Funding you earn now, next payment 23:00 UTC−0.1065%/8h= −116.7% APRpaid last 24h −0.147%
Price spread now: Variational Omni against GMX+0.004%50s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$32 a day on $10k at the current rate. The two prices were read 50 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 | GMX SKY/USD [ETH-USDC] | 0.07089 | L +0.0528% / S −0.0248% | pay 0.0066% / 1h | 18m 27s | $84K | — | 50x |
| Short | Variational Omni SKY | 0.07089 | −0.0538 | pay 0.0269% / 4h | 1h 18m | $195K | $104K | — |
GMX SKY/USD [ETH-USDC]
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- −$223.72
- Price spread: +0.004% → 0.000%
- $0.44
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$235.28
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 1 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 5.65 bp | doesn't fit | 152.5 bp −$1,525 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0538% | 4h | 0.07089 | +0.004% | $195K | $104K | — | |
| Bybit SKYUSDT | −0.0278% | 4h | 0.07077 | −0.166% | $7.7M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +1.174% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0071% | 1h | 0.07086 | −0.032% | $70K | $26K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07092 | +0.049% | $186K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07092 | +0.041% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07087 | −0.025% | $16.1M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07083 | −0.082% | $853K | $1.4M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07101 | +0.172% | $607K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07087 | −0.025% | $1.1M | $289K | 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 | 0.07096 | +0.102% | $428K | $288K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07089 | +0.003% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07086 | −0.039% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07106 | +0.243% | $20K | $684K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07094 | +0.071% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0131% | 4h | 0.07090 | +0.017% | $595K | $30K | 75x | as long as short |
| Hyperliquid SKY | +0.0285% | 1h | 0.07099 | +0.144% | $3.0M | $930K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC]long | L +0.0528% / S −0.0248% | 1h | 0.07089 | long leg | $84K | — | 50x |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY