Funding you earn now, next payment 03:00 UTC+0.0505%/8h= +55.3% APRpaid last 24h +0.065%
Price spread now: ApeX Omni against Variational Omni−0.365%7-day average +0.115% · 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)+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.456%+$46 · spread now −0.365%, 7d avg +0.115%
=Together, before fees+0.534%+ Points / potential airdropVariational Omni: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.480% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.365% now, against its 7-day average of +0.115%). If the spread goes back, that is −$48 on $10k: about 3.2 days of funding at the current rate (+$15 a day). At the pace of the last 3 days (+0.078% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.078% in total (about 8.3% a year). A funding rate is set anew for every payment. 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 SKY | 0.06947 | −0.0405 | get 0.0202% / 4h | 1h 55m | $185K | $126K | — |
| Short | ApeX Omni SKYUSDT | 0.06922 | 0.0100 | get 0.0013% / 1h | 55m 40s | $28K | $666K | 50x |
Variational Omni SKY
ApeX Omni SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $105.99
- Price spread: −0.365% → +0.115%
- −$47.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $48.01
- Costs to cover
- 0.100%
- Break-even
- 3.8 days
Slippage unknown: Variational Omni: RFQ quote, 8 min ago; ApeX Omni: live order book, 8 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, 8 min ago | 5.80 bp | doesn't fit | 284.0 bp −$2,840 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 8 min ago | 9.40 bp | 17.0 bp −$17 | 102.8 bp −$1,028 | 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 SKYlong | −0.0405% | 4h | 0.06947 | long leg | $185K | $126K | — | |
| Bybit SKYUSDT | −0.0046% | 4h | 0.06941 | −0.091% | $7.3M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +3.234% | $392 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06946 | −0.012% | $181K | $177K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06948 | +0.013% | $71K | $29K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06952 | +0.065% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06944 | −0.043% | $15.8M | $11.0M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06940 | −0.106% | $828K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06944 | −0.048% | $596K | $275K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06947 | −0.005% | $1.0M | $267K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance 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 | 0.06937 | −0.149% | $413K | $295K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06948 | +0.009% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06946 | −0.019% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.06922 | −0.365% | $28K | $666K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06958 | +0.155% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0525% / S −0.0248% | 1h | 0.06957 | +0.132% | $82K | — | 50x | as long as short |
| Hyperliquid SKY | +0.0999% | 1h | 0.06967 | +0.277% | $2.9M | $940K | 3x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]
Hyperliquid SKY