Funding you earn now, next payment 04:00 UTC−0.0501%/8h= −54.9% APRnext payment −$2.51 per $10,000 · paid last 24h −0.065%
Price spread now: Variational Omni against KuCoin−0.301%7-day average −0.011% · 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)−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+1.067%+$107 · spread now −0.301%, 7d avg −0.011%
=Together, before fees+0.991%+ Points / potential airdropVariational Omni: Active · farm board+$99 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Variational Omni is 0.289% cheaper against KuCoin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.076% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.51 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 | KuCoin SKYUSDTM | 0.06933 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $413K | $295K | 50x |
| Short | Variational Omni SKY | 0.06912 | −0.0401 | pay 0.0201% / 4h | 1h 39m | $185K | $126K | — |
KuCoin SKYUSDTM
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$105.28
- Price spread: −0.301% → −0.011%
- −$28.92
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$146.2
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 57 min ago; Variational Omni: RFQ quote, 24 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 KuCoin live order book, 57 min ago | 26.74 bp | 194.3 bp −$194 | 314.7 bp −$3,147 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 24 min ago | 5.80 bp | doesn't fit | 172.4 bp −$1,724 | 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 | −0.0401% | 4h | 0.06912 | −0.301% | $185K | $126K | — | |
| Bybit SKYUSDT | −0.0077% | 4h | 0.06922 | −0.159% | $7.3M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +3.447% | $392 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06925 | −0.121% | $181K | $177K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06929 | −0.058% | $70K | $29K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06931 | −0.033% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06929 | −0.052% | $15.8M | $11.1M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06927 | −0.087% | $828K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06923 | −0.144% | $594K | $277K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06930 | −0.043% | $1.0M | $271K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
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 SKYUSDTMlong | +0.0100% | 4h | 0.06933 | long leg | $413K | $295K | 50x | |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06932 | −0.014% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06927 | −0.087% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06934 | +0.014% | $28K | $665K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06931 | −0.033% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0147% | 4h | 0.06919 | −0.202% | $587K | $29K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0524% / S −0.0248% | 1h | 0.06928 | −0.079% | $82K | — | 50x | as long as short |
| Hyperliquid SKY | +0.0874% | 1h | 0.06944 | +0.154% | $2.9M | $913K | 3x | as long as short |
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]
Hyperliquid SKY