Funding you earn now, next payment 12:00 UTC+0.0335%/8h= +36.7% APRpaid last 24h +0.014%
Price spread now: Variational Omni against Deribit−0.066%7-day average −0.017% · 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)+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.066%, 7d avg −0.017%
=Together, before fees+0.109%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.050% cheaper against Deribit than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.017%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$10 a day). At the pace of the last 4 days (+0.041% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.041% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 187.86 | −0.0335 | get 0.0042% / 1h | 58m 07s | $50K | $492K | 10x |
| Short | Variational Omni SKHY | 187.74 | 0 | get 0.0000% / 8h | 4h 58m | $1.5M | $954K | — |
Deribit SKHY_USDC-PERPETUAL
Variational Omni SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $70.39
- Price spread: −0.066% → −0.017%
- −$4.99
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $58.4
- Costs to cover
- 0.070%
- Break-even
- 1.2 days
Slippage unknown: Deribit: live order book, 49 min ago; Variational Omni: RFQ quote, 4 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 Deribit live order book, 49 min ago | 5.59 bp | 19.2 bp −$19 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.24 bp | doesn't fit | 7.7 bp −$77 | doesn't fit | doesn't fit |
SKHY on 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SKHYUSD | −0.2055% | 1h | 187.83 | −0.014% | $51K | $36K | 20x | as long as short |
| edgeX SKHYUSDC | −0.0453% | 4h | 187.75 | −0.056% | $566K | $287K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | −0.0335% | 1h | 187.86 | long leg | $50K | $492K | 10x | |
| Bitget SKHYUSDT | −0.0290% | 8h | 187.91 | +0.027% | $26.1M | $36.5M | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0207% | 1h | 187.77 | −0.048% | $158.5M | $77.5M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0199% | 8h | 187.75 | −0.059% | $1.1M | $513K | 20x | as long as short |
| Nado SKHY-PERP | −0.0198% | 1h | 188.06 | +0.104% | $32K | $28K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0136% | 1h | 187.96 | +0.053% | $523K | $2.5M | 10x | as long as short |
| Lighter SKHY | −0.0112% | 1h | 187.74 | −0.064% | $982K | $1.4M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0096% | 1h | 187.65 | −0.112% | $110K | $739K | 10x | as long as short |
Kraken Futures PF_SKHYUSD
edgeX SKHYUSDC
Bitget SKHYUSDT
tradeXYZ xyz:SKHY
KuCoin SKHYUSDTM
Nado SKHY-PERP
Ondo Perps SKHY-USD.P
Lighter SKHY
Coinbase International SKHY-PERP-INTXShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0013% | 1h | 187.74 | −0.064% | $1.2M | $4.2M | 10x | as long as short |
| Binance SKHYUSDT | −0.0010% | 8h | 187.83 | −0.015% | $197.7M | $471.9M | 50x | as long as short |
| Extended SKHY-USD | −0.0008% | 1h | 187.79 | −0.039% | $55K | $7K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0008% | 1h | 187.77 | −0.048% | $201K | $310K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0006% | 1h | 187.75 | −0.059% | $182K | $342K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.88 | +0.013% | $260K | $916K | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.79 | −0.037% | $16.4M | $33.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.79 | −0.037% | $44.6M | $85.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.75 | −0.059% | $25.3M | $21.2M | 75x | as long as short |
| Variational Omni SKHYshort | 0.0000% | 8h | 187.74 | −0.066% | $1.5M | $954K | — | |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.78 | −0.042% | $22K | $255K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.06 | +0.106% | $688 | $5.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.67 | −0.101% | $154K | $383K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.79 | −0.037% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.69 | −0.090% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.85 | −0.005% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.88 | +0.011% | — | $40K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.77 | −0.048% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.80 | −0.032% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0115% | 8h | 188.12 | +0.138% | $2.2M | $491K | 50x | as long as short |
| Phoenix SKHY | +0.0255% | 1h | 187.94 | +0.043% | $211K | $123K | 10x | as long as short |
QFEX SKHY-USD
Binance SKHYUSDT
Extended SKHY-USD
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Aster SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY