Funding you earn now, next payment 00:00 UTC+0.0612%/8h= +67.0% APRnext payment +$3.06 per $10,000 · paid last 24h +0.029%
Price spread now: MEXC against Variational Omni−0.047%7-day average +0.093% · you buy dearer than you sell
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)−0.232%−$23 · spread now −0.047%, 7d avg +0.093%
=Together, before fees−0.193%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.140% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.093%). If the spread goes back, that is −$14 on $10k: about 18 hours of funding at the current rate (+$18 a day). At the pace of the last 3 days (+0.039% in total) that is about 12 days.
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 +$3.06 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 | 0.07205 | −0.0512 | get 0.0256% / 4h | 1h 52m | $207K | $94K | — |
| Short | MEXC SKY_USDT | 0.07202 | 0.0100 | get 0.0050% / 4h | 1h 52m | $1.1M | $278K | 100x |
Variational Omni SKY
MEXC SKY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $128.44
- Price spread: −0.047% → +0.093%
- −$13.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $110.48
- Costs to cover
- 0.040%
- Break-even
- 1.0 days
Slippage unknown: Variational Omni: RFQ quote, 32 min ago; MEXC: 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, 32 min ago | 5.55 bp | doesn't fit | 297.2 bp −$2,972 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.69 bp | 10.2 bp −$10 | 83.9 bp −$839 | 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 | −0.0094% | 4h | 0.07187 | −0.255% | $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 |
| Lighter SKY | +0.0096% | 1h | 0.07199 | −0.086% | $189K | $163K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07203 | −0.037% | $71K | $25K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07204 | −0.016% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07202 | −0.042% | $16.6M | $9.6M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07193 | −0.172% | $870K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07199 | −0.089% | $618K | $252K | 50x | as long as short |
| MEXC SKY_USDTshort | +0.0100% | 4h | 0.07202 | −0.047% | $1.1M | $278K | 100x |
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07204 | −0.019% | $443K | $279K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07199 | −0.089% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07193 | −0.172% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07220 | +0.203% | $20K | $687K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07201 | −0.055% | $698 | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0116% | 4h | 0.07224 | +0.258% | $609K | $612K | 75x | as long as short |
| Hyperliquid SKY | +0.0397% | 1h | 0.07215 | +0.132% | $3.0M | $904K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0534% / S −0.0248% | 1h | 0.07196 | −0.130% | $85K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]