Funding you earn now, next payment 23:00 UTC+0.0608%/8h= +66.5% APRpaid last 24h +0.028%
Price spread now: Lighter against Variational Omni+0.093%7-day average +0.105% · 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)+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.300%−$30 · spread now +0.093%, 7d avg +0.105%
=Together, before fees−0.264%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.036% in total (about 4.1% 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 | 0.07205 | −0.0512 | get 0.0256% / 4h | 1h 54m | $207K | $94K | — |
| Short | Lighter SKY | 0.07212 | 0.0096 | get 0.0012% / 1h | 54m 11s | $189K | $163K | 10x |
Variational Omni SKY
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $127.6
- Price spread: +0.093% → +0.105%
- −$1.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $126.4
- Costs to cover
- 0.000%
- Break-even
- 0.1 days
Slippage unknown: Variational Omni: RFQ quote, 30 min ago; Lighter: live order book, 20 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, 30 min ago | 5.55 bp | doesn't fit | 297.2 bp −$2,972 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 20 min ago | 11.94 bp | 12.3 bp −$12 | 107.5 bp −$1,075 | 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 | −0.0512% | 4h | 0.07205 | long leg | $207K | $94K | — | |
| Bybit SKYUSDT | −0.0060% | 4h | 0.07205 | −0.005% | $7.9M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07197 | −0.116% | $393 | $260K | 12x | as long as short |
| BloFin SKY-USDT | +0.0045% | 4h | 0.07213 | +0.106% | $608K | $611K | 75x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.07212 | +0.093% | $189K | $163K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.07211 | +0.085% | $71K | $25K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07218 | +0.174% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07212 | +0.093% | $16.6M | $9.6M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07204 | −0.019% | $871K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07207 | +0.022% | $618K | $252K | 50x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
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 | 0.07212 | +0.092% | $1.1M | $278K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07208 | +0.036% | $443K | $279K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07212 | +0.092% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07209 | +0.050% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07202 | −0.047% | $20K | $688K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07217 | +0.154% | $700 | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.0381% | 1h | 0.07224 | +0.260% | $3.0M | $904K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0534% / S −0.0248% | 1h | 0.07206 | +0.014% | $85K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]