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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin+0.042%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$875as in the Funding arb table
Net, price: spread back to 7d avg − costs−$874as in the Price arb table
costs, in and out, $10k−$8758.752% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.042%, 7d avg +0.033%
Together, before fees−0.130%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKYUSDTM0.071060.0100pay 0.0050% / 4h1h 04m$430K$289K50x
ShortBitget SKYUSDT0.071090.0100get 0.0050% / 4h1h 04m$2.9M$2.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.042% → +0.033%
$0.96
Slippage, 4 orders
−$851.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$874.26
Costs to cover
8.752%
Break-even
never at this rate
Slippage from KuCoin: live order book, 68 min ago; Bitget: live order book, 8 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, 68 min ago37.53 bp254.0 bp −$254834.1 bp −$8,341doesn't fitdoesn't fit
Sell Bitget live order book, 8 min ago4.24 bp19.4 bp −$1972.8 bp −$728doesn'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
Variational Omni SKY−0.0652%4h0.07080−0.372%$194K$104Kas long as short
Bybit SKYUSDT−0.0253%4h0.07100−0.084%$7.7M$3.4M25xas long as short
Injective SKY/USDC PERP+0.0014%1h0.07172+0.929%$392$303K12xas long as short
Nado SKY-PERP+0.0073%1h0.07108+0.028%$70K$26K5xas long as short
Lighter SKY+0.0096%1h0.07110+0.055%$186K$163K10xas long as short
Aster SKYUSDT+0.0100%4h0.07106+0.005%$43K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.07111+0.070%$16.2M$10.3M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07108+0.028%$856K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07100−0.084%$606K$261K50xas long as short
MEXC SKY_USDT+0.0100%4h0.07110+0.056%$1.1M$290K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTMlong+0.0100%4h0.07106long leg$430K$289K50x
Bitget SKYUSDTshort+0.0100%4h0.07109+0.042%$2.9M$2.1M75x
BingX SKY-USDT+0.0100%4h0.071060.000%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07083−0.324%$20K$684K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07106+0.006%$1K$2K10xas long as short
BloFin SKY-USDT+0.0138%4h0.07103−0.042%$594K$29K75xas long as short
Hyperliquid SKY+0.0314%1h0.07121+0.208%$3.0M$928K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0529% / S −0.0248%1h0.07109+0.048%$84K50xas long as short