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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.004%
Price spread now: Aster against Nado+0.059%48s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.059% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SKY-PERP0.071940.0080pay 0.0010% / 1h50m 38s$71K$25K5x
ShortAster SKYUSDT0.071980.0100get 0.0050% / 4h1h 50m$43K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Nado. 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
$4.22
Price spread: +0.059% → 0.000%
$5.9
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$4.88
Costs to cover
0.150%
Break-even
15.1 days
Slippage unknown: Nado: no order-book sample; Aster: 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 Nado no order-book sample
Sell Aster no order-book sample
Nado and Aster: 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−0.0512%4h0.07205+0.158%$207K$94Kas long as short
Bybit SKYUSDT−0.0111%4h0.07183−0.153%$7.9M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0014%1h0.07197+0.042%$393$260K12xas long as short
Nado SKY-PERPlong+0.0080%1h0.07194long leg$71K$25K5x
Lighter SKY+0.0096%1h0.07197+0.043%$189K$163K10xas long as short
Aster SKYUSDTshort+0.0100%4h0.07198+0.059%$43K$36K20x
Binance SKYUSDT+0.0100%4h0.07197+0.042%$16.6M$9.6M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07187−0.097%$868K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07199+0.070%$618K$252K50xas long as short
MEXC SKY_USDT+0.0100%4h0.07195+0.014%$1.1M$278K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.07200+0.083%$443K$279K50xas long as short
Bitget SKYUSDT+0.0100%4h0.07197+0.042%$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h0.07191−0.042%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07197+0.042%$20K$687K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07198+0.057%$698$2K10xas long as short
BloFin SKY-USDT+0.0117%4h0.07196+0.028%$606K$609K75xas long as short
Hyperliquid SKY+0.0411%1h0.07207+0.182%$3.0M$904K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0533% / S −0.0248%1h0.07192−0.028%$85K50xas long as short