Settings8H · net · $10k
Funding arb · Price arb /

SKY

all SKY markets
SwapBacktest
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: KuCoin against Binance−0.084%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$868as in the Funding arb table
Net, price: spread back to 7d avg − costs−$866as in the Price arb table
costs, in and out, $10k−$8688.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.383%−$38 · spread now −0.084%, 7d avg −0.103%
Together, before fees−0.383%−$38 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SKYUSDT0.071730.0100pay 0.0050% / 4h1h 47m$16.5M$9.5M75x
ShortKuCoin SKYUSDTM0.071670.0100get 0.0050% / 4h1h 47m$439K$279K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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
$0
Price spread: −0.084% → −0.103%
$1.88
Slippage, 4 orders
−$845.94
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$866.06
Costs to cover
8.679%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago0.69 bp16.5 bp −$1662.8 bp −$628350.0 bp −$35.0Kdoesn't fit
Sell KuCoin live order book, 24 min ago37.53 bp580.7 bp −$581732.7 bp −$7,327doesn't fitdoesn't fit

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−0.0493%4h0.07181+0.117%$198K$104Kas long as short
Bybit SKYUSDT−0.0122%4h0.07162−0.153%$7.8M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0014%1h0.07197+0.335%$393$260K12xas long as short
Nado SKY-PERP+0.0035%1h0.07171−0.028%$71K$25K5xas long as short
BloFin SKY-USDT+0.0043%4h0.07192+0.265%$606K$321K75xas long as short
Lighter SKY+0.0096%1h0.07174+0.017%$188K$163K10xas long as short
Aster SKYUSDT+0.0100%4h0.07177+0.063%$43K$36K20xas long as short
Binance SKYUSDTlong+0.0100%4h0.07173long leg$16.5M$9.5M75x
OKX SKY-USDT-SWAP+0.0100%4h0.07167−0.084%$860K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07175+0.028%$616K$252K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.07176+0.042%$1.1M$280K100xas long as short
KuCoin SKYUSDTMshort+0.0100%4h0.07167−0.084%$439K$279K50x
Bitget SKYUSDT+0.0100%4h0.07177+0.056%$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h0.07171−0.028%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07197+0.335%$20K$687K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07174+0.017%$696$2K10xas long as short
Hyperliquid SKY+0.0377%1h0.07184+0.148%$3.0M$906K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0533% / S −0.0248%1h0.07176+0.046%$85K50xas long as short