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

SKY

All SKY markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Bybit SpotSKYUSDT
0.06390spotno funding——$439K1xBuy Bybit Spot
SHORT
BybitSKYUSDT
0.06380+0.0100get 0.0050% / 4h3h 46m$6.2M$871K25xShort Bybit
Price gap−0.149%
Funding gap+0.0100% /8h

Funding pays +$3 a day on $10k, but the gap is 0.076% under its 7d average: −$8 if it goes back, about 2.5 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11+0.0100% /8h now · paid +0.114% over the last 7D
Price−$8spread −0.149% now, avg −0.073% → −0.076% if it goes back
Costs−$1571.568% of $10k · taker + slippage, in and out
Result−$153−1.53%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.149%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SKY on 18 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Watch: Thin at this size40.9 / 43.1 bp
    At $10k entering Bybit costs 43.1 bp, fee and slippage, 1.1× Bybit Spot’s.
  • Note: Spot in full, margin on the short$10,000 + $400
    The spot leg is bought with the whole $10k; Bybit runs at up to 25x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; Bybit settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
  • Watch: Gap narrower than usual−0.149% vs −0.073%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Note: Spot has no open interest$6.2M OI
    Only Bybit reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Spot Yes · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0054%/8h × 21 periods+$11.42
Price spread−0.149% → −0.073% (7d avg)−$7.56
Slippage, 4 orderslive order books−$125.83
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$152.96
Costs to cover1.568%Break-even100.7 days
Slippage: Bybit Spot: live order book, 13 min ago; Bybit: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit Spot3.1740.9 bp−$41175.6 bp−$1,756doesn’t fitdoesn’t fit
SELL · SHORTBybit3.9343.1 bp−$43387.1 bp−$3,871doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SKY news

posts that mention SKY, from every exchange
11-03 07:08BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ETH: ENA, USDE, PENDLE, WLD, QNT, SHIB, ZRO, FET, NIL, ONDO, ALT, SKY, LINK, ETHFI, REZ, JASMY, PUNDIX, BTC, BAT, STRK, POL, ANIME, LSK, RE, BREV, RLC, AMP, PLUME, BLUR, WBETH, ZBT, ENSO, AVA, TUSD ✅ SOL: USD1, PUMP, FDUSD, BMT, RENDER, RAY, TRUMP, MET, PENGU, JUP, PYTH, BONK, KMNO, BNSOL, ORCA, WIF, W, HUMA, JTO, IO, 2Z, BOME Already Enabled: ✅ ETH: RLUSD, USD1, TUSD, FDUSD, XUSD We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗