Funding you earn now, next payment 16:00 UTC+0.0205%/8h= +22.4% APRnext payment +$2.05 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit+0.213%7-day average +0.003% · 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)−0.007%−$1 on $10k
+Price spread, last 7 days−0.254%−$25 · spread now +0.213%, 7d avg +0.003%
=Together, before fees−0.261%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Variational Omni is 0.211% dearer against Bybit than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.003%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.007% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.05 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 | Bybit SKHYUSDT | 184.76 | −0.0205 | get 0.0205% / 8h | 7h 36m | $16.3M | $32.5M | 100x |
| Short | Variational Omni SKHY | 185.15 | 0 | get 0.0000% / 8h | 7h 36m | $1.6M | $1.0M | — |
Bybit SKHYUSDT
Variational Omni SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- $43.04
- Price spread: +0.213% → +0.003%
- $21.06
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $53.1
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 Bybit live order book, 2 min ago | 0.27 bp | 7.5 bp −$8 | 12.6 bp −$126 | 62.7 bp −$6,274 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.27 bp | doesn't fit | 5.0 bp −$50 | doesn't fit | doesn't fit |
SKHY on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1247% | 8h | 184.89 | +0.070% | $25.5M | $34.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0952% | 4h | 184.87 | +0.061% | $557K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0445% | 8h | 184.94 | +0.099% | $22K | $243K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0224% | 8h | 184.89 | +0.070% | $1.1M | $365K | 20x | as long as short |
| Bybit SKHYUSDTlong | −0.0205% | 8h | 184.76 | long leg | $16.3M | $32.5M | 100x | |
| tradeXYZ xyz:SKHY | −0.0133% | 1h | 184.78 | +0.011% | $156.9M | $77.7M | 10x | as long as short |
| Nado SKHY-PERP | −0.0096% | 1h | 184.97 | +0.116% | $33K | $28K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0067% | 1h | 184.93 | +0.092% | $514K | $2.6M | 10x | as long as short |
| Binance SKHYUSDT | −0.0030% | 8h | 184.85 | +0.047% | $197.6M | $461.3M | 50x | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 184.98 | +0.119% | $1.2M | $4.3M | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Ondo Perps SKHY-USD.P
Binance SKHYUSDT
QFEX SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | −0.0024% | 1h | 184.95 | +0.104% | $54K | $7K | 10x | as long as short |
| HTX SKHY-USDT | −0.0007% | 8h | 184.89 | +0.070% | $153K | $370K | 50x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 184.94 | +0.097% | $229K | $951K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.70 | −0.032% | $43.8M | $81.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.86 | +0.054% | $25.8M | $21.2M | 75x | as long as short |
| Variational Omni SKHYshort | 0.0000% | 8h | 185.15 | +0.213% | $1.6M | $1.0M | — | |
| SunX SKHY-USDT | 0.0000% | 8h | 185.28 | +0.281% | $678 | $5.9M | 10x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 185.02 | +0.141% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 184.77 | +0.005% | $984K | $1.3M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0008% | 1h | 185.01 | +0.135% | $201K | $288K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +1.526% | $68K | $784K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 184.72 | −0.022% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 184.93 | +0.092% | $59K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.88 | +0.065% | — | $34K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.95 | +0.103% | $179K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.92 | +0.087% | $41K | $12K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0074% | 1h | 185.04 | +0.152% | $47K | $353K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0092% | 8h | 184.98 | +0.119% | $2.1M | $437K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.96 | +0.108% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 185.07 | +0.170% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 185.14 | +0.206% | $207K | $123K | 10x | as long as short |
Extended SKHY-USD
HTX SKHY-USDT
Aster SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
Orderly PERP_SKHY_USDC_mythos
Kraken Futures PF_SKHYUSD
Phoenix SKHY