Funding you earn now, next payment 00:00 UTC+0.0708%/8h= +77.6% APRnext payment +$3.54 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Variational Omni+0.182%7-day average +0.007% · 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)+0.039%+$4 on $10k
+Price spread, last 3 days (all we have)−0.695%−$70 · spread now +0.182%, 7d avg +0.007%
=Together, before fees−0.656%+ Points / potential airdropVariational Omni: Active · farm board−$66 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and KuCoin is 0.175% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.007%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.039% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.54 per $10,000. 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 | 0.07071 | −0.0608 | get 0.0304% / 4h | 1h 10m | $194K | $104K | — |
| Short | KuCoin SKYUSDTM | 0.07084 | 0.0100 | get 0.0050% / 4h | 1h 10m | $427K | $288K | 50x |
Variational Omni SKY
KuCoin SKYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $148.74
- Price spread: +0.182% → +0.007%
- $17.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $154.26
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 8 min ago; KuCoin: live order book, 61 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, 8 min ago | 5.65 bp | doesn't fit | 283.9 bp −$2,839 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 37.53 bp | 580.7 bp −$581 | 732.7 bp −$7,327 | 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 | −0.0608% | 4h | 0.07071 | long leg | $194K | $104K | — | |
| Bybit SKYUSDT | −0.0294% | 4h | 0.07071 | −0.002% | $7.7M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +1.427% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0062% | 1h | 0.07082 | +0.147% | $70K | $26K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07081 | +0.138% | $185K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07083 | +0.162% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07082 | +0.160% | $16.1M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07077 | +0.083% | $852K | $1.4M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07073 | +0.027% | $604K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07083 | +0.168% | $1.1M | $289K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Lighter SKY
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 SKYUSDTMshort | +0.0100% | 4h | 0.07084 | +0.182% | $427K | $288K | 50x | |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07081 | +0.140% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07077 | +0.083% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07081 | +0.140% | $20K | $684K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07083 | +0.174% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0117% | 4h | 0.07078 | +0.097% | $592K | $29K | 75x | as long as short |
| Hyperliquid SKY | +0.0290% | 1h | 0.07096 | +0.345% | $3.0M | $930K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0528% / S −0.0248% | 1h | 0.07082 | +0.151% | $84K | — | 50x | as long as short |
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]