Funding you earn now, next payment 00:00 UTC+0.0663%/8h= +72.6% APRnext payment +$3.31 per $10,000 · paid last 24h +0.029%
Price spread now: BingX against Variational Omni+0.174%7-day average +0.048% · 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)−0.424%−$42 · spread now +0.174%, 7d avg +0.048%
=Together, before fees−0.384%+ Points / potential airdropVariational Omni: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.126% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.048%.
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 +$3.31 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 | 0.07114 | −0.0563 | get 0.0281% / 4h | 50m 18s | $195K | $104K | — |
| Short | BingX SKY-USDT | 0.07126 | 0.0100 | get 0.0050% / 4h | 50m 18s | — | $2.4M | — |
Variational Omni SKY
BingX SKY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $139.19
- Price spread: +0.174% → +0.048%
- $12.58
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $141.78
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; BingX: live order book, 9 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, 29 min ago | 5.65 bp | doesn't fit | 283.9 bp −$2,839 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 3.52 bp | 17.2 bp −$17 | 58.7 bp −$587 | 231.0 bp −$23.1K | 825.2 bp −$412.6K |
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 | −0.0563% | 4h | 0.07114 | long leg | $195K | $104K | — | |
| Bybit SKYUSDT | −0.0166% | 4h | 0.07122 | +0.118% | $7.7M | $3.4M | 25x | as long as short |
| BloFin SKY-USDT | +0.0043% | 4h | 0.07136 | +0.315% | $592K | $29K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07128 | +0.206% | $187K | $155K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.07128 | +0.199% | $71K | $26K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.07140 | +0.365% | $3.0M | $926K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07133 | +0.266% | $43K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07130 | +0.225% | $16.2M | $10.4M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07124 | +0.146% | $858K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07120 | +0.090% | $607K | $255K | 50x | as long as short |
Bybit SKYUSDT
BloFin SKY-USDT
Lighter SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07131 | +0.244% | $1.1M | $285K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07116 | +0.034% | $427K | $290K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07130 | +0.230% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDTshort | +0.0100% | 4h | 0.07126 | +0.174% | — | $2.4M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07131 | +0.244% | $20K | $682K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07130 | +0.226% | $1K | $2K | 10x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +0.821% | $392 | $303K | 12x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0529% / S −0.0248% | 1h | 0.07126 | +0.181% | $84K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Injective SKY/USDC PERP
GMX SKY/USD [ETH-USDC]