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−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.007%
Price spread now: Injective against ApeX Omni+0.233%7-day average +0.099% · 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 7 days−0.075%−$7 on $10k
Price spread, last 4 days (all we have)−0.609%−$61 · spread now +0.233%, 7d avg +0.099%
Together, before fees−0.684%−$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.134% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.233% now, against its 7-day average of +0.099%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SKYUSDT0.068770.0100pay 0.0013% / 1h19m 47s$27K$661K50x
ShortInjective SKY/USDC PERP0.068930.0033get 0.0004% / 1h19m 47s$376$303K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against ApeX 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
−$14
Price spread: +0.233% → +0.099%
$13.35
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$10.67
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 38 min ago; Injective: 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 ApeX Omni live order book, 38 min ago6.53 bp14.1 bp −$14106.6 bp −$1,066doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 SKY−0.0166%4h0.06860−0.251%$183K$113Kas long as short
Injective SKY/USDC PERPshort+0.0033%1h0.06893+0.233%$376$303K12x
BloFin SKY-USDT+0.0067%4h0.06866−0.160%$582K$29K75xas long as short
Lighter SKY+0.0096%1h0.06866−0.163%$179K$177K10xas long as short
Nado SKY-PERP+0.0100%1h0.06865−0.167%$73K$30K5xas long as short
Aster SKYUSDT+0.0100%4h0.06869−0.118%$41K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06866−0.160%$15.7M$11.0M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06858−0.276%$7.2M$3.2M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06859−0.262%$819K$1.2M20xas long as short
Gate SKY_USDT+0.0100%4h0.06872−0.073%$595K$272K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06867−0.145%$1.0M$265K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06871−0.087%$404K$291K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06865−0.174%$2.8M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.06864−0.189%$2.4Mas long as short
ApeX Omni SKYUSDTlong+0.0100%1h0.06877long leg$27K$661K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06869−0.121%$1K$3K10xas long as short
Hyperliquid SKY+0.0308%1h0.06876−0.020%$2.8M$911K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06864−0.182%$81K50xas long as short