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

SKY

all SKY markets
SwapBacktest
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: Binance against MEXC+0.009%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.536% 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 7 days−0.003%$0 · spread now +0.009%, 7d avg +0.008%
Together, before fees−0.003%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SKY_USDT0.068720.0100pay 0.0050% / 4h50m 35s$1.0M$262K100x
ShortBinance SKYUSDT0.068730.0100get 0.0050% / 4h50m 35s$15.7M$10.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.009% → +0.008%
$0.05
Slippage, 4 orders
−$39.58
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$53.54
Costs to cover
0.536%
Break-even
never at this rate
Slippage from MEXC: live order book, just now; Binance: live order book, 5 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 MEXC live order book, just now1.46 bp10.4 bp −$1031.5 bp −$315279.4 bp −$27.9Kdoesn't fit
Sell Binance live order book, 5 min ago1.45 bp16.2 bp −$1658.5 bp −$585301.8 bp −$30.2Kdoesn'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
Variational Omni SKY−0.0252%4h0.06861−0.156%$183K$113Kas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+0.306%$376$303K12xas long as short
Bybit SKYUSDT+0.0046%4h0.06871−0.015%$7.2M$3.2M25xas long as short
BloFin SKY-USDT+0.0089%4h0.06886+0.204%$587K$29K75xas long as short
Lighter SKY+0.0096%1h0.06872+0.001%$179K$177K10xas long as short
Nado SKY-PERP+0.0100%1h0.06866−0.087%$73K$30K5xas long as short
Aster SKYUSDT+0.0100%4h0.06878+0.082%$42K$43K20xas long as short
Binance SKYUSDTshort+0.0100%4h0.06873+0.009%$15.7M$10.9M75x
OKX SKY-USDT-SWAP+0.0100%4h0.06873+0.015%$823K$1.2M20xas long as short
Gate SKY_USDT+0.0100%4h0.06865−0.102%$596K$271K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDTlong+0.0100%4h0.06872long leg$1.0M$262K100x
KuCoin SKYUSDTM+0.0100%4h0.06876+0.058%$405K$291K50xas long as short
Bitget SKYUSDT+0.0100%4h0.068720.000%$2.8M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.06873+0.015%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06889+0.247%$27K$661K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06870−0.033%$1K$3K10xas long as short
Hyperliquid SKY+0.0137%1h0.06888+0.236%$2.8M$928K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06869−0.039%$81K50xas long as short