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

SKY

all SKY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against KuCoin+0.219%67s7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$558as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5465.465% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 4 days (all we have)+0.277%+$28 · spread now +0.219%, 7d avg +0.101%
Together, before fees+0.163%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.118% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.101%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKYUSDTM0.068530.0100pay 0.0050% / 4h1h 38m$401K$292K50x
ShortApeX Omni SKYUSDT0.068680.0100get 0.0013% / 1h38m 29s$26K$645K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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
$0
Price spread: +0.219% → +0.101%
$11.83
Slippage, 4 orders
−$524.5
Fee KuCoin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$534.67
Costs to cover
5.465%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; ApeX Omni: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago34.98 bp252.4 bp −$252406.1 bp −$4,061doesn't fitdoesn't fit
Sell ApeX Omni live order book, 5 min ago9.47 bp17.2 bp −$17103.2 bp −$1,032doesn'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+0.584%$376$303K12xas long as short
Variational Omni SKY+0.0059%4h0.06859+0.092%$183K$98Kas long as short
Lighter SKY+0.0096%1h0.06863+0.150%$179K$117K10xas long as short
Nado SKY-PERP+0.0100%1h0.06850−0.040%$71K$31K5xas long as short
Aster SKYUSDT+0.0100%4h0.06854+0.013%$42K$44K20xas long as short
Binance SKYUSDT+0.0100%4h0.06847−0.088%$15.6M$11.2M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06844−0.131%$7.1M$3.0M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06845−0.117%$799K$1.1M20xas long as short
Gate SKY_USDT+0.0100%4h0.06843−0.146%$583K$286K50xas long as short
MEXC SKY_USDT+0.0100%4h0.06849−0.058%$999K$266K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTMlong+0.0100%4h0.06853long leg$401K$292K50x
Bitget SKYUSDT+0.0100%4h0.06851−0.029%$2.8M$1.4M75xas long as short
BingX SKY-USDT+0.0100%4h0.06845−0.117%$2.4Mas long as short
ApeX Omni SKYUSDTshort+0.0100%1h0.06868+0.219%$26K$645K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06862+0.136%$1K$3K10xas long as short
BloFin SKY-USDT+0.0109%4h0.06867+0.204%$581K$29K75xas long as short
Hyperliquid SKY+0.0125%1h0.06860+0.095%$2.8M$882K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0523% / S −0.0248%1h0.06864+0.159%$81K50xas long as short