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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRnext payment $0.33 per $10,000 · paid last 24h −0.078%
Price spread now: Variational Omni against Bitget−0.170%7-day average −0.049% · 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)−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.422%+$42 · spread now −0.170%, 7d avg −0.049%
Together, before fees+0.334%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.121% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKYUSDT0.068380.0100pay 0.0050% / 4h2h 15m$2.8M$1.5M75x
ShortVariational Omni SKY0.068260.0034get 0.0017% / 4h2h 15m$182K$113K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$13.83
Price spread: −0.170% → −0.049%
−$12.15
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.98
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 33 min ago. 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, 2 min ago5.12 bp22.6 bp −$2353.6 bp −$536doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 33 min ago5.82 bpdoesn't fit173.1 bp −$1,731doesn't fitdoesn't fit

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
Injective SKY/USDC PERP+0.0033%1h0.06893+0.804%$376$303K12xas long as short
Variational Omni SKYshort+0.0034%4h0.06826−0.170%$182K$113K
BloFin SKY-USDT+0.0064%4h0.06827−0.161%$576K$29K75xas long as short
Lighter SKY+0.0096%1h0.06836−0.029%$179K$119K10xas long as short
Hyperliquid SKY+0.0100%1h0.06845+0.104%$2.8M$898K3xas long as short
Aster SKYUSDT+0.0100%4h0.06841+0.040%$42K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06841+0.040%$15.5M$11.1M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06829−0.132%$7.1M$3.0M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06831−0.102%$804K$1.1M20xas long as short
Gate SKY_USDT+0.0100%4h0.06825−0.190%$581K$293K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06837−0.015%$999K$268K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06837−0.015%$401K$292K50xas long as short
Bitget SKYUSDTlong+0.0100%4h0.06838long leg$2.8M$1.5M75x
BingX SKY-USDT+0.0100%4h0.06833−0.073%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06839+0.015%$27K$647K50xas long as short
Nado SKY-PERP+0.0100%1h0.06832−0.084%$71K$34K5xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06838−0.003%$1K$3K10xas long as short
GMX SKY/USD [ETH-USDC]L +0.0521% / S −0.0248%1h0.06834−0.064%$81K50xas long as short