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+0.0066%/8h= +7.2% APRnext payment +$0.33 per $10,000 · paid last 24h +0.078%
Price spread now: BingX against Variational Omni+0.346%7-day average +0.052% · 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)−0.596%−$60 · spread now +0.346%, 7d avg +0.052%
Together, before fees−0.507%+ Points / potential airdropVariational Omni: Active · farm board−$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.294% dearer against Variational Omni than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKY0.068260.0034pay 0.0017% / 4h2h 11m$182K$113K
ShortBingX SKY-USDT0.068500.0100get 0.0050% / 4h2h 11m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$13.83
Price spread: +0.346% → +0.052%
$29.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$33.26
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; BingX: live order book, 7 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, 37 min ago5.82 bpdoesn't fit288.0 bp −$2,880doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago3.66 bp18.5 bp −$1861.7 bp −$617258.4 bp −$25.8K840.2 bp −$420.1K

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+0.976%$376$303K12xas long as short
Variational Omni SKYlong+0.0034%4h0.06826long leg$182K$113K
Lighter SKY+0.0096%1h0.06849+0.330%$179K$119K10xas long as short
Nado SKY-PERP+0.0100%1h0.06847+0.298%$71K$34K5xas long as short
Hyperliquid SKY+0.0100%1h0.06861+0.513%$2.8M$899K3xas long as short
Aster SKYUSDT+0.0100%4h0.06850+0.353%$42K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06852+0.372%$15.6M$11.1M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06845+0.273%$7.1M$3.0M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06847+0.302%$806K$1.1M20xas long as short
Gate SKY_USDT+0.0100%4h0.06837+0.156%$582K$293K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06851+0.361%$1.0M$268K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06850+0.346%$402K$292K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06848+0.317%$2.8M$1.4M75xas long as short
BingX SKY-USDTshort+0.0100%4h0.06850+0.346%$2.4M
ApeX Omni SKYUSDT+0.0100%1h0.06840+0.200%$27K$646K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06850+0.353%$1K$3K10xas long as short
BloFin SKY-USDT+0.0153%4h0.06843+0.244%$575K$29K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0521% / S −0.0248%1h0.06849+0.326%$81K50xas long as short