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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against OKX+0.059%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$860.855% 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−0.070%−$7 · spread now +0.059%, 7d avg +0.054%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKY-USDT-SWAP0.067350.0100pay 0.0050% / 4h1h 48m$784K$1.0M20x
ShortMEXC SKY_USDT0.067390.0100get 0.0050% / 4h1h 48m$1.2M$270K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.059% → +0.054%
$0.54
Slippage, 4 orders
−$71.55
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$85
Costs to cover
0.855%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 59 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, 1 min ago2.97 bp35.3 bp −$351096.3 bp −$11.0Kdoesn't fitdoesn't fit
Sell MEXC live order book, 59 min ago0.74 bp11.6 bp −$1271.5 bp −$715285.3 bp −$28.5Kdoesn't fit

SKY on 18 exchanges

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−0.0407%4h0.06739+0.056%$180K$83Kas long as short
Bybit SKYUSDT−0.0265%4h0.06731−0.059%$6.9M$3.2M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+2.346%$376$303K12xas long as short
Nado SKY-PERP+0.0078%1h0.06738+0.052%$67K$35K5xas long as short
Lighter SKY+0.0096%1h0.06739+0.059%$177K$101K10xas long as short
Hyperliquid SKY+0.0100%1h0.06750+0.223%$2.8M$787K3xas long as short
Aster SKYUSDT+0.0100%4h0.06743+0.120%$42K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.06741+0.089%$15.0M$10.6M75xas long as short
OKX SKY-USDT-SWAPlong+0.0100%4h0.06735long leg$784K$1.0M20x
Gate SKY_USDT+0.0100%4h0.06729−0.089%$570K$259K50xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDTshort+0.0100%4h0.06739+0.059%$1.2M$270K100x
KuCoin SKYUSDTM+0.0100%4h0.06741+0.089%$398K$274K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06738+0.045%$2.8M$1.3M75xas long as short
BingX SKY-USDT+0.0100%4h0.06732−0.045%$2.5Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06750+0.223%$34K$648K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06741+0.091%$1K$4K10xas long as short
BloFin SKY-USDT+0.0150%4h0.06756+0.312%$575K$32K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0516% / S −0.0249%1h0.06749+0.206%$80K50xas long as short