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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Orderly against Aster+0.034%49s7-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 5 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.034% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SKYUSDT0.067540.0100pay 0.0050% / 4h8m 30s$41K$33K20x
ShortOrderly PERP_SKY_USDC_mythos0.067560.0100get 0.0050% / 4h8m 30s$1K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$0
Price spread: +0.034% → 0.000%
$3.35
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$10.65
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample
Sell Orderly no order-book sample
Aster and 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 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−0.0397%4h0.06740−0.206%$194K$88Kas long as short
Bybit SKYUSDT−0.0137%4h0.06745−0.134%$6.9M$3.2M25xas long as short
Nado SKY-PERP+0.0017%1h0.06752−0.026%$68K$34K5xas long as short
Lighter SKY+0.0096%1h0.06752−0.032%$178K$100K10xas long as short
BloFin SKY-USDT+0.0096%4h0.06756+0.029%$573K$40K75xas long as short
Hyperliquid SKY+0.0100%1h0.06759+0.078%$2.8M$745K3xas long as short
Aster SKYUSDTlong+0.0100%4h0.06754long leg$41K$33K20x
Binance SKYUSDT+0.0100%4h0.06749−0.075%$15.0M$10.3M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06746−0.119%$797K$988K20xas long as short
Gate SKY_USDT+0.0100%4h0.06746−0.119%$576K$261K50xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06748−0.089%$1.2M$297K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06752−0.030%$391K$37K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06751−0.045%$2.8M$1.1M75xas long as short
BingX SKY-USDT+0.0100%4h0.06747−0.104%$2.5Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06750−0.060%$34K$651K50xas long as short
Orderly PERP_SKY_USDC_mythosshort+0.0100%4h0.06756+0.034%$1K$4K10x
Injective SKY/USDC PERP+0.0175%1h0.06756+0.029%$369$303K12xas long as short
GMX SKY/USD [ETH-USDC]L +0.0517% / S −0.0249%1h0.06757+0.041%$80K50xas long as short