Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.6% APRpaid last 24h +0.002%
Price spread now: Variational Omni against QFEX−0.047%47s7-day average +0.039% · 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)+0.030%+$3 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.047%, 7d avg +0.039%
=Together, before fees+0.081%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.086% cheaper against QFEX than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.039%). If the spread goes back, that is −$9 on $10k: about 4.7 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.030% in total) that is about 10 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 186.21 | −0.0061 | get 0.0008% / 1h | 6m 45s | $1.2M | $4.3M | 10x |
| Short | Variational Omni SKHY | 186.12 | 0 | get 0.0000% / 8h | 6m 45s | $1.6M | $1.1M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against QFEX. 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
- $12.75
- Price spread: −0.047% → +0.039%
- −$8.62
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$5.87
- Costs to cover
- 0.100%
- Break-even
- 10.2 days
Slippage unknown: QFEX: live order book, 7 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 QFEX live order book, 7 min ago | 1.34 bp | 6.3 bp −$6 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.26 bp | doesn't fit | 6.6 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1249% | 8h | 186.44 | +0.124% | $25.5M | $33.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.34 | +0.070% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0128% | 1h | 186.22 | +0.005% | $158.1M | $76.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0118% | 1h | 186.30 | +0.050% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.736% | $68K | $795K | 10x | as long as short |
| QFEX SKHY-USDlong | −0.0061% | 1h | 186.21 | long leg | $1.2M | $4.3M | 10x | |
| KuCoin SKHYUSDTM | −0.0058% | 8h | 186.18 | −0.016% | $1.1M | $349K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0044% | 1h | 186.16 | −0.027% | $180K | $486K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0018% | 4h | 186.11 | −0.051% | $561K | $290K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.28 | +0.037% | $225K | $899K | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 186.17 | −0.022% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.23 | +0.011% | $199.8M | $453.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.24 | +0.016% | $16.6M | $29.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.22 | +0.005% | $44.5M | $80.0M | 50x | as long as short |
| Popdex SKHYUSDT | 0.0000% | 1h | 186.25 | +0.021% | $204K | $287K | 20x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.21 | 0.000% | $25.5M | $21.1M | 75x | as long as short |
| Variational Omni SKHYshort | 0.0000% | 8h | 186.12 | −0.047% | $1.6M | $1.1M | — | |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.15 | −0.032% | $22K | $238K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.51 | +0.161% | $683 | $6.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.27 | +0.032% | $49K | $348K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.16 | −0.027% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.26 | +0.027% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 186.20 | −0.005% | $973K | $1.2M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.17 | −0.021% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.18 | −0.016% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.13 | −0.043% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.22 | +0.005% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.05 | −0.086% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.24 | +0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.17 | −0.021% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.40 | +0.102% | $209K | $123K | 10x | as long as short |
Variational Omni SKHY
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Polymarket Perps SKHY-USD
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Popdex SKHYUSDT
Gate SKHY_USDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY