data as of
Settings8H · net · $10k
Funding arb /

SKY

all SKY markets
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Funding spread now, next payment 16:00 UTC+0.0674%/8h
paid, last 24h+0.220%paid, last 7 days+0.420%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.420% in total (about 21.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKYUSDT0.072450.0100pay 0.0050% / 4h13m 06s$8.2M$3.2M25x
ShortHyperliquid SKY0.072710.0774get 0.0097% / 1h13m 06s$3.1M$1.0M3x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$141.5
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$121.5
Break-even
1.0 days
Slippage unknown: Bybit: live order book, 1 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.352%
Avg gap 7d
+0.195%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.76 bp38.0 bp −$38320.3 bp −$3,203doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago4.47 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit

SKY on 18 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Nado SKY-PERP+0.0020%1h$71K$28K5xas long as short
Lighter SKY+0.0096%1h$196K$166K10xas long as short
Aster SKYUSDT+0.0100%4h$44K$47K20xas long as short
Binance SKYUSDT+0.0100%4h$16.9M$9.6M75xas long as short
Bybit SKYUSDTlong+0.0100%4h$8.2M$3.2M25x
OKX SKY-USDT-SWAP+0.0100%4h$879K$1.5M20xas long as short
Gate SKY_USDT+0.0100%4h$632K$250K50xas long as short
MEXC SKY_USDT+0.0100%4h$1.2M$288K100xas long as short
KuCoin SKYUSDTM+0.0100%4h$456K$291K50xas long as short
Bitget SKYUSDT+0.0100%4h$3.0M$2.0M75xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BingX SKY-USDT+0.0100%4h$2.4Mas long as short
Variational Omni SKY+0.0100%4h$201K$92Kas long as short
ApeX Omni SKYUSDT+0.0100%1h$20K$683K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h$703$2K10xas long as short
Injective SKY/USDC PERP+0.0114%1h$395$218K12xas long as short
BloFin SKY-USDT+0.0133%4h$638K$614K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0540% / S −0.0248%1h$86K50xas long as short
Hyperliquid SKYshort+0.0774%1h$3.1M$1.0M3x