Funding you earn now, next payment 04:00 UTC−0.0701%/8h= −76.8% APRpaid last 24h −0.183%
Price spread now: Variational Omni against GMX−0.295%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Variational Omni is 0.295% cheaper against GMX than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SKY/USD [ETH-USDC] | 0.06840 | L +0.0520% / S −0.0248% | pay 0.0065% / 1h | 3m 22s | $81K | — | 50x |
| Short | Variational Omni SKY | 0.06820 | −0.0181 | pay 0.0090% / 4h | 3m 22s | $182K | $113K | — |
GMX SKY/USD [ETH-USDC]
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- −$147.28
- Price spread: −0.295% → 0.000%
- −$29.52
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$188.8
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 56 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 56 min ago | 5.08 bp | doesn't fit | 189.5 bp −$1,895 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0181% | 4h | 0.06820 | −0.295% | $182K | $113K | — | |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +0.775% | $376 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0080% | 1h | 0.06834 | −0.080% | $75K | $31K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06835 | −0.075% | $178K | $177K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06838 | −0.029% | $41K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06842 | +0.024% | $15.6M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06830 | −0.146% | $7.1M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06832 | −0.117% | $814K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06827 | −0.190% | $591K | $273K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06842 | +0.029% | $1.0M | $266K | 100x | as long as short |
Injective SKY/USDC PERP
Nado SKY-PERP
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit 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 | 0.06833 | −0.102% | $402K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06837 | −0.044% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06832 | −0.117% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06831 | −0.132% | $27K | $657K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06836 | −0.058% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0120% | 4h | 0.06830 | −0.146% | $583K | $29K | 75x | as long as short |
| Hyperliquid SKY | +0.0364% | 1h | 0.06850 | +0.143% | $2.8M | $911K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC]long | L +0.0520% / S −0.0248% | 1h | 0.06840 | long leg | $81K | — | 50x |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY