Funding you earn now, next payment 04:00 UTC−0.0485%/8h= −53.1% APRnext payment −$2.42 per $10,000 · paid last 24h −0.043%
Price spread now: Variational Omni against Bybit+0.056%7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.660%+$66 · spread now +0.056%, 7d avg −0.009%
=Together, before fees+0.610%+ Points / potential airdropVariational Omni: Active · farm board+$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.065% dearer against Bybit than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.009%): +$7 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 3 days (−0.050% in total) that is about 4.5 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.050% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 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 | Bybit SKYUSDT | 0.06975 | −0.0025 | get 0.0012% / 4h | 2h 47m | $7.4M | $3.4M | 25x |
| Short | Variational Omni SKY | 0.06979 | −0.0510 | pay 0.0255% / 4h | 2h 47m | $201K | $118K | — |
Bybit SKYUSDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- −$101.82
- Price spread: +0.056% → −0.009%
- $6.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$106.28
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 21 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 Bybit live order book, 5 min ago | 0.72 bp | 32.0 bp −$32 | 271.0 bp −$2,710 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 21 min ago | 4.26 bp | doesn't fit | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
SKY on 18 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 | −0.0510% | 4h | 0.06979 | +0.056% | $201K | $118K | — | |
| Bybit SKYUSDTlong | −0.0025% | 4h | 0.06975 | long leg | $7.4M | $3.4M | 25x | |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.824% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0080% | 4h | 0.06993 | +0.258% | $596K | $29K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06979 | +0.063% | $182K | $181K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06979 | +0.065% | $70K | $28K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06985 | +0.148% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06982 | +0.100% | $16.0M | $11.0M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06979 | +0.057% | $837K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06978 | +0.043% | $586K | $263K | 50x | as long as short |
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06982 | +0.100% | $1.0M | $269K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06988 | +0.186% | $413K | $294K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06978 | +0.043% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06979 | +0.057% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06987 | +0.172% | $24K | $678K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06983 | +0.115% | $937 | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0199% | 1h | 0.06993 | +0.257% | $2.9M | $909K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0525% / S −0.0248% | 1h | 0.06975 | −0.006% | $83K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]