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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SKY | 0.07052 | −0.0641 | get 0.0320% / 4h | 3h 55m | $193K | $104K | — |
| Short | ApeX Omni SKYUSDT | 0.07055 | 0.0100 | get 0.0013% / 1h | 55m 21s | $22K | $680K | 50x |
Variational Omni SKY
ApeX Omni SKYUSDTFunding 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 19 min ago | 3.55 bp | doesn't fit | 348.9 bp −$3,489 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 18 min ago | 6.39 bp | 16.9 bp −$17 | 108.1 bp −$1,081 | 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 SKYlong | −0.0641% | 4h | 0.07052 | long leg | $193K | $104K | — | |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +1.701% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0045% | 1h | 0.07054 | +0.031% | $68K | $26K | 5x | as long as short |
| Bybit SKYUSDT | +0.0076% | 4h | 0.07047 | −0.072% | $7.6M | $3.3M | 25x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07063 | +0.154% | $191K | $161K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07057 | +0.072% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07053 | +0.013% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07047 | −0.072% | $849K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07048 | −0.057% | $600K | $253K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07053 | +0.013% | $1.1M | $281K | 100x | as long as short |
Injective SKY/USDC PERP
Nado SKY-PERP
Bybit SKYUSDT
Lighter SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
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 | 0.07041 | −0.157% | $420K | $290K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07053 | +0.013% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07049 | −0.043% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTshort | +0.0100% | 1h | 0.07055 | +0.042% | $22K | $680K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07054 | +0.035% | $1K | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.0132% | 1h | 0.07064 | +0.168% | $3.0M | $895K | 3x | as long as short |
| BloFin SKY-USDT | +0.0138% | 4h | 0.07049 | −0.043% | $586K | $29K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0527% / S −0.0248% | 1h | 0.07052 | −0.005% | $84K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]