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 01:00 UTC+0.0741%/8h= +81.1% APRpaid last 24h +0.029%
Price spread now: ApeX Omni against Variational Omni+0.042%7-day average +0.111% · you sell dearer than you buy
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 3 days (all we have)+0.043%+$4 on $10k
Price spread, last 3 days (all we have)+0.054%+$5 · spread now +0.042%, 7d avg +0.111%
Together, before fees+0.097%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.069% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.111%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$22 a day). At the pace of the last 3 days (+0.043% in total) that is about 5.4 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.043% in total (about 4.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKY0.07052−0.0641get 0.0320% / 4h3h 55m$193K$104K
ShortApeX Omni SKYUSDT0.070550.0100get 0.0013% / 1h55m 21s$22K$680K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Variational Omni. 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
$155.58
Price spread: +0.042% → +0.111%
−$6.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$138.65
Costs to cover
0.100%
Break-even
0.8 days
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; ApeX Omni: live order book, 18 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 Variational Omni RFQ quote, 19 min ago3.55 bpdoesn't fit348.9 bp −$3,489doesn't fitdoesn't fit
Sell ApeX Omni live order book, 18 min ago6.39 bp16.9 bp −$17108.1 bp −$1,081doesn't fitdoesn't fit

SKY on 18 venues

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 SKYlong−0.0641%4h0.07052long leg$193K$104K
Injective SKY/USDC PERP+0.0033%1h0.07172+1.701%$392$303K12xas long as short
Nado SKY-PERP+0.0045%1h0.07054+0.031%$68K$26K5xas long as short
Bybit SKYUSDT+0.0076%4h0.07047−0.072%$7.6M$3.3M25xas long as short
Lighter SKY+0.0096%1h0.07063+0.154%$191K$161K10xas long as short
Aster SKYUSDT+0.0100%4h0.07057+0.072%$42K$43K20xas long as short
Binance SKYUSDT+0.0100%4h0.07053+0.013%$16.0M$10.2M75xas long as short
OKX SKY-USDT-SWAP+0.0100%4h0.07047−0.072%$849K$1.3M20xas long as short
Gate SKY_USDT+0.0100%4h0.07048−0.057%$600K$253K50xas long as short
MEXC SKY_USDT+0.0100%4h0.07053+0.013%$1.1M$281K100xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKYUSDTM+0.0100%4h0.07041−0.157%$420K$290K50xas long as short
Bitget SKYUSDT+0.0100%4h0.07053+0.013%$2.9M$1.6M75xas long as short
BingX SKY-USDT+0.0100%4h0.07049−0.043%$2.4Mas long as short
ApeX Omni SKYUSDTshort+0.0100%1h0.07055+0.042%$22K$680K50x
Orderly PERP_SKY_USDC_mythos+0.0100%4h0.07054+0.035%$1K$2K10xas long as short
Hyperliquid SKY+0.0132%1h0.07064+0.168%$3.0M$895K3xas long as short
BloFin SKY-USDT+0.0138%4h0.07049−0.043%$586K$29K75xas long as short
GMX SKY/USD [ETH-USDC]L +0.0527% / S −0.0248%1h0.07052−0.005%$84K50xas long as short