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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.029%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$599as in the Funding arb table
Net, price: spread back to 7d avg − costs−$599as in the Price arb table
costs, in and out, $10k−$5995.989% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.105%+$11 · spread now −0.029%, 7d avg −0.031%
Together, before fees+0.105%+$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKYUSDT0.068750.0100pay 0.0050% / 4h1h 59m$2.8M$1.4M75x
ShortKuCoin SKYUSDTM0.068730.0100get 0.0050% / 4h1h 59m$403K$291K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$0
Price spread: −0.029% → −0.031%
$0.17
Slippage, 4 orders
−$574.95
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$598.78
Costs to cover
5.989%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago3.63 bp22.9 bp −$2363.9 bp −$639doesn't fitdoesn't fit
Sell KuCoin live order book, 59 min ago32.82 bp275.4 bp −$275444.1 bp −$4,441doesn't fitdoesn't fit

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
Injective SKY/USDC PERP+0.0033%1h0.06893+0.262%$376$303K12xas long as short
BloFin SKY-USDT+0.0042%4h0.06877+0.029%$579K$29K75xas long as short
Lighter SKY+0.0096%1h0.06870−0.074%$179K$117K10xas long as short
Variational Omni SKY+0.0100%4h0.06875+0.003%$183K$98Kas long as short
Nado SKY-PERP+0.0100%1h0.06869−0.087%$72K$31K5xas long as short
Hyperliquid SKY+0.0100%1h0.06881+0.089%$2.8M$887K3xas long as short
Aster SKYUSDT+0.0100%4h0.06873−0.030%$42K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06870−0.071%$15.6M$11.1M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06869−0.087%$7.2M$3.0M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06865−0.145%$807K$1.1M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SKY_USDT+0.0100%4h0.068750.000%$589K$284K50xas long as short
MEXC SKY_USDT+0.0100%4h0.06870−0.073%$1.0M$265K100xas long as short
KuCoin SKYUSDTMshort+0.0100%4h0.06873−0.029%$403K$291K50x
Bitget SKYUSDTlong+0.0100%4h0.06875long leg$2.8M$1.4M75x
BingX SKY-USDT+0.0100%4h0.06874−0.015%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06886+0.160%$26K$646K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06873−0.031%$1K$3K10xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06869−0.086%$81K50xas long as short