Funding arb · Price arb /

SKY

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Binance+0.076%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 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 0.076% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKYUSDT	0.06999	0.0100	pay 0.0050% / 4h	3h 44m	$16.2M	$10.9M	75x
Short	Aster SKYUSDT	0.07004	0.0100	get 0.0050% / 4h	3h 44m	$42K	$44K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → 0.000%: $7.64
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$10.36
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 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 Binance live order book, 11 min ago	0.71 bp	12.9 bp −$13	51.0 bp −$510	351.1 bp −$35.1K	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	−0.0614%	4h	0.06989	−0.144%	$185K	$111K	—	as long as short
Bybit SKYUSDT	−0.0391%	4h	0.06992	−0.100%	$7.5M	$3.5M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+2.472%	$392	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.07009	+0.143%	$189K	$170K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.07000	+0.007%	$68K	$26K	5x	as long as short
Hyperliquid SKY	+0.0100%	1h	0.07013	+0.194%	$2.9M	$902K	3x	as long as short
Aster SKYUSDTshort	+0.0100%	4h	0.07004	+0.076%	$42K	$44K	20x
Binance SKYUSDTlong	+0.0100%	4h	0.06999	long leg	$16.2M	$10.9M	75x
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06997	−0.029%	$840K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06997	−0.029%	$594K	$261K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.06998	−0.014%	$1.0M	$282K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.07002	+0.043%	$413K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06999	0.000%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06995	−0.057%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07005	+0.086%	$24K	$680K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07007	+0.111%	$1K	$2K	10x	as long as short
BloFin SKY-USDT	+0.0125%	4h	0.07007	+0.114%	$590K	$29K	75x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0524% / S −0.0248%	1h	0.06997	−0.031%	$83K	—	50x	as long as short