Funding arb · Price arb /

SKY

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against KuCoin−0.012%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SKYUSDTM	0.06867	0.0100	pay 0.0050% / 4h	1h 45m	$402K	$292K	50x
Short	Aster SKYUSDT	0.06866	0.0100	get 0.0050% / 4h	1h 45m	$42K	$44K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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

Position, each leg$Hold fordaysFee KuCoinbpFee AsterbpOrdersPrice spread, now −0.012%Rate

Funding earned: $0
Price spread: −0.012% → 0.000%: −$1.2
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.2
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 72 min ago; Aster: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 72 min ago	32.82 bp	279.2 bp −$279	458.6 bp −$4,586	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.379%	$376	$303K	12x	as long as short
Variational Omni SKY	+0.0052%	4h	0.06852	−0.221%	$183K	$98K	—	as long as short
BloFin SKY-USDT	+0.0083%	4h	0.06868	+0.015%	$584K	$29K	75x	as long as short
Lighter SKY	+0.0096%	1h	0.06862	−0.077%	$179K	$117K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06860	−0.095%	$72K	$31K	5x	as long as short
Aster SKYUSDTshort	+0.0100%	4h	0.06866	−0.012%	$42K	$44K	20x
Binance SKYUSDT	+0.0100%	4h	0.06869	+0.031%	$15.6M	$11.2M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06861	−0.087%	$7.2M	$3.0M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06861	−0.087%	$801K	$1.2M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06854	−0.189%	$585K	$286K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.06868	+0.015%	$1.0M	$266K	100x	as long as short
KuCoin SKYUSDTMlong	+0.0100%	4h	0.06867	long leg	$402K	$292K	50x
Bitget SKYUSDT	+0.0100%	4h	0.06865	−0.029%	$2.8M	$1.4M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06866	−0.015%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06861	−0.087%	$26K	$645K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06866	−0.019%	$1K	$3K	10x	as long as short
Hyperliquid SKY	+0.0137%	1h	0.06876	+0.137%	$2.8M	$885K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06871	+0.064%	$81K	—	50x	as long as short