SKY

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowSKY-USDC	0.06802	+0.0100	pay 0.0013% / 1h	52m 45s	$12K	$170K	50x	Long TxFlow5% off
SHORT	KuCoinSKYUSDTM	0.06787	−0.0804	pay 0.0402% / 4h	2h 52m	$319K	$350K	25x	Short KuCoin

Price gap−0.221%48s

Funding gap−0.0904% /8h

Both sides work against this direction now: funding costs $27 a day on $10k and the gap is 0.396% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$19−0.0904% /8h now · paid +0.193% over the last 7D

Price—spread −0.221%48s now · prices read too far apart to compare

Costs−$4344.339% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropTxFlow: points · farm boardneeds both prices read together

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.193% in total, about +0.0092%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.221%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SKY on 19 exchanges

lowest funding first

Before you open

1 ok · 5 to watch

Watch: Thin at this size22.2 / 191.9 bp
At $10k entering KuCoin costs 191.9 bp, fee and slippage, 8.6× TxFlow’s.
Note: Margin at max leverage$200 + $400
TxFlow 50x, KuCoin 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$27.12Long TxFlow: 24 payments, −$3.00; short KuCoin: 6 payments, −$24.12.
Watch: Prices read 48 s apart−0.221% vs +0.175%
Part of this gap may be the market moving.
Watch: Long leg is thinner$12K vs $319K OI
TxFlow sets your exit cost. Check its book before closing.
OK: Points on a legTxFlow points
Volume here counts toward the points program.
Watch: KYCTxFlow No · KuCoin Yes
Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0092%/8h × 21 periods+$19.33

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$412.93

Fee TxFlow bp × 2 orders−$9.00

Fee KuCoin bp × 2 orders−$12.00

Net · 7 days · $10k−$414.60

price spread not counted: prices read too far apart

Costs to cover4.339%Break-even157.1 days

Slippage: TxFlow: live order book, 64 min ago; KuCoin: live order book, 20 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGTxFlow3.7122.2 bp−$22122.7 bp−$1,227doesn’t fitdoesn’t fit

SELL · SHORTKuCoin19.15191.9 bp−$192370.6 bp−$3,706doesn’t fitdoesn’t fit

Closing costs about the same again.

SKY