SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0638%/8h= +69.8% APRnext payment +$3.19 per $10,000 · paid last 24h +0.029%

Price spread now: Orderly against Variational Omni−0.034%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Orderly is 0.034% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$19 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SKY	0.07089	−0.0538	get 0.0269% / 4h	1h 17m	$195K	$104K	—
Short	Orderly PERP_SKY_USDC_mythos	0.07087	0.0100	get 0.0050% / 4h	1h 17m	$1K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee OrderlybpOrdersPrice spread, now −0.034%Rate

Funding earned: $133.95
Price spread: −0.034% → 0.000%: −$3.41
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $124.54
Costs to cover: 0.060%
Break-even: 0.5 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Orderly: 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, 2 min ago	5.65 bp	doesn't fit	283.9 bp −$2,839	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0538%	4h	0.07089	long leg	$195K	$104K	—
Bybit SKYUSDT	−0.0283%	4h	0.07070	−0.270%	$7.7M	$3.4M	25x	as long as short
Injective SKY/USDC PERP	+0.0014%	1h	0.07172	+1.169%	$392	$303K	12x	as long as short
Nado SKY-PERP	+0.0069%	1h	0.07087	−0.033%	$70K	$26K	5x	as long as short
Lighter SKY	+0.0096%	1h	0.07085	−0.062%	$186K	$163K	10x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07087	−0.029%	$43K	$36K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07082	−0.103%	$16.1M	$10.3M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07076	−0.185%	$852K	$1.4M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.07080	−0.129%	$605K	$261K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07081	−0.114%	$1.1M	$289K	100x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTM	+0.0100%	4h	0.07078	−0.157%	$427K	$288K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07089	−0.002%	$2.9M	$2.1M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07079	−0.143%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07106	+0.238%	$20K	$684K	50x	as long as short
Orderly PERP_SKY_USDC_mythosshort	+0.0100%	4h	0.07087	−0.034%	$1K	$2K	10x
BloFin SKY-USDT	+0.0124%	4h	0.07088	−0.016%	$594K	$30K	75x	as long as short
Hyperliquid SKY	+0.0288%	1h	0.07097	+0.110%	$3.0M	$930K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0528% / S −0.0248%	1h	0.07080	−0.131%	$84K	—	50x	as long as short