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: OKX against Aster−0.130%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 OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 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: OKX is 0.130% cheaper against Aster than usual: you would sell low and buy high, −$13 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	0.06873	0.0100	pay 0.0050% / 4h	23m 21s	$42K	$42K	20x
Short	OKX SKY-USDT-SWAP	0.06864	0.0100	get 0.0050% / 4h	23m 21s	$820K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.130%Rate

Funding earned: $0
Price spread: −0.130% → 0.000%: −$12.99
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$30.99
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	5.10 bp	38.7 bp −$39	461.8 bp −$4,618	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	−0.0165%	4h	0.06855	−0.265%	$183K	$113K	—	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.292%	$376	$303K	12x	as long as short
BloFin SKY-USDT	+0.0083%	4h	0.06863	−0.144%	$582K	$29K	75x	as long as short
Lighter SKY	+0.0096%	1h	0.06870	−0.037%	$179K	$177K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06868	−0.075%	$73K	$30K	5x	as long as short
Aster SKYUSDTlong	+0.0100%	4h	0.06873	long leg	$42K	$42K	20x
Binance SKYUSDT	+0.0100%	4h	0.06873	+0.001%	$15.7M	$11.0M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06863	−0.144%	$7.2M	$3.2M	25x	as long as short
OKX SKY-USDT-SWAPshort	+0.0100%	4h	0.06864	−0.130%	$820K	$1.2M	20x
Gate SKY_USDT	+0.0100%	4h	0.06880	+0.103%	$596K	$272K	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	0.06869	−0.057%	$1.0M	$265K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06879	+0.088%	$405K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06871	−0.028%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06864	−0.130%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06877	+0.059%	$27K	$661K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06873	+0.003%	$1K	$3K	10x	as long as short
Hyperliquid SKY	+0.0316%	1h	0.06878	+0.077%	$2.8M	$911K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0522% / S −0.0248%	1h	0.06868	−0.064%	$81K	—	50x	as long as short