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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0490%/8h= +53.6% APRnext payment +$2.45 per $10,000 · paid last 24h +0.065%
Price spread now: Aster against Variational Omni+0.158%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Aster is 0.158% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKY0.06916−0.0390get 0.0195% / 4h1h 34m$185K$126K
ShortAster SKYUSDT0.069270.0100get 0.0050% / 4h1h 34m$42K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$102.85
Price spread: +0.158% → 0.000%
$15.83
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$110.69
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 29 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 29 min ago5.80 bpdoesn't fit284.0 bp −$2,840doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKYlong−0.0390%4h0.06916long leg$185K$126K
Bybit SKYUSDT−0.0058%4h0.06915−0.009%$7.3M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.07172+3.707%$392$303K12xas long as short
BloFin SKY-USDT+0.0073%4h0.06924+0.121%$586K$29K75xas long as short
Lighter SKY+0.0096%1h0.06922+0.095%$180K$177K10xas long as short
Nado SKY-PERP+0.0100%1h0.06921+0.074%$70K$29K5xas long as short
Aster SKYUSDTshort+0.0100%4h0.06927+0.158%$42K$43K20x
Binance SKYUSDT+0.0100%4h0.06926+0.147%$15.8M$11.1M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06919+0.048%$827K$1.2M20xas long as short
Gate SKY_USDT+0.0100%4h0.06919+0.048%$593K$277K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06924+0.121%$1.0M$271K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06924+0.121%$412K$295K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06925+0.135%$2.9M$1.6M75xas long as short
BingX SKY-USDT+0.0100%4h0.06920+0.063%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06923+0.106%$27K$666K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06926+0.154%$1K$3K10xas long as short
GMX SKY/USD [ETH-USDC]L +0.0524% / S −0.0248%1h0.06924+0.119%$82K50xas long as short
Hyperliquid SKY+0.0927%1h0.06940+0.354%$2.9M$913K3xas long as short