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

SKY

all SKY markets
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Funding spread now, next payment 17:00 UTC+0.0690%/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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKYUSDTM0.072430.0100pay 0.0050% / 4h3h 13m$455K$292K50x
ShortHyperliquid SKY0.072830.0790get 0.0099% / 1h13m 35s$3.1M$989K3x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$144.8
Slippage, 4 orders
−$1,116.04
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$992.25
Break-even
55.0 days
Slippage from KuCoin: live order book, 36 min ago; Hyperliquid: live order book, 9 min ago.

Price risk

price view
Price gap now
+0.549%
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 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 KuCoin live order book, 36 min ago46.17 bp501.7 bp −$502892.2 bp −$8,922doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago2.89 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit

SKY on 18 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Injective SKY/USDC PERP+0.0033%1h$395$162K12xas long as short
Nado SKY-PERP+0.0045%1h$71K$28K5xas long as short
BloFin SKY-USDT+0.0049%4h$635K$615K75xas long as short
Lighter SKY+0.0096%1h$197K$171K10xas long as short
Aster SKYUSDT+0.0100%4h$44K$47K20xas long as short
Binance SKYUSDT+0.0100%4h$16.9M$9.4M75xas long as short
Bybit SKYUSDT+0.0100%4h$8.2M$3.1M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h$882K$1.4M20xas long as short
Gate SKY_USDT+0.0100%4h$634K$242K50xas long as short
MEXC SKY_USDT+0.0100%4h$1.2M$287K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin SKYUSDTMlong+0.0100%4h$455K$292K50x
Bitget SKYUSDT+0.0100%4h$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h$2.4Mas long as short
Variational Omni SKY+0.0100%4h$201K$91Kas long as short
ApeX Omni SKYUSDT+0.0100%1h$20K$683K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h$705$2K10xas long as short
GMX SKY/USD [ETH-USDC]L +0.0539% / S −0.0248%1h$86K50xas long as short
Hyperliquid SKYshort+0.0790%1h$3.1M$989K3x