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% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX+0.117%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 4 days (all we have)+0.343%+$34 · spread now +0.117%, 7d avg +0.106%
Together, before fees+0.241%+$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKY-USDT-SWAP0.068630.0100pay 0.0050% / 4h47m 04s$822K$1.2M20x
ShortApeX Omni SKYUSDT0.068710.0100get 0.0013% / 1h47m 04s$27K$661K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.117% → +0.106%
$1.03
Slippage, 4 orders
−$81.31
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$100.28
Costs to cover
1.013%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 11 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 OKX live order book, 4 min ago3.64 bp32.1 bp −$321940.5 bp −$19.4Kdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 11 min ago6.53 bp14.3 bp −$1498.3 bp −$983doesn't fitdoesn'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%4h0.06861−0.025%$183K$113Kas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+0.437%$376$303K12xas long as short
Bybit SKYUSDT+0.0068%4h0.068630.000%$7.2M$3.2M25xas long as short
BloFin SKY-USDT+0.0073%4h0.06872+0.131%$584K$29K75xas long as short
Lighter SKY+0.0096%1h0.06870+0.095%$179K$177K10xas long as short
Nado SKY-PERP+0.0100%1h0.06867+0.055%$73K$30K5xas long as short
Aster SKYUSDT+0.0100%4h0.06870+0.095%$42K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06870+0.104%$15.7M$10.9M75xas long as short
OKX SKY-USDT-SWAPlong+0.0100%4h0.06863long leg$822K$1.2M20x
Gate SKY_USDT+0.0100%4h0.068630.000%$596K$271K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06870+0.102%$1.0M$262K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06869+0.087%$404K$291K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06869+0.087%$2.8M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.06867+0.058%$2.4Mas long as short
ApeX Omni SKYUSDTshort+0.0100%1h0.06871+0.117%$27K$661K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06869+0.093%$1K$3K10xas long as short
Hyperliquid SKY+0.0196%1h0.06882+0.274%$2.8M$929K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0523% / S −0.0248%1h0.06867+0.066%$81K50xas long as short