SKY

Alert

Funding spread now, next payment 17:00 UTC−0.0694%/8h

paid, last 24h−0.226%paid, last 7 days−0.361%to open and close $10k−$1,137

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.361% in total (about -18.8% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid SKY	0.07282	0.0794	pay 0.0099% / 1h	12m 53s	$3.1M	$989K	3x
Short	KuCoin SKYUSDTM	0.07245	0.0100	get 0.0050% / 4h	3h 12m	$455K	$291K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee KuCoinbpOrdersRate

Funding earned: −$145.75
Slippage, 4 orders: −$1,116.04
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,282.79
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 10 min ago; KuCoin: live order book, 37 min ago.

Price risk

price view

Price gap now: −0.504%
Avg gap 7d: −0.276%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 10 min ago	2.89 bp	15.4 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 37 min ago	46.17 bp	609.1 bp −$609	754.1 bp −$7,541	doesn't fit	doesn't fit

SKY on 18 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective SKY/USDC PERP	+0.0033%	1h	$395	$162K	12x	as long as short
Nado SKY-PERP	+0.0045%	1h	$71K	$28K	5x	as long as short
Lighter SKY	+0.0096%	1h	$198K	$171K	10x	as long as short
Aster SKYUSDT	+0.0100%	4h	$44K	$47K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	$16.9M	$9.4M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	$8.2M	$3.1M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	$882K	$1.4M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	$634K	$242K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	$1.2M	$287K	100x	as long as short
KuCoin SKYUSDTMshort	+0.0100%	4h	$455K	$291K	50x

Show all 18 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget SKYUSDT	+0.0100%	4h	$3.0M	$2.0M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	—	$2.4M	—	as long as short
Variational Omni SKY	+0.0100%	4h	$201K	$91K	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	$20K	$683K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	$705	$2K	10x	as long as short
BloFin SKY-USDT	+0.0123%	4h	$629K	$615K	75x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0539% / S −0.0248%	1h	$86K	—	50x	as long as short
Hyperliquid SKYlong	+0.0794%	1h	$3.1M	$989K	3x