Funding you earn now, next payment 01:00 UTC−0.0700%/8h= −76.7% APRpaid last 24h −0.062%
Price spread now: Variational Omni against Nado−0.144%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropNado: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Variational Omni is 0.144% cheaper against Nado than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SKY-PERP | 0.07024 | 0.0075 | pay 0.0009% / 1h | 31m 46s | $68K | $27K | 5x |
| Short | Variational Omni SKY | 0.07014 | −0.0625 | pay 0.0312% / 4h | 3h 31m | $201K | $127K | — |
Nado SKY-PERP
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Nado. 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
- −$147.01
- Price spread: −0.144% → 0.000%
- −$14.36
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$168.37
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; Variational Omni: RFQ quote, 42 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 Nado no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 42 min ago | 3.55 bp | doesn't fit | 171.3 bp −$1,713 | doesn't fit | doesn't fit |
Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKYshort | −0.0625% | 4h | 0.07014 | −0.144% | $201K | $127K | — | |
| Bybit SKYUSDT | −0.0315% | 4h | 0.07027 | +0.043% | $7.6M | $3.5M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.107% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0048% | 4h | 0.07043 | +0.271% | $599K | $30K | 75x | as long as short |
| Nado SKY-PERPlong | +0.0075% | 1h | 0.07024 | long leg | $68K | $27K | 5x | |
| Lighter SKY | +0.0096% | 1h | 0.07037 | +0.185% | $190K | $171K | 10x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.07043 | +0.272% | $2.9M | $899K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07033 | +0.126% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07038 | +0.199% | $16.2M | $10.8M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07032 | +0.114% | $843K | $1.3M | 20x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | +0.0100% | 4h | 0.07025 | +0.014% | $590K | $264K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07031 | +0.100% | $1.0M | $283K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07023 | −0.014% | $411K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07035 | +0.157% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07030 | +0.085% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07029 | +0.071% | $24K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07031 | +0.100% | $943 | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07031 | +0.100% | $83K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]