Funding you earn now, next payment 00:00 UTC+0.0889%/8h= +97.3% APRpaid last 24h +0.067%
Price spread now: GMX against Variational Omni+0.158%7-day average — · 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)—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 for this trade now. Funding pays +$27 a day on $10k at the current rate, and GMX is 0.158% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SKY | 0.07055 | −0.0641 | get 0.0320% / 4h | 30m 56s | $194K | $104K | — |
| Short | GMX SKY/USD [ETH-USDC] | 0.07066 | L +0.0527% / S −0.0248% | get 0.0031% / 1h | 30m 56s | $84K | — | 50x |
Variational Omni SKY
GMX SKY/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $186.61
- Price spread: +0.158% → 0.000%
- $15.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $190.36
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 48 min ago; GMX: no order-book sample. 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, 48 min ago | 5.65 bp | doesn't fit | 283.9 bp −$2,839 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 SKYlong | −0.0641% | 4h | 0.07055 | long leg | $194K | $104K | — | |
| Bybit SKYUSDT | −0.0247% | 4h | 0.07053 | −0.024% | $7.6M | $3.3M | 25x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07063 | +0.118% | $185K | $155K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07065 | +0.153% | $70K | $25K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07064 | +0.137% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07062 | +0.102% | $16.0M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07054 | −0.010% | $848K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07054 | −0.010% | $601K | $255K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07061 | +0.089% | $1.1M | $286K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07064 | +0.132% | $423K | $290K | 50x | as long as short |
Bybit SKYUSDT
Lighter SKY
Nado SKY-PERP
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 | 0.07060 | +0.075% | $2.9M | $1.7M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07055 | +0.004% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07072 | +0.245% | $20K | $679K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07068 | +0.192% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0149% | 4h | 0.07066 | +0.160% | $590K | $29K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.663% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0219% | 1h | 0.07071 | +0.235% | $3.0M | $903K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC]short | L +0.0527% / S −0.0248% | 1h | 0.07066 | +0.158% | $84K | — | 50x |
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Injective SKY/USDC PERP
Hyperliquid SKY