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

SKY

all SKY markets
SwapBacktest
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: Bitget against Gate+0.073%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2332.329% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−0.175%−$17 · spread now +0.073%, 7d avg +0.072%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKY_USDT0.068650.0100pay 0.0050% / 4h48m 46s$596K$271K50x
ShortBitget SKYUSDT0.068700.0100get 0.0050% / 4h48m 46s$2.8M$1.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: +0.073% → +0.072%
$0.1
Slippage, 4 orders
−$205.86
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$232.76
Costs to cover
2.329%
Break-even
never at this rate
Slippage from Gate: live order book, 7 min ago; Bitget: live order book, 4 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 Gate live order book, 7 min ago4.36 bp100.4 bp −$100doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.10 bp25.3 bp −$2563.9 bp −$639doesn'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−0.0252%4h0.06861−0.054%$183K$113Kas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+0.408%$376$303K12xas long as short
Bybit SKYUSDT+0.0056%4h0.068650.000%$7.2M$3.2M25xas long as short
BloFin SKY-USDT+0.0065%4h0.06872+0.102%$584K$29K75xas long as short
Lighter SKY+0.0096%1h0.06870+0.070%$179K$177K10xas long as short
Nado SKY-PERP+0.0100%1h0.06871+0.087%$73K$30K5xas long as short
Aster SKYUSDT+0.0100%4h0.06873+0.111%$42K$43K20xas long as short
Binance SKYUSDT+0.0100%4h0.06871+0.087%$15.7M$10.9M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06867+0.029%$823K$1.2M20xas long as short
Gate SKY_USDTlong+0.0100%4h0.06865long leg$596K$271K50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06868+0.044%$1.0M$262K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06871+0.087%$404K$291K50xas long as short
Bitget SKYUSDTshort+0.0100%4h0.06870+0.073%$2.8M$1.5M75x
BingX SKY-USDT+0.0100%4h0.06869+0.058%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06870+0.073%$27K$662K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06872+0.099%$1K$3K10xas long as short
Hyperliquid SKY+0.0168%1h0.06881+0.226%$2.8M$929K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06866+0.013%$81K50xas long as short