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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.004%
Price spread now: Nado against Bitget+0.095%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Nado is 0.095% dearer against Bitget than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKYUSDT0.070810.0100pay 0.0050% / 4h1h 16m$2.9M$2.1M75x
ShortNado SKY-PERP0.070880.0067get 0.0008% / 1h16m 07s$70K$26K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bitget. 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
−$6.92
Price spread: +0.095% → 0.000%
$9.53
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$16.39
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Nado: 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 Bitget live order book, 1 min ago5.65 bp21.7 bp −$2250.9 bp −$509doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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−0.0538%4h0.07089+0.115%$195K$104Kas long as short
Bybit SKYUSDT−0.0299%4h0.07071−0.141%$7.7M$3.4M25xas long as short
Injective SKY/USDC PERP+0.0014%1h0.07172+1.285%$392$303K12xas long as short
Nado SKY-PERPshort+0.0067%1h0.07088+0.095%$70K$26K5x
Lighter SKY+0.0096%1h0.07088+0.097%$186K$163K10xas long as short
Aster SKYUSDT+0.0100%4h0.07086+0.076%$43K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.07086+0.065%$16.1M$10.3M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07077−0.056%$853K$1.4M20xas long as short
Gate SKY_USDT+0.0100%4h0.07080−0.014%$605K$261K50xas long as short
MEXC SKY_USDT+0.0100%4h0.07084+0.042%$1.1M$289K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.07085+0.056%$428K$288K50xas long as short
Bitget SKYUSDTlong+0.0100%4h0.07081long leg$2.9M$2.1M75x
BingX SKY-USDT+0.0100%4h0.07077−0.056%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07106+0.353%$20K$684K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07089+0.113%$1K$2K10xas long as short
BloFin SKY-USDT+0.0124%4h0.07088+0.099%$594K$30K75xas long as short
Hyperliquid SKY+0.0292%1h0.07095+0.196%$3.0M$930K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0528% / S −0.0248%1h0.07087+0.082%$84K50xas long as short