Funding you earn now, next payment 11:00 UTC−0.0466%/8h= −51.0% APRpaid last 24h −0.077%
Price spread now: Variational Omni against Lighter−0.113%7-day average −0.104% · 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)−0.087%−$9 on $10k
+Price spread, last 4 days (all we have)+0.270%+$27 · spread now −0.113%, 7d avg −0.104%
=Together, before fees+0.183%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.104%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.087% in total (about -8.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKY | 0.06707 | 0.0096 | pay 0.0012% / 1h | 28m 09s | $177K | $101K | 10x |
| Short | Variational Omni SKY | 0.06699 | −0.0370 | pay 0.0185% / 4h | 1h 28m | $179K | $83K | — |
Lighter SKY
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- −$97.85
- Price spread: −0.113% → −0.104%
- −$0.91
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$98.76
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 8 min ago; Variational Omni: RFQ quote, 19 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 Lighter live order book, 8 min ago | 12.21 bp | 13.3 bp −$13 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 19 min ago | 5.20 bp | doesn't fit | 283.0 bp −$2,830 | doesn't fit | doesn't fit |
SKY on 18 exchanges
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 | −0.0370% | 4h | 0.06699 | −0.113% | $179K | $83K | — | |
| Bybit SKYUSDT | −0.0161% | 4h | 0.06705 | −0.030% | $6.9M | $3.2M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +2.773% | $376 | $303K | 12x | as long as short |
| Lighter SKYlong | +0.0096% | 1h | 0.06707 | long leg | $177K | $101K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06706 | −0.022% | $67K | $35K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06717 | +0.143% | $2.8M | $791K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06706 | −0.011% | $41K | $37K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06710 | +0.041% | $14.9M | $10.7M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06701 | −0.089% | $779K | $1.0M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06702 | −0.075% | $568K | $262K | 50x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06709 | +0.030% | $1.2M | $274K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06709 | +0.030% | $391K | $276K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06710 | +0.045% | $2.7M | $1.3M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06705 | −0.030% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06714 | +0.104% | $34K | $651K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06707 | +0.004% | $1K | $4K | 10x | as long as short |
| BloFin SKY-USDT | +0.0148% | 4h | 0.06714 | +0.104% | $573K | $32K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0515% / S −0.0249% | 1h | 0.06706 | −0.010% | $80K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]