ArbiLayer

SKY arbitrage

live

Live Sky price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.05%Variational → Bitget · Perp–Perp
Best perp–perp spread+0.11%Variational → Bitget
Markets tracked1710 venues · 10 perp · 7 spot · 0 DEX
Price range0.28%$0.0783 – $0.0785

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Variational logoVariational$0.0783Bitget logoBitget$0.0784 +0.11%-0.05% +0.12%— +0.005%— LS Chart →
Variational logoVariational$0.0783Gate logoGate$0.0784 +0.09%-0.07% +0.09%— +0.005%— LS Chart →
Variational logoVariational$0.0783KuCoin logoKuCoin$0.0784 +0.09%-0.07% +0.09%— +0.005%— LS Chart →
Variational logoVariational$0.0783Bybit logoBybit$0.0784 +0.08%-0.08% +0.08%— +0.005%— LS Chart →
Variational logoVariational$0.0783OKX logoOKX$0.0784 +0.08%-0.08% +0.07%— -0.016%— LS Chart →
Variational logoVariational$0.0783Aster logoAster$0.0784 +0.08%-0.08% +0.08%— +0.005%— LS Chart →
Variational logoVariational$0.0783Binance logoBinance$0.0784 +0.06%-0.10% +0.06%— +0.005%— LS Chart →
Variational logoVariational$0.0783MEXC logoMEXC$0.0784 +0.06%-0.10% +0.06%— +0.005%— LS Chart →
Variational logoVariational$0.0783Hyperliquid logoHyperliquid$0.0784 +0.05%-0.11% +0.05%— +0.005%— LS Chart →
MEXC logoMEXC$0.0784Bitget logoBitget$0.0784 +0.04%-0.12% +0.04%— 0.000%— LS Chart →
Binance logoBinance$0.0784Bitget logoBitget$0.0784 +0.03%-0.13% +0.03%— 0.000%— LS Chart →
MEXC logoMEXC$0.0784Gate logoGate$0.0784 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
MEXC logoMEXC$0.0784KuCoin logoKuCoin$0.0784 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
Bybit logoBybit$0.0784Bitget logoBitget$0.0784 +0.01%-0.15% +0.01%— 0.000%— LS Chart →
OKX logoOKX$0.0784Bitget logoBitget$0.0784 +0.01%-0.15% +0.02%— +0.021%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

SKY price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Bybit logoBybitPerpetual · SKYUSDTPerpetual $0.0784$0.0784$0.0784-0.06% +0.030%$5.37M
Hyperliquid logoHyperliquidPerpetual · SKYPerpetual $0.0784$0.0785$0.0784-0.04% +0.030%$4.24M
OKX logoOKXPerpetual · SKY-USDT-SWAPPerpetual $0.0784$0.0784$0.0784-0.06% +0.009%$2.69M
Bybit logoBybitSpot · SKYUSDTSpot $0.0785$0.0785$0.0785+0.02% —$1.95M
Bitget logoBitgetPerpetual · SKYUSDTPerpetual $0.0784$0.0785$0.07850.00% +0.030%$1.08M
MEXC logoMEXCPerpetual · SKY_USDTPerpetual $0.0784$0.0784$0.0784-0.08% +0.030%$905.0K
OKX logoOKXSpot · SKY-USDTSpot $0.0785$0.0785$0.0785+0.04% —$665.1K
Variational logoVariationalPerpetual · SKYPerpetual $0.0782$0.0783$0.0783-0.22% +0.025%$570.9K
KuCoin logoKuCoinSpot · SKY-USDTSpot $0.0785$0.0785$0.0785+0.04% —$505.1K
Gate logoGateSpot · SKY_USDTSpot $0.0784$0.0785$0.0785+0.04% —$253.8K
Bitget logoBitgetSpot · SKYUSDTSpot $0.0785$0.0785$0.0785+0.04% —$246.8K
KuCoin logoKuCoinPerpetual · SKYUSDTMPerpetual $0.0784$0.0786$0.0785+0.06% +0.030%$110.6K
Gate logoGatePerpetual · SKY_USDTPerpetual $0.0784$0.0784$0.0784-0.04% +0.030%$48.5K
Binance logoBinancePerpetual · SKYUSDTPerpetual $0.0784$0.0784$0.0784-0.07% +0.030%—
Aster logoAsterPerpetual · SKYUSDTPerpetual $0.0784$0.0785$0.0784-0.04% +0.030%—
Binance logoBinanceSpot · SKYUSDTSpot $0.0785$0.0785$0.0785+0.06% ——
MEXC logoMEXCSpot · SKYUSDTSpot $0.0785$0.0785$0.0785+0.06% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

SKY arbitrage explained

Right now Sky (SKY) trades on 10 venues we scan: 10 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $0.0783 and the highest bid on Binance spot at $0.0785.

The widest SKY perpetual spread is between Variational and Bitget: long SKY on Variational at $0.0783 and short on Bitget at $0.0784 for +0.11% gross, or -0.05% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.005% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best SKY route is to buy spot on Bybit and short the perpetual on Bitget: -0.08% gross, -0.28% net, with +0.030% a day of funding on the short leg.

Spot–spot SKY arbitrage (buy on Bybit, withdraw, deposit and sell on Binance) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small SKY gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: SKY funding rates · SKY spread charts · Sky price · arbitrage scanner for all coins.

Is there a SKY arbitrage opportunity right now?

The best SKY route right now is to buy on Variational → sell on Bitget (Perp–Perp): +0.11% gross and -0.05% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest SKY?

Variational (perp) has the lowest SKY ask at $0.0783, and Binance (spot) the highest bid at $0.0785. Prices update every 15 seconds on this page.

How many exchanges list SKY?

ArbiLayer tracks 17 SKY markets on 10 venues: 10 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage SKY without transferring coins?

Use two perpetual contracts: go long SKY on the cheaper exchange (Variational now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins