SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0184%/8h= −20.1% APRpaid last 24h −0.007%

Price spread now: Variational Omni against Coinbase International−0.145%58s7-day average −0.122% · you buy dearer than you sell

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

Long on Coinbase International Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.023%+$2 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.145%, 7d avg −0.122%

Together, before fees+0.046%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.122%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.023% in total (about 2.5% 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	Coinbase International SKHY-PERP-INTX	188.65	0.0184	pay 0.0023% / 1h	3m 22s	$168K	$677K	10x
Short	Variational Omni SKHY	188.38	0	get 0.0000% / 8h	2h 03m	$1.5M	$2.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now −0.145%Rate

Funding earned: −$38.64
Price spread: −0.145% → −0.122%: −$2.31
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$50.95
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 20 min ago; Variational Omni: RFQ quote, 1 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 Coinbase International live order book, 20 min ago	6.37 bp	12.6 bp −$13	23.1 bp −$231	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.26 bp	doesn't fit	9.0 bp −$90	doesn't fit	doesn't fit

SKHY on 31 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
edgeX SKHYUSDC	−0.0956%	4h	188.41	−0.127%	$568K	$290K	10x	as long as short
Nado SKHY-PERP	−0.0071%	1h	188.49	−0.084%	$28K	$2K	10x	as long as short
KuCoin SKHYUSDTM	−0.0051%	8h	188.41	−0.127%	$1.1M	$316K	20x	as long as short
tradeXYZ xyz:SKHY	−0.0011%	1h	188.41	−0.127%	$164.2M	$64.8M	10x	as long as short
QFEX SKHY-USD	−0.0003%	1h	188.44	−0.111%	$1.2M	$5.2M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	188.45	−0.104%	$250K	$901K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	188.47	−0.096%	$55K	$4K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	188.48	−0.088%	$211.1M	$378.7M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	188.50	−0.080%	$15.8M	$26.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.45	−0.106%	$46.8M	$60.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SKHY_USDT	0.0000%	8h	188.46	−0.101%	$26.0M	$17.9M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	188.49	−0.085%	$25.3M	$25.0M	20x	as long as short
Variational Omni SKHYshort	0.0000%	8h	188.38	−0.145%	$1.5M	$2.5M	—
GRVT SKHY_USDT_Perp	0.0000%	8h	188.42	−0.123%	$22K	$221K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	188.75	+0.053%	$691	$7.4M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	188.51	−0.074%	$45K	$226K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	188.43	−0.117%	$154K	$399K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	188.48	−0.090%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	188.45	−0.106%	$1.0M	$714K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	188.38	−0.143%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	188.49	−0.085%	$55K	$157K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.41	−0.127%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	188.49	−0.085%	$202K	$241K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	188.36	−0.154%	$186K	$923K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	188.42	−0.122%	$42K	$12K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	188.37	−0.148%	$523K	$909K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	188.48	−0.090%	$2K	$5K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	188.40	−0.133%	$2.2M	$432K	50x	as long as short
Coinbase International SKHY-PERP-INTXlong	+0.0184%	1h	188.65	long leg	$168K	$677K	10x
Phoenix SKHY	+0.0297%	1h	188.61	−0.021%	$213K	$128K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0615%	1h	188.62	−0.018%	$50K	$24K	20x	as long as short