+1.356%$392$303K12x
Hyperliquid SKY+0.0200%1h0.07085+0.121%$3.0M$902K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0527% / S −0.0248%1h0.07071−0.067%$84K50xas long as short