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−0.0624%/8h= −68.3% APRnext payment $3.12 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against Aster−0.186%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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Variational Omni is 0.186% cheaper against Aster than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SKYUSDT0.072030.0100pay 0.0050% / 4h1h 56m$43K$36K20x
ShortVariational Omni SKY0.07189−0.0524pay 0.0262% / 4h1h 56m$207K$94K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$130.95
Price spread: −0.186% → 0.000%
−$18.58
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$157.53
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Variational Omni: RFQ quote, 27 min ago. 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 Variational Omni RFQ quote, 27 min ago5.55 bpdoesn't fit211.1 bp −$2,111doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKYshort−0.0524%4h0.07189−0.186%$207K$94K
Bybit SKYUSDT−0.0112%4h0.07205+0.033%$7.9M$3.4M25xas long as short
Injective SKY/USDC PERP+0.0014%1h0.07197−0.078%$393$260K12xas long as short
Lighter SKY+0.0096%1h0.07215+0.172%$189K$163K10xas long as short
BloFin SKY-USDT+0.0096%4h0.07196−0.092%$609K$609K75xas long as short
Nado SKY-PERP+0.0100%1h0.07200−0.030%$71K$25K5xas long as short
Aster SKYUSDTlong+0.0100%4h0.07203long leg$43K$36K20x
Binance SKYUSDT+0.0100%4h0.07217+0.200%$16.6M$9.5M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07212+0.130%$872K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07193−0.134%$618K$252K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.07217+0.200%$1.1M$278K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.07195−0.106%$443K$279K50xas long as short
Bitget SKYUSDT+0.0100%4h0.07206+0.047%$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h0.07202−0.009%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07198−0.064%$20K$688K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.072030.000%$699$2K10xas long as short
Hyperliquid SKY+0.0495%1h0.07221+0.259%$3.0M$906K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0534% / S −0.0248%1h0.07202−0.009%$85K50xas long as short