Funding arb · Price arb /

SKY

all SKY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Aster−0.022%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.022% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKYUSDT	0.07198	0.0100	pay 0.0050% / 4h	2h 32m	$43K	$36K	20x
Short	Bitget SKYUSDT	0.07196	0.0100	get 0.0050% / 4h	2h 32m	$3.0M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → 0.000%: −$2.22
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$22.22
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	4.17 bp	22.6 bp −$23	59.3 bp −$593	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SKY	−0.0605%	4h	0.07181	−0.227%	$207K	$94K	—	as long as short
Bybit SKYUSDT	−0.0261%	4h	0.07182	−0.217%	$7.9M	$3.3M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07199	+0.019%	$393	$222K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.07195	−0.031%	$188K	$163K	10x	as long as short
BloFin SKY-USDT	+0.0097%	4h	0.07198	+0.006%	$608K	$609K	75x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.07192	−0.071%	$71K	$26K	5x	as long as short
Aster SKYUSDTlong	+0.0100%	4h	0.07198	long leg	$43K	$36K	20x
Binance SKYUSDT	+0.0100%	4h	0.07194	−0.050%	$16.6M	$9.5M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07186	−0.161%	$871K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07189	−0.119%	$618K	$254K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.07193	−0.064%	$1.1M	$280K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.07185	−0.175%	$442K	$287K	50x	as long as short
Bitget SKYUSDTshort	+0.0100%	4h	0.07196	−0.022%	$3.0M	$2.0M	75x
BingX SKY-USDT	+0.0100%	4h	0.07189	−0.119%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07198	+0.006%	$20K	$685K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07197	−0.014%	$698	$2K	10x	as long as short
Hyperliquid SKY	+0.0356%	1h	0.07205	+0.108%	$3.0M	$904K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0534% / S −0.0248%	1h	0.07194	−0.046%	$85K	—	50x	as long as short