Funding you earn now, next payment 00:00 UTC−0.0717%/8h= −78.5% APRpaid last 24h −0.025%
Price spread now: Variational Omni against Nado−0.396%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 airdropNado: Active · Variational 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 0.396% cheaper against Nado than usual: you would sell low and buy high (−$40 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 | Nado SKY-PERP | 0.07116 | 0.0100 | pay 0.0012% / 1h | 57m 03s | $70K | $26K | 5x |
| Short | Variational Omni SKY | 0.07088 | −0.0617 | pay 0.0308% / 4h | 57m 03s | $195K | $104K | — |
Nado SKY-PERP
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Nado. 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
- −$150.48
- Price spread: −0.396% → 0.000%
- −$39.64
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$197.12
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; Variational Omni: RFQ quote, 22 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 Nado no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 22 min ago | 5.65 bp | doesn't fit | 152.5 bp −$1,525 | doesn't fit | doesn't fit |
Nado: 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 | −0.0617% | 4h | 0.07088 | −0.396% | $195K | $104K | — | |
| Bybit SKYUSDT | −0.0218% | 4h | 0.07100 | −0.221% | $7.7M | $3.4M | 25x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07110 | −0.079% | $186K | $155K | 10x | as long as short |
| Nado SKY-PERPlong | +0.0100% | 1h | 0.07116 | long leg | $70K | $26K | 5x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.07114 | −0.021% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07111 | −0.072% | $16.2M | $10.4M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07105 | −0.151% | $856K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07104 | −0.165% | $606K | $254K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07111 | −0.067% | $1.1M | $284K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07099 | −0.235% | $429K | $289K | 50x | as long as short |
Bybit SKYUSDT
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.07111 | −0.067% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07106 | −0.137% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07106 | −0.137% | $20K | $683K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07115 | −0.013% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0155% | 4h | 0.07113 | −0.039% | $593K | $29K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +0.790% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0284% | 1h | 0.07120 | +0.063% | $3.0M | $929K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0528% / S −0.0248% | 1h | 0.07113 | −0.041% | $84K | — | 50x | as long as short |
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]