Funding you earn now, next payment 00:00 UTC−0.0615%/8h= −67.4% APRnext payment −$3.08 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against BingX+0.283%7-day average −0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.283%, 7d avg −0.047%
=Together, before fees−0.082%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.330% dearer against BingX than usual: you sell high and buy low (spread +0.283% now, against its 7-day average of −0.047%): +$33 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 3 days (−0.039% in total) that is about 27 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.039% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.08 per $10,000. 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 | BingX SKY-USDT | 0.07132 | 0.0100 | pay 0.0050% / 4h | 1h 32m | — | $2.4M | — |
| Short | Variational Omni SKY | 0.07152 | −0.0515 | pay 0.0258% / 4h | 1h 32m | $196K | $104K | — |
BingX SKY-USDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- −$129.22
- Price spread: +0.283% → −0.047%
- $32.98
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$106.25
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 2 min ago; Variational Omni: RFQ quote, 52 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 BingX live order book, 2 min ago | 3.49 bp | 16.5 bp −$16 | 43.8 bp −$438 | 264.3 bp −$26.4K | 971.5 bp −$485.8K |
| Sell Variational Omni RFQ quote, 52 min ago | 5.55 bp | doesn't fit | 211.1 bp −$2,111 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKYshort | −0.0515% | 4h | 0.07152 | +0.283% | $196K | $104K | — | |
| Bybit SKYUSDT | −0.0206% | 4h | 0.07125 | −0.098% | $7.8M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +0.561% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0047% | 1h | 0.07136 | +0.049% | $71K | $25K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07142 | +0.142% | $187K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07142 | +0.147% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07136 | +0.059% | $16.4M | $9.7M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07124 | −0.112% | $854K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07130 | −0.028% | $612K | $253K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07133 | +0.014% | $1.1M | $287K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07129 | −0.042% | $437K | $282K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07133 | +0.014% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.07132 | long leg | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07167 | +0.491% | $20K | $685K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07142 | +0.133% | $693 | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0145% | 4h | 0.07159 | +0.379% | $602K | $31K | 75x | as long as short |
| Hyperliquid SKY | +0.0325% | 1h | 0.07144 | +0.172% | $3.0M | $907K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0530% / S −0.0248% | 1h | 0.07134 | +0.025% | $85K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]