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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.078%
Price spread now: Binance against Variational Omni+0.190%7-day average +0.098% · 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 4 days (all we have)+0.089%+$9 on $10k
Price spread, last 4 days (all we have)−0.319%−$32 · spread now +0.190%, 7d avg +0.098%
Together, before fees−0.230%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.093% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKY0.068300.0059pay 0.0029% / 4h1h 31m$183K$98K
ShortBinance SKYUSDT0.068430.0100get 0.0050% / 4h1h 31m$15.5M$11.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$8.65
Price spread: +0.190% → +0.098%
$9.25
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$7.9
Costs to cover
0.100%
Break-even
0.6 days
Slippage unknown: Variational Omni: RFQ quote, 12 min ago; Binance: live order book, 9 min ago. 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, 12 min ago4.37 bpdoesn't fit289.9 bp −$2,899doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.73 bp16.2 bp −$1660.3 bp −$603329.6 bp −$33.0Kdoesn'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
Injective SKY/USDC PERP+0.0033%1h0.06893+0.925%$376$303K12xas long as short
Variational Omni SKYlong+0.0059%4h0.06830long leg$183K$98K
Lighter SKY+0.0096%1h0.06838+0.119%$179K$117K10xas long as short
Nado SKY-PERP+0.0100%1h0.06838+0.124%$71K$31K5xas long as short
Aster SKYUSDT+0.0100%4h0.06843+0.190%$42K$44K20xas long as short
Binance SKYUSDTshort+0.0100%4h0.06843+0.190%$15.5M$11.2M75x
Bybit SKYUSDT+0.0100%4h0.06833+0.047%$7.1M$3.0M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06837+0.105%$798K$1.1M20xas long as short
Gate SKY_USDT+0.0100%4h0.06828−0.026%$582K$287K50xas long as short
MEXC SKY_USDT+0.0100%4h0.06842+0.179%$998K$266K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.06842+0.179%$401K$292K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06838+0.120%$2.8M$1.4M75xas long as short
BingX SKY-USDT+0.0100%4h0.06841+0.164%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06846+0.237%$26K$646K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06838+0.117%$1K$3K10xas long as short
Hyperliquid SKY+0.0141%1h0.06854+0.356%$2.8M$883K3xas long as short
BloFin SKY-USDT+0.0153%4h0.06831+0.018%$581K$29K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06836+0.098%$81K50xas long as short