Funding you earn now, next payment 05:00 UTC+0.0119%/8h= +13.0% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Deribit+0.217%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.217%, 7d avg −0.019%
=Together, before fees−0.187%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.235% dearer against Deribit than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 189.83 | −0.0119 | get 0.0015% / 1h | 26m 05s | $48K | $328K | 10x |
| Short | Variational Omni SKHY | 190.24 | 0 | get 0.0000% / 8h | 3h 26m | $1.6M | $1.1M | — |
Deribit SKHY_USDC-PERPETUAL
Variational Omni SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $24.91
- Price spread: +0.217% → −0.019%
- $23.54
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $41.45
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 27 min ago; Variational Omni: RFQ quote, 3 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 Deribit live order book, 27 min ago | 4.17 bp | 9.6 bp −$10 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 2.23 bp | doesn't fit | 4.7 bp −$47 | 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 | −0.0999% | 4h | 190.13 | +0.157% | $573K | $289K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | −0.0119% | 1h | 189.83 | long leg | $48K | $328K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.016% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0027% | 1h | 189.85 | +0.011% | $159.1M | $69.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.01 | +0.093% | $246K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.78 | −0.028% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.88 | +0.026% | $200.2M | $407.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.87 | +0.021% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.92 | +0.047% | $45.1M | $73.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.88 | +0.026% | $25.6M | $19.6M | 75x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | 0.0000% | 8h | 189.96 | +0.068% | $24.5M | $28.7M | 20x | as long as short |
| Variational Omni SKHYshort | 0.0000% | 8h | 190.24 | +0.217% | $1.6M | $1.1M | — | |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.15 | +0.170% | $22K | $214K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.12 | +0.153% | $696 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.79 | −0.021% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.88 | +0.026% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.82 | −0.005% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 189.77 | −0.032% | $1.0M | $704K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.81 | −0.011% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.08 | +0.132% | $59K | $164K | 10x | as long as short |
| Nado SKHY-PERP | +0.0042% | 1h | 189.99 | +0.082% | $34K | $28K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.96 | +0.068% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.86 | +0.016% | $200K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.76 | −0.037% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.86 | +0.016% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.17 | +0.179% | $529K | $2.7M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.97 | +0.074% | $1.1M | $318K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.88 | +0.026% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.02 | +0.100% | $2.2M | $437K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.40 | +0.300% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0690% | 1h | 189.88 | +0.024% | $48K | $19K | 20x | as long as short |
Bitget SKHYUSDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Nado SKHY-PERP
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD