Funding you earn now, next payment 00:00 UTC−0.0735%/8h= −80.4% APRnext payment −$3.67 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against KuCoin−0.267%7-day average −0.007% · 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)−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)+0.780%+$78 · spread now −0.267%, 7d avg −0.007%
=Together, before fees+0.741%+ Points / potential airdropVariational Omni: Active · farm board+$74 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Variational Omni is 0.260% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
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 −$3.67 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 | KuCoin SKYUSDTM | 0.07090 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $427K | $289K | 50x |
| Short | Variational Omni SKY | 0.07071 | −0.0635 | pay 0.0317% / 4h | 1h 05m | $194K | $104K | — |
KuCoin SKYUSDTM
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$154.25
- Price spread: −0.267% → −0.007%
- −$26.03
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$192.28
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 67 min ago; Variational Omni: RFQ quote, 14 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 KuCoin live order book, 67 min ago | 37.53 bp | 254.0 bp −$254 | 834.1 bp −$8,341 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 14 min ago | 5.65 bp | doesn't fit | 152.5 bp −$1,525 | 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 | −0.0635% | 4h | 0.07071 | −0.267% | $194K | $104K | — | |
| Bybit SKYUSDT | −0.0267% | 4h | 0.07086 | −0.056% | $7.7M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +1.157% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0066% | 1h | 0.07101 | +0.155% | $70K | $26K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07096 | +0.083% | $186K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07096 | +0.091% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07104 | +0.199% | $16.2M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07097 | +0.099% | $853K | $1.4M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07083 | −0.099% | $605K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07103 | +0.183% | $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 SKYUSDTMlong | +0.0100% | 4h | 0.07090 | long leg | $427K | $289K | 50x | |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07101 | +0.155% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07100 | +0.141% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07083 | −0.099% | $20K | $684K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07099 | +0.130% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0147% | 4h | 0.07076 | −0.197% | $591K | $29K | 75x | as long as short |
| Hyperliquid SKY | +0.0311% | 1h | 0.07113 | +0.324% | $3.0M | $928K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0528% / S −0.0248% | 1h | 0.07103 | +0.185% | $84K | — | 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]