Settings8H · net · $10k
Funding arb · Price arb /

SKY

all SKY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0760%/8h= +83.2% APRnext payment +$3.80 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against Variational Omni+0.173%7-day average +0.112% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.029%+$3 on $10k
Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.173%, 7d avg +0.112%
Together, before fees−0.111%+ Points / potential airdropVariational Omni: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BloFin is 0.062% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.112%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.029% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKY0.07188−0.0621get 0.0311% / 4h2h 37m$207K$94K
ShortBloFin SKY-USDT0.072000.0139get 0.0069% / 4h2h 37m$609K$610K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$159.6
Price spread: +0.173% → +0.112%
$6.17
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$153.76
Costs to cover
0.120%
Break-even
0.3 days
Slippage unknown: Variational Omni: RFQ quote, 51 min ago; BloFin: live order book, 49 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 51 min ago5.51 bpdoesn't fit306.0 bp −$3,060doesn't fitdoesn't fit
Sell BloFin live order book, 49 min ago0.69 bp10.0 bp −$1033.5 bp −$335doesn't fitdoesn't fit

SKY on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKYlong−0.0621%4h0.07188long leg$207K$94K
Bybit SKYUSDT−0.0244%4h0.07187−0.007%$7.9M$3.3M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.07199+0.159%$393$222K12xas long as short
Lighter SKY+0.0096%1h0.07197+0.139%$189K$163K10xas long as short
Nado SKY-PERP+0.0100%1h0.07197+0.132%$71K$26K5xas long as short
Aster SKYUSDT+0.0100%4h0.07200+0.172%$43K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.07197+0.135%$16.6M$9.5M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07188+0.006%$874K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07189+0.020%$618K$254K50xas long as short
MEXC SKY_USDT+0.0100%4h0.07197+0.132%$1.1M$280K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.07185−0.035%$442K$287K50xas long as short
Bitget SKYUSDT+0.0100%4h0.07199+0.159%$3.0M$2.0M75xas long as short
BingX SKY-USDT+0.0100%4h0.07192+0.062%$2.4Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.07204+0.229%$20K$685K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07200+0.168%$698$2K10xas long as short
BloFin SKY-USDTshort+0.0139%4h0.07200+0.173%$609K$610K75x
Hyperliquid SKY+0.0363%1h0.07208+0.282%$3.0M$904K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0534% / S −0.0248%1h0.07195+0.108%$85K50xas long as short