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: OKX against Gate+0.043%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2382.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.161%+$16 on $10k
Price spread, last 4 days (all we have)+0.248%+$25 · spread now +0.043%, 7d avg +0.051%
Together, before fees+0.410%+$41 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKY_USDT0.070400.0100pay 0.0050% / 4h25m 47s$600K$256K50x
ShortOKX SKY-USDT-SWAP0.070430.0100get 0.0050% / 4h25m 47s$847K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: +0.043% → +0.051%
−$0.87
Slippage, 4 orders
−$212.55
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$238.42
Costs to cover
2.375%
Break-even
never at this rate
Slippage from Gate: live order book, 50 min ago; OKX: live order book, 1 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, 50 min ago4.24 bp63.7 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.13 bp36.2 bp −$36471.6 bp −$4,716doesn'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−0.0681%4h0.07038−0.033%$194K$104Kas long as short
Bybit SKYUSDT−0.0277%4h0.07036−0.057%$7.6M$3.3M25xas long as short
Nado SKY-PERP+0.0087%1h0.07052+0.170%$70K$25K5xas long as short
Lighter SKY+0.0096%1h0.07049+0.121%$185K$155K10xas long as short
Aster SKYUSDT+0.0100%4h0.07050+0.139%$42K$43K20xas long as short
Binance SKYUSDT+0.0100%4h0.07050+0.142%$16.0M$10.2M75xas long as short
OKX SKY-USDT-SWAPshort+0.0100%4h0.07043+0.043%$847K$1.3M20x
Gate SKY_USDTlong+0.0100%4h0.07040long leg$600K$256K50x
MEXC SKY_USDT+0.0100%4h0.07045+0.071%$1.1M$286K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.07048+0.114%$420K$291K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKYUSDT+0.0100%4h0.07048+0.114%$2.9M$1.7M75xas long as short
BingX SKY-USDT+0.0100%4h0.07041+0.014%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07062+0.313%$19K$678K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07046+0.078%$1K$2K10xas long as short
BloFin SKY-USDT+0.0131%4h0.07065+0.355%$591K$29K75xas long as short
Injective SKY/USDC PERP+0.0158%1h0.07172+1.875%$392$303K12xas long as short
Hyperliquid SKY+0.0213%1h0.07056+0.224%$3.0M$903K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0526% / S −0.0248%1h0.07045+0.075%$83K50xas long as short