Funding you earn now, next payment 22:00 UTC+0.0721%/8h= +79.0% APRpaid last 24h +0.029%
Price spread now: ApeX Omni against Variational Omni+0.229%88s7-day average +0.110% · 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)+0.041%+$4 on $10k
+Price spread, last 3 days (all we have)−0.120%−$12 · spread now +0.229%, 7d avg +0.110%
=Together, before fees−0.079%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and ApeX Omni is 0.119% dearer against Variational Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.110%. The two prices were read 88 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 0.041% in total (about 4.6% a year). A funding rate is set anew for every payment. 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 | Variational Omni SKY | 0.07188 | −0.0621 | get 0.0311% / 4h | 2h 36m | $207K | $94K | — |
| Short | ApeX Omni SKYUSDT | 0.07204 | 0.0100 | get 0.0013% / 1h | 36m 03s | $20K | $685K | 50x |
Variational Omni SKY
ApeX Omni SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Variational Omni. 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
- $151.51
- Price spread: +0.229% → +0.110%
- $11.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $153.39
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 53 min ago; ApeX Omni: live order book, 52 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 Variational Omni RFQ quote, 53 min ago | 5.51 bp | doesn't fit | 306.0 bp −$3,060 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 52 min ago | 4.83 bp | 12.4 bp −$12 | 98.8 bp −$988 | 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 SKYlong | −0.0621% | 4h | 0.07188 | long leg | $207K | $94K | — | |
| Bybit SKYUSDT | −0.0262% | 4h | 0.07185 | −0.035% | $7.9M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07199 | +0.159% | $393 | $222K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07195 | +0.104% | $188K | $163K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07198 | +0.142% | $71K | $26K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07198 | +0.147% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07194 | +0.094% | $16.6M | $9.5M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07188 | +0.006% | $871K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07189 | +0.020% | $618K | $254K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07193 | +0.076% | $1.1M | $280K | 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 SKYUSDTM | +0.0100% | 4h | 0.07182 | −0.077% | $442K | $287K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07195 | +0.104% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07188 | +0.006% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.07204 | +0.229% | $20K | $685K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07197 | +0.139% | $698 | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0139% | 4h | 0.07200 | +0.173% | $609K | $610K | 75x | as long as short |
| Hyperliquid SKY | +0.0361% | 1h | 0.07204 | +0.229% | $3.0M | $904K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0534% / S −0.0248% | 1h | 0.07196 | +0.112% | $85K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]