Funding you earn now, next payment 00:00 UTC−0.0638%/8h= −69.8% APRnext payment −$3.19 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against OKX+0.086%7-day average −0.005% · you sell dearer than you buy
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)+0.190%+$19 · spread now +0.086%, 7d avg −0.005%
=Together, before fees+0.150%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.091% dearer against OKX than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.005%): +$9 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 3 days (−0.039% in total) that is about 7.6 days.
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 −$3.19 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 | OKX SKY-USDT-SWAP | 0.07083 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $853K | $1.4M | 20x |
| Short | Variational Omni SKY | 0.07089 | −0.0538 | pay 0.0269% / 4h | 1h 17m | $195K | $104K | — |
OKX SKY-USDT-SWAP
Variational Omni SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$133.95
- Price spread: +0.086% → −0.005%
- $9.13
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$134.82
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Variational Omni: RFQ quote, 1 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 OKX live order book, 4 min ago | 0.70 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 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 | −0.0538% | 4h | 0.07089 | +0.086% | $195K | $104K | — | |
| Bybit SKYUSDT | −0.0278% | 4h | 0.07076 | −0.099% | $7.7M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +1.257% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0071% | 1h | 0.07086 | +0.049% | $70K | $26K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07089 | +0.092% | $186K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07088 | +0.073% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07088 | +0.068% | $16.1M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAPlong | +0.0100% | 4h | 0.07083 | long leg | $853K | $1.4M | 20x | |
| Gate SKY_USDT | +0.0100% | 4h | 0.07080 | −0.042% | $605K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07088 | +0.071% | $1.1M | $289K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07092 | +0.127% | $428K | $288K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07089 | +0.085% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07083 | 0.000% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07106 | +0.325% | $20K | $684K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07089 | +0.092% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0131% | 4h | 0.07090 | +0.099% | $595K | $30K | 75x | as long as short |
| Hyperliquid SKY | +0.0287% | 1h | 0.07100 | +0.246% | $3.0M | $930K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0527% / S −0.0248% | 1h | 0.07088 | +0.066% | $84K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]