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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SKY_USDT | 0.06751 | 0.0100 | pay 0.0050% / 4h | 1h 54m | $992K | $247K | 100x |
| Short | Variational Omni SKY | 0.06744 | −0.0369 | pay 0.0185% / 4h | 1h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 53 min ago | 0.74 bp | 8.3 bp −$8 | 53.4 bp −$534 | 279.4 bp −$27.9K | doesn't fit |
| Sell Variational Omni RFQ quote, 57 min ago | 7.39 bp | doesn't fit | 204.0 bp −$2,040 | 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 | −0.0369% | 4h | 0.06744 | −0.100% | $180K | $83K | — | |
| Bybit SKYUSDT | −0.0271% | 4h | 0.06745 | −0.089% | $7.0M | $3.2M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +2.103% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0048% | 4h | 0.06750 | −0.015% | $573K | $32K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06753 | +0.028% | $178K | $101K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06752 | +0.007% | $68K | $35K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06759 | +0.119% | $42K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06752 | +0.015% | $15.0M | $10.7M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06748 | −0.044% | $788K | $1.0M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06755 | +0.059% | $572K | $259K | 50x | as long as short |
Show all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDTlong | +0.0100% | 4h | 0.06751 | long leg | $992K | $247K | 100x | |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06763 | +0.178% | $399K | $274K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06752 | +0.015% | $2.8M | $1.3M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06751 | 0.000% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06769 | +0.267% | $34K | $648K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06754 | +0.046% | $1K | $4K | 10x | as long as short |
| Hyperliquid SKY | +0.0207% | 1h | 0.06764 | +0.185% | $2.8M | $785K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0516% / S −0.0249% | 1h | 0.06752 | +0.018% | $80K | — | 50x | as long as short |
MEXC SKY_USDT
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]