Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.008%
Price spread now: Variational Omni against Coinbase International−1.062%7-day average −0.112% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+1.003%+$100 · spread now −1.062%, 7d avg −0.112%
=Together, before fees+1.023%+ Points / potential airdropVariational Omni: Active · farm board+$102 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.950% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.062% now, against its 7-day average of −0.112%). If the spread goes back, that is −$95 on $10k: about 30 days of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.020% in total) that is about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SKHY-PERP-INTX | 192.84 | −0.0104 | get 0.0013% / 1h | 41m 38s | $45K | $861K | 10x |
| Short | Variational Omni SKHY | 190.79 | 0 | get 0.0000% / 8h | 3h 41m | $1.6M | $1.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- $21.84
- Price spread: −1.062% → −0.112%
- −$95.04
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$83.2
- Costs to cover
- 0.100%
- Break-even
- 33.7 days
Slippage unknown: Coinbase International: live order book, 12 min ago; Variational Omni: RFQ quote, 2 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 Coinbase International live order book, 12 min ago | 5.22 bp | 10.9 bp −$11 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.23 bp | doesn't fit | 3.5 bp −$35 | doesn't fit | doesn't fit |
SKHY on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0981% | 4h | 190.66 | −1.129% | $575K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | −0.0104% | 1h | 192.84 | long leg | $45K | $861K | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 190.67 | −1.126% | $248K | $892K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 190.52 | −1.204% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 190.50 | −1.214% | $200.2M | $402.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.49 | −1.219% | $15.4M | $28.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.49 | −1.219% | $45.5M | $72.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 190.48 | −1.224% | $25.6M | $19.4M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.75 | −1.084% | $24.5M | $28.3M | 20x | as long as short |
| Variational Omni SKHYshort | 0.0000% | 8h | 190.79 | −1.062% | $1.6M | $1.1M | — |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.68 | −1.121% | $22K | $211K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 191.19 | −0.856% | $700 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 190.80 | −1.058% | $159K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 191.05 | −0.928% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0004% | 1h | 190.53 | −1.198% | $159.3M | $69.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 190.42 | −1.255% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 190.48 | −1.224% | $1.0M | $691K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 190.49 | −1.219% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.67 | −1.125% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.80 | −1.058% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.52 | −1.203% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.79 | −1.063% | $182K | $460K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 190.78 | −1.068% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.51 | −1.208% | $563K | $2.6M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0064% | 1h | 190.88 | −1.016% | $48K | $325K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.69 | −1.115% | $1.1M | $321K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.89 | −1.011% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0106% | 1h | 190.85 | −1.033% | $34K | $28K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.73 | −1.094% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.77 | −1.073% | $214K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0686% | 1h | 191.00 | −0.953% | $48K | $19K | 20x | as long as short |
Coinbase International SKHY-PERP-INTX
Variational Omni SKHY
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD