Funding you earn now, next payment 00:00 UTC−0.0799%/8h= −87.5% APRnext payment −$4.00 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against BingX−0.213%7-day average −0.048% · 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)−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)+0.463%+$46 · spread now −0.213%, 7d avg −0.048%
=Together, before fees+0.423%+ Points / potential airdropVariational Omni: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Variational Omni is 0.165% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.039% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.00 per $10,000. 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 | BingX SKY-USDT | 0.07047 | 0.0100 | pay 0.0050% / 4h | 10m 34s | — | $2.4M | — |
| Short | Variational Omni SKY | 0.07032 | −0.0699 | pay 0.0350% / 4h | 10m 34s | $193K | $104K | — |
BingX SKY-USDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- −$167.79
- Price spread: −0.213% → −0.048%
- −$16.48
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$194.28
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Variational Omni: RFQ quote, 3 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 BingX live order book, 9 min ago | 3.55 bp | 16.0 bp −$16 | 46.3 bp −$463 | 247.5 bp −$24.7K | 933.6 bp −$466.8K |
| Sell Variational Omni RFQ quote, 3 min ago | 3.55 bp | doesn't fit | 171.3 bp −$1,713 | 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 | −0.0699% | 4h | 0.07032 | −0.213% | $193K | $104K | — | |
| Bybit SKYUSDT | −0.0240% | 4h | 0.07042 | −0.071% | $7.6M | $3.3M | 25x | as long as short |
| BloFin SKY-USDT | +0.0040% | 4h | 0.07044 | −0.043% | $587K | $29K | 75x | as long as short |
| Nado SKY-PERP | +0.0069% | 1h | 0.07043 | −0.060% | $70K | $25K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07051 | +0.061% | $188K | $159K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07048 | +0.021% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07050 | +0.038% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07044 | −0.043% | $849K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07037 | −0.142% | $602K | $259K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07048 | +0.014% | $1.1M | $287K | 100x | as long as short |
Bybit SKYUSDT
BloFin SKY-USDT
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 | 0.07043 | −0.057% | $420K | $290K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07047 | 0.000% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.07047 | long leg | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07044 | −0.043% | $22K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07050 | +0.041% | $1K | $2K | 10x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.774% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0201% | 1h | 0.07058 | +0.153% | $3.0M | $891K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07042 | −0.067% | $83K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]