Funding you earn now, next payment 23:00 UTC−0.0611%/8h= −66.9% APRpaid last 24h −0.029%
Price spread now: Variational Omni against ApeX Omni−0.260%103s7-day average −0.110% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.042%−$4 on $10k
+Price spread, last 3 days (all we have)+0.156%+$16 · spread now −0.260%, 7d avg −0.110%
=Together, before fees+0.114%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Variational Omni is 0.150% cheaper against ApeX Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.110%). Swap the legs. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.042% in total (about -4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SKYUSDT | 0.07174 | 0.0100 | pay 0.0013% / 1h | 43m 46s | $20K | $686K | 50x |
| Short | Variational Omni SKY | 0.07155 | −0.0511 | pay 0.0255% / 4h | 1h 43m | $197K | $104K | — |
ApeX Omni SKYUSDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$128.25
- Price spread: −0.260% → −0.110%
- −$15
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$153.24
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 40 min ago; Variational Omni: RFQ quote, 40 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 40 min ago | 7.64 bp | 15.5 bp −$15 | 99.5 bp −$995 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 40 min ago | 5.55 bp | doesn't fit | 211.1 bp −$2,111 | doesn't fit | doesn't fit |
SKY on 18 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKYshort | −0.0511% | 4h | 0.07155 | −0.260% | $197K | $104K | — | |
| Bybit SKYUSDT | −0.0142% | 4h | 0.07172 | −0.028% | $7.8M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07197 | +0.321% | $393 | $260K | 12x | as long as short |
| Nado SKY-PERP | +0.0047% | 1h | 0.07180 | +0.091% | $71K | $25K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07181 | +0.102% | $188K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07181 | +0.095% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07183 | +0.127% | $16.5M | $9.6M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07175 | +0.014% | $861K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07175 | +0.014% | $616K | $252K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07180 | +0.084% | $1.1M | $280K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07165 | −0.125% | $437K | $280K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07179 | +0.070% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07175 | +0.014% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.07174 | long leg | $20K | $686K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07182 | +0.116% | $697 | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0110% | 4h | 0.07170 | −0.056% | $607K | $33K | 75x | as long as short |
| Hyperliquid SKY | +0.0346% | 1h | 0.07191 | +0.231% | $3.0M | $906K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0532% / S −0.0248% | 1h | 0.07178 | +0.054% | $85K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]