Funding you earn now, next payment 04:00 UTC−0.0661%/8h= −72.4% APRnext payment −$3.31 per $10,000 · paid last 24h −0.062%
Price spread now: Variational Omni against BloFin−0.300%71s7-day average −0.114% · 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)−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)+0.264%+$26 · spread now −0.300%, 7d avg −0.114%
=Together, before fees+0.197%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Variational Omni is 0.185% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.114%). Swap the legs. The two prices were read 71 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 -0.067% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.31 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 | BloFin SKY-USDT | 0.07039 | 0.0040 | pay 0.0020% / 4h | 3h 15m | $597K | $30K | 75x |
| Short | Variational Omni SKY | 0.07018 | −0.0621 | pay 0.0310% / 4h | 3h 15m | $202K | $118K | — |
BloFin SKY-USDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$138.84
- Price spread: −0.300% → −0.114%
- −$18.52
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$169.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 55 min ago; Variational Omni: RFQ quote, 58 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 BloFin live order book, 55 min ago | 1.42 bp | 15.9 bp −$16 | 35.6 bp −$356 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 58 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 | −0.0621% | 4h | 0.07018 | −0.300% | $202K | $118K | — | |
| Bybit SKYUSDT | −0.0418% | 4h | 0.07021 | −0.256% | $7.6M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +1.889% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDTlong | +0.0040% | 4h | 0.07039 | long leg | $597K | $30K | 75x | |
| Nado SKY-PERP | +0.0070% | 1h | 0.07022 | −0.245% | $70K | $28K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07031 | −0.109% | $189K | $171K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07033 | −0.090% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07032 | −0.099% | $16.2M | $10.9M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07025 | −0.199% | $846K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07019 | −0.284% | $589K | $265K | 50x | 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_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07029 | −0.142% | $1.0M | $285K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07033 | −0.085% | $416K | $293K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07029 | −0.142% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07027 | −0.170% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07056 | +0.242% | $24K | $681K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07028 | −0.162% | $943 | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0128% | 1h | 0.07040 | +0.018% | $2.9M | $903K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07027 | −0.168% | $83K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]