Funding you earn now, next payment 06:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h +0.077%
Price spread now: Lighter against Variational Omni+0.063%7-day average +0.107% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.063%, 7d avg +0.107%
=Together, before fees−0.083%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.045% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.063% now, against its 7-day average of +0.107%). If the spread goes back, that is −$4 on $10k: about 5.6 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.086% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SKY | 0.06807 | 0.0069 | pay 0.0035% / 4h | 2h 34m | $182K | $113K | — |
| Short | Lighter SKY | 0.06811 | 0.0096 | get 0.0012% / 1h | 34m 44s | $178K | $118K | 10x |
Variational Omni SKY
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $5.59
- Price spread: +0.063% → +0.107%
- −$4.45
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.14
- Costs to cover
- 0.000%
- Break-even
- 5.6 days
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; Lighter: live order book, 60 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, 14 min ago | 5.82 bp | doesn't fit | 288.0 bp −$2,880 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 60 min ago | 12.97 bp | 13.2 bp −$13 | 104.3 bp −$1,043 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +1.264% | $376 | $303K | 12x | as long as short |
| Variational Omni SKYlong | +0.0069% | 4h | 0.06807 | long leg | $182K | $113K | — | |
| BloFin SKY-USDT | +0.0094% | 4h | 0.06827 | +0.295% | $586K | $29K | 75x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.06811 | +0.063% | $178K | $118K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06824 | +0.251% | $72K | $33K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06824 | +0.246% | $2.8M | $903K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06815 | +0.125% | $42K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06809 | +0.030% | $15.5M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06806 | −0.014% | $7.1M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06804 | −0.043% | $803K | $1.1M | 20x | as long as short |
Injective SKY/USDC PERP
BloFin SKY-USDT
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | +0.0100% | 4h | 0.06813 | +0.089% | $579K | $287K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06810 | +0.045% | $998K | $266K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06815 | +0.118% | $399K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06810 | +0.045% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06816 | +0.133% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06810 | +0.045% | $27K | $650K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06828 | +0.309% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0521% / S −0.0248% | 1h | 0.06827 | +0.289% | $81K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]