Funding you earn now, next payment 04:00 UTC+0.0725%/8h= +79.4% APRnext payment +$3.62 per $10,000 · paid last 24h +0.065%
Price spread now: MEXC against Variational Omni+0.187%7-day average +0.094% · 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)−0.315%−$31 · spread now +0.187%, 7d avg +0.094%
=Together, before fees−0.238%+ Points / potential airdropVariational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and MEXC is 0.092% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.094%.
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 +$3.62 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 | 0.07014 | −0.0625 | get 0.0312% / 4h | 3h 32m | $201K | $127K | — |
| Short | MEXC SKY_USDT | 0.07027 | 0.0100 | get 0.0050% / 4h | 3h 32m | $1.0M | $283K | 100x |
Variational Omni SKY
MEXC SKY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $152.25
- Price spread: +0.187% → +0.094%
- $9.21
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $157.46
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; MEXC: live order book, 4 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, 42 min ago | 3.55 bp | doesn't fit | 348.9 bp −$3,489 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.71 bp | 10.9 bp −$11 | 81.4 bp −$814 | 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 | −0.0625% | 4h | 0.07014 | long leg | $201K | $127K | — | |
| Bybit SKYUSDT | −0.0315% | 4h | 0.07026 | +0.172% | $7.6M | $3.5M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +2.254% | $392 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0048% | 4h | 0.07043 | +0.415% | $599K | $30K | 75x | as long as short |
| Nado SKY-PERP | +0.0075% | 1h | 0.07024 | +0.144% | $68K | $27K | 5x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07037 | +0.325% | $190K | $170K | 10x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.07035 | +0.303% | $2.9M | $899K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07038 | +0.336% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07031 | +0.244% | $16.2M | $10.8M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07023 | +0.130% | $842K | $1.3M | 20x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
BloFin SKY-USDT
Nado SKY-PERP
Lighter SKY
Hyperliquid SKY
Aster SKYUSDT
Binance 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 | 0.07026 | +0.172% | $590K | $264K | 50x | as long as short |
| MEXC SKY_USDTshort | +0.0100% | 4h | 0.07027 | +0.187% | $1.0M | $283K | 100x | |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07022 | +0.115% | $411K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07031 | +0.244% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07030 | +0.229% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07029 | +0.215% | $24K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07031 | +0.244% | $943 | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07031 | +0.244% | $83K | — | 50x | as long as short |
Gate SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]