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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.029%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$940.941% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days−0.064%−$6 · spread now +0.029%, 7d avg +0.016%
Together, before fees−0.052%−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKY-USDT-SWAP0.068070.0100pay 0.0050% / 4h19m 10s$796K$1.2M20x
ShortBingX SKY-USDT0.068090.0100get 0.0050% / 4h19m 10s$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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: +0.029% → +0.016%
$1.36
Slippage, 4 orders
−$74.13
Fee OKX: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$92.76
Costs to cover
0.941%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 5 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 OKX live order book, 2 min ago2.21 bp25.2 bp −$251254.0 bp −$12.5Kdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago3.69 bp22.2 bp −$2261.8 bp −$618273.2 bp −$27.3K815.9 bp −$407.9K

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
Injective SKY/USDC PERP+0.0033%1h0.06893+1.263%$376$303K12xas long as short
Lighter SKY+0.0096%1h0.06811+0.059%$179K$107K10xas long as short
Nado SKY-PERP+0.0100%1h0.06810+0.051%$70K$31K5xas long as short
Aster SKYUSDT+0.0100%4h0.06808+0.018%$42K$44K20xas long as short
Binance SKYUSDT+0.0100%4h0.06811+0.059%$15.4M$11.0M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06808+0.015%$7.2M$3.2M25xas long as short
OKX SKY-USDT-SWAPlong+0.0100%4h0.06807long leg$796K$1.2M20x
Gate SKY_USDT+0.0100%4h0.06793−0.206%$577K$291K50xas long as short
MEXC SKY_USDT+0.0100%4h0.06811+0.059%$1.0M$274K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06797−0.147%$398K$292K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKYUSDT+0.0100%4h0.06809+0.029%$2.8M$1.4M75xas long as short
BingX SKY-USDTshort+0.0100%4h0.06809+0.029%$2.5M
Variational Omni SKY+0.0100%4h0.06783−0.348%$181K$98Kas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06790−0.250%$27K$648K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06808+0.018%$1K$3K10xas long as short
BloFin SKY-USDT+0.0120%4h0.06803−0.059%$580K$28K75xas long as short
Hyperliquid SKY+0.0137%1h0.06823+0.229%$2.8M$861K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0520% / S −0.0248%1h0.06797−0.147%$81K50xas long as short