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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.007%
Price spread now: Injective against Nado+0.090%7-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 · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.090% dearer against Nado than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SKY-PERP0.071920.0100pay 0.0012% / 1h32m 59s$71K$26K5x
ShortInjective SKY/USDC PERP0.071990.0033get 0.0004% / 1h32m 59s$393$222K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +0.090% → 0.000%
$9.04
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$11.98
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: no order-book sample; Injective: 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 Injective no order-book sample
Nado and Injective: 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−0.0605%4h0.07181−0.156%$207K$94Kas long as short
Bybit SKYUSDT−0.0264%4h0.07183−0.132%$7.9M$3.3M25xas long as short
Injective SKY/USDC PERPshort+0.0033%1h0.07199+0.090%$393$222K12x
Lighter SKY+0.0096%1h0.07195+0.036%$188K$163K10xas long as short
BloFin SKY-USDT+0.0097%4h0.07198+0.076%$608K$609K75xas long as short
Nado SKY-PERPlong+0.0100%1h0.07192long leg$71K$26K5x
Aster SKYUSDT+0.0100%4h0.07197+0.060%$43K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.07193+0.007%$16.6M$9.5M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07186−0.090%$871K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07189−0.049%$618K$254K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.07193+0.007%$1.1M$280K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.07185−0.104%$442K$287K50xas long as short
Bitget SKYUSDT+0.0100%4h0.07196+0.049%$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h0.07189−0.049%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07198+0.076%$20K$685K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07197+0.057%$698$2K10xas long as short
Hyperliquid SKY+0.0357%1h0.07205+0.181%$3.0M$904K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0534% / S −0.0248%1h0.07194+0.025%$85K50xas long as short