Funding arb · Price arb /

SKY

all SKY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Aster0.000%7-day average — · you sell dearer than you buy

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

Long on Aster Short on MEXC

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKYUSDT	0.06910	0.0100	pay 0.0050% / 4h	1h 12m	$42K	$43K	20x
Short	MEXC SKY_USDT	0.06910	0.0100	get 0.0050% / 4h	1h 12m	$1.0M	$273K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0.02
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$11.98
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 4 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 MEXC live order book, 4 min ago	2.17 bp	9.5 bp −$10	67.9 bp −$679	285.4 bp −$28.5K	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	−0.0326%	4h	0.06918	+0.118%	$185K	$115K	—	as long as short
Bybit SKYUSDT	−0.0030%	4h	0.06904	−0.087%	$7.2M	$3.2M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+3.792%	$392	$303K	12x	as long as short
Lighter SKY	+0.0096%	1h	0.06906	−0.064%	$180K	$177K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06908	−0.032%	$73K	$30K	5x	as long as short
Aster SKYUSDTlong	+0.0100%	4h	0.06910	long leg	$42K	$43K	20x
Binance SKYUSDT	+0.0100%	4h	0.06910	0.000%	$15.8M	$10.9M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06899	−0.159%	$822K	$1.2M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06901	−0.130%	$599K	$286K	50x	as long as short
MEXC SKY_USDTshort	+0.0100%	4h	0.06910	0.000%	$1.0M	$273K	100x

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTM	+0.0100%	4h	0.06895	−0.217%	$406K	$292K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06906	−0.058%	$2.9M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06903	−0.101%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06935	+0.362%	$28K	$663K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06907	−0.036%	$1K	$3K	10x	as long as short
BloFin SKY-USDT	+0.0114%	4h	0.06918	+0.116%	$590K	$29K	75x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0523% / S −0.0248%	1h	0.06908	−0.026%	$82K	—	50x	as long as short
Hyperliquid SKY	+0.0557%	1h	0.06921	+0.152%	$2.8M	$928K	3x	as long as short