Funding you earn now, next payment 04:00 UTC−0.0568%/8h= −62.2% APRnext payment −$2.84 per $10,000 · paid last 24h −0.062%
Price spread now: Variational Omni against BloFin−0.444%371s7-day average −0.113% · 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)−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)+0.394%+$39 · spread now −0.444%, 7d avg −0.113%
=Together, before fees+0.327%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Variational Omni is 0.332% cheaper against BloFin than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.113%). Swap the legs. The two prices were read 371 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.067% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.84 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 | BloFin SKY-USDT | 0.06993 | 0.0080 | pay 0.0040% / 4h | 2h 43m | $596K | $29K | 75x |
| Short | Variational Omni SKY | 0.06962 | −0.0488 | pay 0.0244% / 4h | 2h 43m | $201K | $118K | — |
BloFin SKY-USDT
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$119.24
- Price spread: −0.444% → −0.113%
- −$33.18
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$164.41
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 23 min ago; Variational Omni: RFQ quote, 26 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 BloFin live order book, 23 min ago | 2.13 bp | 15.8 bp −$16 | 38.6 bp −$386 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 26 min ago | 4.26 bp | doesn't fit | 119.4 bp −$1,194 | 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 | −0.0488% | 4h | 0.06962 | −0.444% | $201K | $118K | — | |
| Bybit SKYUSDT | −0.0130% | 4h | 0.06934 | −0.844% | $7.4M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.560% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDTlong | +0.0080% | 4h | 0.06993 | long leg | $596K | $29K | 75x | |
| Lighter SKY | +0.0096% | 1h | 0.06955 | −0.539% | $182K | $181K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06970 | −0.329% | $70K | $28K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06960 | −0.476% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06944 | −0.701% | $15.9M | $11.1M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06941 | −0.744% | $833K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06941 | −0.744% | $590K | $268K | 50x | 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_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06960 | −0.472% | $1.0M | $269K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06963 | −0.429% | $411K | $294K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06939 | −0.772% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06949 | −0.629% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06970 | −0.329% | $24K | $678K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06966 | −0.390% | $934 | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0255% | 1h | 0.06960 | −0.476% | $2.9M | $913K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0525% / S −0.0248% | 1h | 0.06967 | −0.379% | $83K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]