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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0149%/8h= +16.3% APRpaid last 24h +0.044%
Price spread now: GMX against Aster−0.131%81s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.131% cheaper against Aster than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 2.9 days of funding at the current rate (+$4 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SKYUSDT0.067760.0100pay 0.0050% / 4h2h 18m$42K$41K20x
ShortGMX SKY/USD [ETH-USDC]0.06767L +0.0517% / S −0.0249%get 0.0031% / 1h18m 05s$80K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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
$31.19
Price spread: −0.131% → 0.000%
−$13.13
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$1.94
Costs to cover
0.200%
Break-even
7.4 days
Slippage unknown: Aster: no order-book sample; GMX: 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 Aster no order-book sample
Sell GMX no order-book sample
Aster and GMX: 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 exchanges

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−0.0174%4h0.06767−0.139%$181K$90Kas long as short
Bybit SKYUSDT−0.0173%4h0.06761−0.221%$7.0M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+1.727%$376$303K12xas long as short
BloFin SKY-USDT+0.0080%4h0.06780+0.059%$574K$32K75xas long as short
Lighter SKY+0.0096%1h0.06769−0.097%$178K$106K10xas long as short
Nado SKY-PERP+0.0100%1h0.06764−0.177%$68K$35K5xas long as short
Aster SKYUSDTlong+0.0100%4h0.06776long leg$42K$41K20x
Binance SKYUSDT+0.0100%4h0.06774−0.036%$15.1M$10.9M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06763−0.192%$791K$1.1M20xas long as short
Gate SKY_USDT+0.0100%4h0.06766−0.148%$573K$284K50xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06773−0.044%$996K$262K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06773−0.044%$400K$275K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06773−0.044%$2.8M$1.3M75xas long as short
BingX SKY-USDT+0.0100%4h0.06766−0.148%$2.5Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06778+0.030%$34K$649K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06769−0.108%$1K$4K10xas long as short
GMX SKY/USD [ETH-USDC]shortL +0.0517% / S −0.0249%1h0.06767−0.131%$80K50x
Hyperliquid SKY+0.0672%1h0.06785+0.131%$2.8M$812K3xas long as short