Funding arb · Price arb /

SKY

all SKY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Binance−0.013%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKYUSDT	0.06923	0.0100	pay 0.0050% / 4h	1h 31m	$15.8M	$10.9M	75x
Short	Aster SKYUSDT	0.06922	0.0100	get 0.0050% / 4h	1h 31m	$42K	$43K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee AsterbpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → 0.000%: −$1.33
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.33
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 9 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 9 min ago	0.72 bp	17.0 bp −$17	57.6 bp −$576	363.5 bp −$36.4K	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SKY	−0.0390%	4h	0.06916	−0.101%	$185K	$126K	—	as long as short
Bybit SKYUSDT	−0.0025%	4h	0.06912	−0.153%	$7.3M	$3.3M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+3.603%	$392	$303K	12x	as long as short
BloFin SKY-USDT	+0.0083%	4h	0.06919	−0.052%	$588K	$29K	75x	as long as short
Lighter SKY	+0.0096%	1h	0.06918	−0.065%	$180K	$177K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06919	−0.045%	$74K	$30K	5x	as long as short
Aster SKYUSDTshort	+0.0100%	4h	0.06922	−0.013%	$42K	$43K	20x
Binance SKYUSDTlong	+0.0100%	4h	0.06923	long leg	$15.8M	$10.9M	75x
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06915	−0.110%	$826K	$1.2M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06915	−0.110%	$593K	$277K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.06922	−0.009%	$1.0M	$271K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06921	−0.023%	$412K	$293K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06921	−0.023%	$2.9M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06919	−0.052%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06924	+0.020%	$27K	$665K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06920	−0.044%	$1K	$3K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06918	−0.062%	$82K	—	50x	as long as short
Hyperliquid SKY	+0.0929%	1h	0.06936	+0.198%	$2.9M	$915K	3x	as long as short