Settings8H · net · $10k
Funding arb · Price arb /

SKY

all SKY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.078%
Price spread now: Variational Omni against ApeX Omni−0.179%88s7-day average −0.117% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.179%, 7d avg −0.117%
Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 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 0.062% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.117%). Swap the legs. The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SKYUSDT0.068530.0100pay 0.0013% / 1h24m 05s$27K$652K50x
ShortVariational Omni SKY0.06841−0.0096pay 0.0048% / 4h3h 24m$183K$113K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against ApeX 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

Funding earned
−$41.22
Price spread: −0.179% → −0.117%
−$6.22
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$57.44
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 29 min ago; Variational Omni: RFQ quote, 30 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 29 min ago7.26 bp18.1 bp −$18102.1 bp −$1,021doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 30 min ago5.83 bpdoesn't fit180.7 bp −$1,807doesn't fitdoesn't fit

SKY on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SKY/USDC PERP−0.0269%1h0.06893+0.584%$376$303K12xas long as short
Variational Omni SKYshort−0.0096%4h0.06841−0.179%$183K$113K
Lighter SKY+0.0096%1h0.06850−0.044%$179K$139K10xas long as short
Nado SKY-PERP+0.0100%1h0.06848−0.073%$75K$32K5xas long as short
Aster SKYUSDT+0.0100%4h0.06854+0.020%$41K$42K20xas long as short
Binance SKYUSDT+0.0100%4h0.06854+0.015%$15.7M$11.0M75xas long as short
Bybit SKYUSDT+0.0100%4h0.06843−0.146%$7.2M$3.2M25xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06850−0.044%$818K$1.1M20xas long as short
Gate SKY_USDT+0.0100%4h0.06845−0.117%$593K$270K50xas long as short
MEXC SKY_USDT+0.0100%4h0.06850−0.044%$1.0M$265K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.068530.000%$403K$292K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06852−0.015%$2.8M$1.5M75xas long as short
BingX SKY-USDT+0.0100%4h0.06847−0.088%$2.4Mas long as short
ApeX Omni SKYUSDTlong+0.0100%1h0.06853long leg$27K$652K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06849−0.064%$1K$3K10xas long as short
BloFin SKY-USDT+0.0116%4h0.06857+0.058%$582K$29K75xas long as short
Hyperliquid SKY+0.0239%1h0.06861+0.120%$2.8M$907K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0522% / S −0.0248%1h0.06847−0.085%$81K50xas long as short