SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h −0.078%

Price spread now: Variational Omni against KuCoin−0.156%7-day average −0.017% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

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)+0.566%+$57 · spread now −0.156%, 7d avg −0.017%

Together, before fees+0.478%+ Points / potential airdropVariational Omni: Active · farm board+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.139% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SKYUSDTM	0.06868	0.0100	pay 0.0050% / 4h	1h 23m	$402K	$292K	50x
Short	Variational Omni SKY	0.06857	0.0072	get 0.0036% / 4h	1h 23m	$183K	$98K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.156%Rate

Funding earned: −$5.83
Price spread: −0.156% → −0.017%: −$13.92
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$31.75
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 20 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 KuCoin live order book, 20 min ago	34.98 bp	252.4 bp −$252	406.1 bp −$4,061	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 21 min ago	4.37 bp	doesn't fit	169.0 bp −$1,690	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
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.364%	$376	$303K	12x	as long as short
Variational Omni SKYshort	+0.0072%	4h	0.06857	−0.156%	$183K	$98K	—
Lighter SKY	+0.0096%	1h	0.06864	−0.061%	$179K	$117K	10x	as long as short
Nado SKY-PERP	+0.0100%	1h	0.06863	−0.076%	$71K	$31K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06866	−0.029%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06864	−0.056%	$15.6M	$11.1M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06861	−0.102%	$7.2M	$3.0M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06859	−0.131%	$800K	$1.1M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06856	−0.175%	$584K	$287K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06864	−0.058%	$1.0M	$267K	100x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTMlong	+0.0100%	4h	0.06868	long leg	$402K	$292K	50x
Bitget SKYUSDT	+0.0100%	4h	0.06863	−0.073%	$2.8M	$1.4M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06864	−0.058%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06849	−0.277%	$26K	$647K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06864	−0.054%	$1K	$3K	10x	as long as short
BloFin SKY-USDT	+0.0100%	4h	0.06862	−0.087%	$582K	$29K	75x	as long as short
Hyperliquid SKY	+0.0163%	1h	0.06877	+0.130%	$2.8M	$845K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0522% / S −0.0248%	1h	0.06867	−0.010%	$81K	—	50x	as long as short