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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.132%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2002.004% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.132%, 7d avg +0.120%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKY_USDT0.068180.0100pay 0.0050% / 4h3h 39m$583K$293K50x
ShortMEXC SKY_USDT0.068270.0100get 0.0050% / 4h3h 39m$1.0M$267K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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: +0.132% → +0.120%
$1.17
Slippage, 4 orders
−$181.39
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$199.22
Costs to cover
2.004%
Break-even
never at this rate
Slippage from Gate: live order book, 56 min ago; MEXC: live order book, 1 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 Gate live order book, 56 min ago5.16 bp77.4 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.93 bp10.9 bp −$1175.4 bp −$754286.4 bp −$28.6Kdoesn'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
Bybit SKYUSDT−0.0259%4h0.06825+0.103%$7.1M$3.3M25xas long as short
Variational Omni SKY−0.0004%4h0.06831+0.196%$182K$98Kas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+1.100%$376$303K12xas long as short
Lighter SKY+0.0096%1h0.06826+0.117%$179K$105K10xas long as short
BloFin SKY-USDT+0.0098%4h0.06817−0.015%$580K$28K75xas long as short
Nado SKY-PERP+0.0100%1h0.06828+0.150%$69K$35K5xas long as short
Hyperliquid SKY+0.0100%1h0.06839+0.311%$2.8M$888K3xas long as short
Aster SKYUSDT+0.0100%4h0.06830+0.181%$42K$45K20xas long as short
Binance SKYUSDT+0.0100%4h0.06828+0.145%$15.4M$11.5M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06821+0.044%$799K$1.2M20xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SKY_USDTlong+0.0100%4h0.06818long leg$583K$293K50x
MEXC SKY_USDTshort+0.0100%4h0.06827+0.132%$1.0M$267K100x
KuCoin SKYUSDTM+0.0100%4h0.06823+0.073%$403K$293K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06823+0.073%$2.8M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.06825+0.103%$2.5Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06827+0.132%$34K$654K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06835+0.246%$1K$5K10xas long as short
GMX SKY/USD [ETH-USDC]L +0.0521% / S −0.0248%1h0.06831+0.188%$81K50xas long as short