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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Orderly against ApeX Omni−0.068%70s7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SKYUSDT0.069240.0100pay 0.0013% / 1h30m 22s$27K$665K50x
ShortOrderly PERP_SKY_USDC_mythos0.069190.0100get 0.0050% / 4h1h 30m$1K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against ApeX Omni. 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: −0.068% → 0.000%
−$6.79
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$22.79
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 33 min ago; Orderly: 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 ApeX Omni live order book, 33 min ago9.40 bp17.0 bp −$1796.4 bp −$964doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0369%4h0.06911−0.194%$184K$126Kas long as short
Bybit SKYUSDT−0.0021%4h0.06909−0.217%$7.3M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.07172+3.582%$392$303K12xas long as short
Lighter SKY+0.0096%1h0.06918−0.092%$180K$177K10xas long as short
Nado SKY-PERP+0.0100%1h0.06917−0.094%$74K$30K5xas long as short
Aster SKYUSDT+0.0100%4h0.06923−0.017%$42K$43K20xas long as short
Binance SKYUSDT+0.0100%4h0.06919−0.072%$15.8M$10.9M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06911−0.188%$826K$1.2M20xas long as short
Gate SKY_USDT+0.0100%4h0.06915−0.130%$593K$277K50xas long as short
MEXC SKY_USDT+0.0100%4h0.06919−0.072%$1.0M$271K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.06921−0.043%$412K$293K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06918−0.087%$2.9M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.06915−0.130%$2.4Mas long as short
ApeX Omni SKYUSDTlong+0.0100%1h0.06924long leg$27K$665K50x
Orderly PERP_SKY_USDC_mythosshort+0.0100%4h0.06919−0.068%$1K$3K10x
BloFin SKY-USDT+0.0148%4h0.06921−0.043%$588K$29K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0523% / S −0.0248%1h0.06917−0.100%$82K50xas long as short
Hyperliquid SKY+0.0929%1h0.06934+0.142%$2.9M$915K3xas long as short