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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against OKX+0.088%100s7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$990.991% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.103%−$10 on $10k
Price spread, last 4 days (all we have)+0.372%+$37 · spread now +0.088%, 7d avg +0.106%
Together, before fees+0.270%+$27 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKY-USDT-SWAP0.068520.0100pay 0.0050% / 4h13m 53s$817K$1.1M20x
ShortApeX Omni SKYUSDT0.068580.0100get 0.0013% / 1h13m 53s$27K$661K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.088% → +0.106%
−$1.87
Slippage, 4 orders
−$79.1
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$100.97
Costs to cover
0.991%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 44 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 OKX live order book, 3 min ago0.73 bp36.1 bp −$361929.0 bp −$19.3Kdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 44 min ago6.53 bp14.3 bp −$1498.3 bp −$983doesn'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−0.0185%4h0.06841−0.156%$183K$113Kas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+0.598%$376$303K12xas long as short
BloFin SKY-USDT+0.0084%4h0.06856+0.058%$585K$29K75xas long as short
Bybit SKYUSDT+0.0088%4h0.06846−0.088%$7.2M$3.2M25xas long as short
Lighter SKY+0.0096%1h0.06855+0.050%$179K$177K10xas long as short
Nado SKY-PERP+0.0100%1h0.06853+0.022%$73K$30K5xas long as short
Aster SKYUSDT+0.0100%4h0.06856+0.058%$41K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06856+0.056%$15.6M$10.9M75xas long as short
OKX SKY-USDT-SWAPlong+0.0100%4h0.06852long leg$817K$1.1M20x
Gate SKY_USDT+0.0100%4h0.06846−0.088%$593K$273K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06854+0.029%$1.0M$265K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06853+0.015%$403K$291K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06855+0.044%$2.8M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.068520.000%$2.4Mas long as short
ApeX Omni SKYUSDTshort+0.0100%1h0.06858+0.088%$27K$661K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06853+0.018%$1K$3K10xas long as short
Hyperliquid SKY+0.0327%1h0.06869+0.247%$2.8M$912K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06851−0.009%$81K50xas long as short