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+0.0007%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.003%
Price spread now: Orderly against BloFin+0.029%52s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.029% dearer against BloFin than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKY-USDT0.071930.0093pay 0.0046% / 4h2h 29m$609K$609K75x
ShortOrderly PERP_SKY_USDC_mythos0.071950.0100get 0.0050% / 4h2h 29m$698$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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
$1.49
Price spread: +0.029% → 0.000%
$2.92
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$13.6
Costs to cover
0.180%
Break-even
71.1 days
Slippage unknown: BloFin: live order book, 56 min ago; Orderly: 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 BloFin live order book, 56 min ago0.69 bp22.1 bp −$2246.4 bp −$464doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0607%4h0.07188−0.067%$207K$94Kas long as short
Bybit SKYUSDT−0.0272%4h0.07190−0.042%$7.9M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.07199+0.083%$393$222K12xas long as short
BloFin SKY-USDTlong+0.0093%4h0.07193long leg$609K$609K75x
Lighter SKY+0.0096%1h0.07195+0.022%$188K$163K10xas long as short
Nado SKY-PERP+0.0100%1h0.07192−0.007%$71K$26K5xas long as short
Aster SKYUSDT+0.0100%4h0.07197+0.055%$43K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.07195+0.028%$16.6M$9.5M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07190−0.042%$870K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07183−0.139%$617K$254K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.07194+0.014%$1.1M$280K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.07184−0.125%$442K$287K50xas long as short
Bitget SKYUSDT+0.0100%4h0.07195+0.028%$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h0.07189−0.056%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07195+0.028%$20K$685K50xas long as short
Orderly PERP_SKY_USDC_mythosshort+0.0100%4h0.07195+0.029%$698$2K10x
Hyperliquid SKY+0.0353%1h0.07205+0.161%$3.0M$905K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0534% / S −0.0248%1h0.07192−0.019%$85K50xas long as short