Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.067%
Price spread now: Variational Omni against Injective−1.383%106s7-day average −0.232% · 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)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+1.673%+$167 · spread now −1.383%, 7d avg −0.232%
=Together, before fees+1.640%+ Points / potential airdropVariational Omni: Active · farm board+$164 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 1.151% cheaper against Injective than usual: you would sell low and buy high (spread −1.383% now, against its 7-day average of −0.232%). If the spread goes back, that is −$115 on $10k: about 58 days of funding at the current rate (+$2 a day). The two prices were read 106 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 | Injective SKY/USDC PERP | 0.06893 | 0.0033 | pay 0.0004% / 1h | 39m 21s | $376 | $303K | 12x |
| Short | Variational Omni SKY | 0.06798 | 0.0100 | get 0.0050% / 4h | 39m 21s | $182K | $98K | — |
Injective SKY/USDC PERP
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $14
- Price spread: −1.383% → −0.232%
- −$115.1
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$101.12
- Costs to cover
- 0.000%
- Break-even
- 57.6 days
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 65 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 Injective no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 65 min ago | 4.37 bp | doesn't fit | 169.0 bp −$1,690 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERPlong | +0.0033% | 1h | 0.06893 | long leg | $376 | $303K | 12x | |
| Lighter SKY | +0.0096% | 1h | 0.06797 | −1.393% | $179K | $107K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06793 | −1.443% | $69K | $32K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06803 | −1.312% | $41K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06795 | −1.421% | $15.4M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06796 | −1.407% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06796 | −1.407% | $793K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06786 | −1.552% | $575K | $290K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06797 | −1.393% | $1.0M | $271K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06802 | −1.320% | $398K | $292K | 50x | as long as short |
Lighter SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.06799 | −1.364% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06797 | −1.393% | — | $2.4M | — | as long as short |
| Variational Omni SKYshort | +0.0100% | 4h | 0.06798 | −1.383% | $182K | $98K | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06810 | −1.204% | $26K | $647K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06801 | −1.329% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0115% | 4h | 0.06813 | −1.161% | $578K | $28K | 75x | as long as short |
| Hyperliquid SKY | +0.0201% | 1h | 0.06811 | −1.188% | $2.8M | $865K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0520% / S −0.0248% | 1h | 0.06802 | −1.325% | $81K | — | 50x | as long as short |
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]