Funding you earn now, next payment 08:00 UTC−0.0433%/8h= −47.4% APRnext payment −$4.33 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Variational Omni+0.185%7-day average −0.002% · 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)−0.018%−$2 on $10k
+Price spread, last 7 days−0.177%−$18 · spread now +0.185%, 7d avg −0.002%
=Together, before fees−0.196%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.187% dearer against Variational Omni than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.002%): +$19 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 4 days (−0.018% in total) that is about 36 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.018% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.33 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 SKHY | 188.41 | 0 | get 0.0000% / 8h | 2h 59m | $1.6M | $1.1M | — |
| Short | Bitget SKHYUSDT | 188.76 | −0.0433 | pay 0.0433% / 8h | 2h 59m | $24.2M | $29.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$90.93
- Price spread: +0.185% → −0.002%
- $18.65
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$84.28
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bitget: 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, 4 min ago | 2.22 bp | doesn't fit | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.53 bp | 8.5 bp −$9 | 15.6 bp −$156 | 20.2 bp −$2,023 | 40.6 bp −$20.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTshort | −0.0433% | 8h | 188.76 | +0.185% | $24.2M | $29.6M | 20x | |
| edgeX SKHYUSDC | −0.0252% | 4h | 188.46 | +0.025% | $568K | $292K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.769% | $36K | $876K | 10x | as long as short |
| Lighter SKHY | 0.0000% | 1h | 188.47 | +0.031% | $993K | $727K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.65 | +0.129% | $243K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.53 | +0.062% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.61 | +0.105% | $198.9M | $413.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.65 | +0.126% | $15.5M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.65 | +0.126% | $44.7M | $73.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.62 | +0.110% | $25.2M | $19.8M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHYlong | 0.0000% | 8h | 188.41 | long leg | $1.6M | $1.1M | — | |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.58 | +0.087% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.84 | +0.227% | $691 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.47 | +0.031% | $48K | $331K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.41 | −0.001% | $156K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.64 | +0.121% | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0010% | 1h | 188.58 | +0.090% | $33K | $28K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.62 | +0.110% | $1.2M | $4.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.45 | +0.020% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.58 | +0.089% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.57 | +0.084% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.63 | +0.116% | $199K | $259K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 188.53 | +0.063% | $158.2M | $70.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.44 | +0.015% | $181K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.48 | +0.036% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.45 | +0.020% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.57 | +0.084% | $1.1M | $311K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.49 | +0.041% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.49 | +0.041% | $2.2M | $438K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.06 | +0.344% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0695% | 1h | 188.55 | +0.073% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
Bitget SKHYUSDT
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD