Funding you earn now, next payment 00:00 UTC−0.0387%/8h= −42.3% APRnext payment −$1.93 per $10,000 · paid last 24h −0.019%
Price spread now: Variational Omni against Bybit+0.128%7-day average −0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.025%−$3 on $10k
+Price spread, last 3 days (all we have)+0.141%+$14 · spread now +0.128%, 7d avg −0.010%
=Together, before fees+0.116%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.138% dearer against Bybit than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of −0.010%): +$14 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 3 days (−0.025% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.025% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.93 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 | Bybit SKYUSDT | 0.07170 | −0.0105 | get 0.0052% / 4h | 1h 39m | $7.8M | $3.3M | 25x |
| Short | Variational Omni SKY | 0.07179 | −0.0491 | pay 0.0246% / 4h | 1h 39m | $197K | $104K | — |
Bybit SKYUSDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- −$81.17
- Price spread: +0.128% → −0.010%
- $13.8
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$78.37
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: RFQ quote, 44 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 Bybit live order book, 4 min ago | 2.09 bp | 25.6 bp −$26 | 249.7 bp −$2,497 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 44 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 | −0.0491% | 4h | 0.07179 | +0.128% | $197K | $104K | — | |
| Bybit SKYUSDTlong | −0.0105% | 4h | 0.07170 | long leg | $7.8M | $3.3M | 25x | |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07197 | +0.377% | $393 | $260K | 12x | as long as short |
| Nado SKY-PERP | +0.0048% | 1h | 0.07185 | +0.213% | $71K | $25K | 5x | as long as short |
| BloFin SKY-USDT | +0.0048% | 4h | 0.07189 | +0.265% | $606K | $32K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07183 | +0.188% | $188K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07186 | +0.225% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07181 | +0.152% | $16.5M | $9.6M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07176 | +0.084% | $860K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07176 | +0.084% | $616K | $252K | 50x | as long as short |
Injective SKY/USDC PERP
Nado SKY-PERP
BloFin SKY-USDT
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 | 0.07181 | +0.153% | $1.1M | $280K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07172 | +0.028% | $438K | $280K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07182 | +0.167% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07175 | +0.070% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07181 | +0.153% | $20K | $686K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07191 | +0.294% | $697 | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.0334% | 1h | 0.07190 | +0.285% | $3.0M | $906K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0532% / S −0.0248% | 1h | 0.07184 | +0.201% | $85K | — | 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]