Funding you earn now, next payment 00:00 UTC+0.0615%/8h= +67.3% APRnext payment +$3.07 per $10,000 · paid last 24h +0.029%
Price spread now: Orderly against Variational Omni+0.223%48s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Orderly is 0.223% dearer against Variational Omni than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SKY | 0.07124 | −0.0515 | get 0.0257% / 4h | 1h 27m | $196K | $104K | — |
| Short | Orderly PERP_SKY_USDC_mythos | 0.07140 | 0.0100 | get 0.0050% / 4h | 1h 27m | $692 | $2K | 10x |
Variational Omni SKY
Orderly PERP_SKY_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $129.1
- Price spread: +0.223% → 0.000%
- $22.31
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $145.41
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; Orderly: no order-book sample. 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, 57 min ago | 5.55 bp | doesn't fit | 297.2 bp −$2,972 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0515% | 4h | 0.07124 | long leg | $196K | $104K | — | |
| Bybit SKYUSDT | −0.0224% | 4h | 0.07124 | −0.002% | $7.8M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +0.672% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0065% | 1h | 0.07133 | +0.121% | $71K | $25K | 5x | as long as short |
| BloFin SKY-USDT | +0.0081% | 4h | 0.07144 | +0.279% | $602K | $30K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07136 | +0.167% | $187K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07136 | +0.170% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07136 | +0.174% | $16.4M | $9.7M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07125 | +0.012% | $854K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07125 | +0.012% | $612K | $254K | 50x | as long as short |
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
BloFin SKY-USDT
Lighter 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 | 0.07134 | +0.139% | $1.1M | $288K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07135 | +0.153% | $435K | $283K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07134 | +0.139% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07129 | +0.069% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07146 | +0.307% | $20K | $684K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythosshort | +0.0100% | 4h | 0.07140 | +0.223% | $692 | $2K | 10x | |
| Hyperliquid SKY | +0.0324% | 1h | 0.07144 | +0.286% | $3.0M | $907K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0531% / S −0.0248% | 1h | 0.07138 | +0.196% | $85K | — | 50x | as long as short |
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]