Funding you earn now, next payment 04:00 UTC+0.0698%/8h= +76.5% APRnext payment +$3.49 per $10,000 · paid last 24h +0.065%
Price spread now: Binance against Variational Omni+0.066%7-day average +0.096% · 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)+0.076%+$8 on $10k
+Price spread, last 3 days (all we have)−0.195%−$20 · spread now +0.066%, 7d avg +0.096%
=Together, before fees−0.119%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.030% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.066% now, against its 7-day average of +0.096%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$21 a day). At the pace of the last 3 days (+0.076% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.076% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.49 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 | Variational Omni SKY | 0.07028 | −0.0598 | get 0.0299% / 4h | 3h 08m | $202K | $118K | — |
| Short | Binance SKYUSDT | 0.07033 | 0.0100 | get 0.0050% / 4h | 3h 08m | $16.2M | $10.9M | 75x |
Variational Omni SKY
Binance SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $146.62
- Price spread: +0.066% → +0.096%
- −$2.97
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $133.65
- Costs to cover
- 0.100%
- Break-even
- 0.6 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 2 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, 1 min ago | 4.26 bp | doesn't fit | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.42 bp | 18.2 bp −$18 | 62.5 bp −$625 | 322.2 bp −$32.2K | 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 | −0.0598% | 4h | 0.07028 | long leg | $202K | $118K | — | |
| Bybit SKYUSDT | −0.0281% | 4h | 0.07028 | −0.005% | $7.5M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.044% | $392 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07041 | +0.182% | $190K | $171K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07037 | +0.120% | $71K | $28K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07036 | +0.109% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDTshort | +0.0100% | 4h | 0.07033 | +0.066% | $16.2M | $10.9M | 75x | |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07028 | −0.005% | $846K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07034 | +0.081% | $591K | $266K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07031 | +0.038% | $1.0M | $286K | 100x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Aster 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 | 0.07038 | +0.137% | $413K | $293K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07036 | +0.109% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07030 | +0.024% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07035 | +0.095% | $24K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07033 | +0.062% | $943 | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0104% | 4h | 0.07036 | +0.109% | $597K | $30K | 75x | as long as short |
| Hyperliquid SKY | +0.0138% | 1h | 0.07044 | +0.230% | $2.9M | $903K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07032 | +0.052% | $83K | — | 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]