Settings8H · net · $10k
Funding arb · Price arb /

SKY

all SKY markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0469%/8h= −51.4% APRnext payment $2.35 per $10,000 · paid last 24h −0.078%
Price spread now: Variational Omni against MEXC−0.100%7-day average −0.094% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.089%−$9 on $10k
Price spread, last 4 days (all we have)+0.378%+$38 · spread now −0.100%, 7d avg −0.094%
Together, before fees+0.290%+ Points / potential airdropVariational Omni: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.094%, 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 -0.089% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.35 per $10,000. 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SKY_USDT0.067510.0100pay 0.0050% / 4h1h 54m$992K$247K100x
ShortVariational Omni SKY0.06744−0.0369pay 0.0185% / 4h1h 54m$180K$83K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$98.51
Price spread: −0.100% → −0.094%
−$0.56
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$103.07
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 53 min ago; Variational Omni: RFQ quote, 57 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 53 min ago0.74 bp8.3 bp −$853.4 bp −$534279.4 bp −$27.9Kdoesn't fit
Sell Variational Omni RFQ quote, 57 min ago7.39 bpdoesn't fit204.0 bp −$2,040doesn't fitdoesn't fit

SKY on 18 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKYshort−0.0369%4h0.06744−0.100%$180K$83K
Bybit SKYUSDT−0.0271%4h0.06745−0.089%$7.0M$3.2M25xas long as short
Injective SKY/USDC PERP+0.0033%1h0.06893+2.103%$376$303K12xas long as short
BloFin SKY-USDT+0.0048%4h0.06750−0.015%$573K$32K75xas long as short
Lighter SKY+0.0096%1h0.06753+0.028%$178K$101K10xas long as short
Nado SKY-PERP+0.0100%1h0.06752+0.007%$68K$35K5xas long as short
Aster SKYUSDT+0.0100%4h0.06759+0.119%$42K$36K20xas long as short
Binance SKYUSDT+0.0100%4h0.06752+0.015%$15.0M$10.7M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.06748−0.044%$788K$1.0M20xas long as short
Gate SKY_USDT+0.0100%4h0.06755+0.059%$572K$259K50xas long as short
Show all 18 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKY_USDTlong+0.0100%4h0.06751long leg$992K$247K100x
KuCoin SKYUSDTM+0.0100%4h0.06763+0.178%$399K$274K50xas long as short
Bitget SKYUSDT+0.0100%4h0.06752+0.015%$2.8M$1.3M75xas long as short
BingX SKY-USDT+0.0100%4h0.067510.000%$2.5Mas long as short
ApeX Omni SKYUSDT+0.0100%1h0.06769+0.267%$34K$648K50xas long as short
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.06754+0.046%$1K$4K10xas long as short
Hyperliquid SKY+0.0207%1h0.06764+0.185%$2.8M$785K3xas long as short
GMX SKY/USD [ETH-USDC]L +0.0516% / S −0.0249%1h0.06752+0.018%$80K50xas long as short