Funding you earn now, next payment 04:00 UTC−0.0556%/8h= −60.8% APRnext payment −$2.78 per $10,000 · paid last 24h −0.065%
Price spread now: Variational Omni against Binance−0.155%7-day average −0.095% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.842%+$84 · spread now −0.155%, 7d avg −0.095%
=Together, before fees+0.765%+ Points / potential airdropVariational Omni: Active · farm board+$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Variational Omni is 0.060% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.076% in total (about -8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.78 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 | Binance SKYUSDT | 0.06912 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $15.8M | $11.1M | 75x |
| Short | Variational Omni SKY | 0.06901 | −0.0456 | pay 0.0228% / 4h | 2h 02m | $184K | $126K | — |
Binance SKYUSDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$116.66
- Price spread: −0.155% → −0.095%
- −$6.02
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$132.68
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago | 0.72 bp | 13.1 bp −$13 | 53.8 bp −$538 | 362.4 bp −$36.2K | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 5.80 bp | doesn't fit | 172.4 bp −$1,724 | doesn't fit | doesn't fit |
SKY on 17 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 SKYshort | −0.0456% | 4h | 0.06901 | −0.155% | $184K | $126K | — | |
| Bybit SKYUSDT | −0.0086% | 4h | 0.06905 | −0.101% | $7.3M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +3.762% | $392 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06909 | −0.048% | $180K | $181K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06915 | +0.051% | $69K | $28K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06916 | +0.058% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDTlong | +0.0100% | 4h | 0.06912 | long leg | $15.8M | $11.1M | 75x | |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06907 | −0.072% | $825K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06906 | −0.087% | $593K | $283K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06912 | 0.000% | $1.0M | $287K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06913 | +0.014% | $412K | $294K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06912 | 0.000% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06908 | −0.058% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06913 | +0.014% | $28K | $666K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06916 | +0.061% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0122% | 1h | 0.06930 | +0.265% | $2.9M | $928K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06913 | +0.012% | $82K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]