Funding you earn now, next payment 04:00 UTC+0.0741%/8h= +81.1% APRnext payment +$3.70 per $10,000 · paid last 24h +0.029%
Price spread now: OKX against Variational Omni+0.056%7-day average +0.007% · 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)−0.346%−$35 · spread now +0.056%, 7d avg +0.007%
=Together, before fees−0.306%+ Points / potential airdropVariational Omni: Active · farm board−$31 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 OKX is 0.049% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.007%.
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 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.70 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 | 0.07052 | −0.0641 | get 0.0320% / 4h | 3h 55m | $193K | $104K | — |
| Short | OKX SKY-USDT-SWAP | 0.07056 | 0.0100 | get 0.0050% / 4h | 3h 55m | $849K | $1.3M | 20x |
Variational Omni SKY
OKX SKY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.056% → +0.007%
- $4.91
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $150.48
- Costs to cover
- 0.100%
- Break-even
- 0.2 days
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.83 bp | 36.5 bp −$37 | 457.1 bp −$4,571 | 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 | 0.07057 | +0.072% | $191K | $161K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07055 | +0.048% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07056 | +0.055% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAPshort | +0.0100% | 4h | 0.07056 | +0.056% | $849K | $1.3M | 20x | |
| Gate SKY_USDT | +0.0100% | 4h | 0.07047 | −0.072% | $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
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 | 0.07042 | −0.142% | $420K | $290K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07057 | +0.070% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07059 | +0.099% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07055 | +0.042% | $22K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07054 | +0.035% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0107% | 4h | 0.07063 | +0.155% | $587K | $30K | 75x | as long as short |
| Hyperliquid SKY | +0.0165% | 1h | 0.07068 | +0.225% | $3.0M | $895K | 3x | 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
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]