Funding you earn now, next payment 23:00 UTC+0.0969%/8h= +106.1% APRpaid last 24h +0.263%
Price spread now: Hyperliquid against Variational Omni+0.314%7-day average +0.275% · 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)+0.439%+$44 on $10k
+Price spread, last 3 days (all we have)−0.393%−$39 · spread now +0.314%, 7d avg +0.275%
=Together, before fees+0.046%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hyperliquid is 0.039% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.275%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SKY | 0.07189 | −0.0524 | get 0.0262% / 4h | 1h 57m | $207K | $94K | — |
| Short | Hyperliquid SKY | 0.07212 | 0.0445 | get 0.0056% / 1h | 57m 31s | $3.0M | $906K | 3x |
Variational Omni SKY
Hyperliquid SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $203.49
- Price spread: +0.314% → +0.275%
- $3.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $198.38
- Costs to cover
- 0.090%
- Break-even
- 0.2 days
Slippage unknown: Variational Omni: RFQ quote, 26 min ago; Hyperliquid: live order book, 4 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, 26 min ago | 5.55 bp | doesn't fit | 297.2 bp −$2,972 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.57 bp | 18.9 bp −$19 | doesn't fit | 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 | −0.0524% | 4h | 0.07189 | long leg | $207K | $94K | — | |
| Bybit SKYUSDT | −0.0112% | 4h | 0.07193 | +0.052% | $7.9M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07197 | +0.108% | $393 | $260K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07197 | +0.112% | $189K | $163K | 10x | as long as short |
| BloFin SKY-USDT | +0.0100% | 4h | 0.07201 | +0.163% | $609K | $610K | 75x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07200 | +0.157% | $71K | $25K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07198 | +0.125% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07202 | +0.172% | $16.6M | $9.5M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07198 | +0.122% | $871K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07193 | +0.052% | $618K | $251K | 50x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
BloFin SKY-USDT
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07201 | +0.163% | $1.1M | $278K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07186 | −0.045% | $442K | $279K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07202 | +0.177% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07196 | +0.094% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07198 | +0.122% | $20K | $688K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07200 | +0.148% | $698 | $2K | 10x | as long as short |
| Hyperliquid SKYshort | +0.0445% | 1h | 0.07212 | +0.314% | $3.0M | $906K | 3x | |
| GMX SKY/USD [ETH-USDC] | L +0.0534% / S −0.0248% | 1h | 0.07202 | +0.177% | $85K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]