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

SKY

all SKY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.31 per $10,000 · paid last 24h +0.078%
Price spread now: Gate against Variational Omni+0.378%7-day average −0.024% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.053%−$5 on $10k
Price spread, last 4 days (all we have)−0.757%−$76 · spread now +0.378%, 7d avg −0.024%
Together, before fees−0.810%+ Points / potential airdropVariational Omni: Active · farm board−$81 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.402% dearer against Variational Omni than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.024%. Mind the row above: over the last 4 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKY0.068000.0039pay 0.0019% / 4h2h 17m$182K$113K
ShortGate SKY_USDT0.068260.0100get 0.0050% / 4h2h 17m$581K$293K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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
$12.89
Price spread: +0.378% → −0.024%
$40.19
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$38.08
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 31 min ago; Gate: live order book, 28 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 31 min ago5.82 bpdoesn't fit288.0 bp −$2,880doesn't fitdoesn't fit
Sell Gate live order book, 28 min ago5.10 bp102.4 bp −$102doesn't fitdoesn'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
Injective SKY/USDC PERP+0.0033%1h0.06893+1.363%$376$303K12xas long as short
Variational Omni SKYlong+0.0039%4h0.06800long leg$182K$113K
Lighter SKY+0.0096%1h0.06832+0.463%$178K$119K10xas long as short
Nado SKY-PERP+0.0100%1h0.06828+0.415%$71K$34K5xas long as short
Hyperliquid SKY+0.0100%1h0.06841+0.594%$2.8M$898K3xas long as short
Aster SKYUSDT+0.0100%4h0.06838+0.557%$42K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06838+0.557%$15.5M$11.1M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06833+0.481%$7.1M$3.1M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06833+0.481%$804K$1.1M20xas long as short
Gate SKY_USDTshort+0.0100%4h0.06826+0.378%$581K$293K50x
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDT+0.0100%4h0.06838+0.554%$999K$268K100xas long as short
KuCoin SKYUSDTM+0.0100%4h0.06838+0.554%$401K$292K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06835+0.510%$2.8M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.06835+0.510%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06798−0.034%$27K$648K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06835+0.509%$1K$3K10xas long as short
BloFin SKY-USDT+0.0139%4h0.06827+0.392%$578K$29K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0521% / S −0.0248%1h0.06833+0.482%$81K50xas long as short