Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Deribit−0.015%7-day average −0.020% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.015%, 7d avg −0.020%
=Together, before fees+0.017%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 188.83 | −0.0068 | get 0.0008% / 1h | 45m 30s | $48K | $334K | 10x |
| Short | Variational Omni SKHY | 188.80 | 0 | get 0.0000% / 8h | 2h 45m | $1.6M | $986K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $14.21
- Price spread: −0.015% → −0.020%
- $0.48
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $7.69
- Costs to cover
- 0.070%
- Break-even
- 3.2 days
Slippage unknown: Deribit: live order book, 3 min ago; Variational Omni: RFQ quote, 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 Deribit live order book, 3 min ago | 10.33 bp | 14.8 bp −$15 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.22 bp | doesn't fit | 4.6 bp −$46 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0700% | 4h | 188.57 | −0.136% | $568K | $292K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0534% | 8h | 189.01 | +0.095% | $24.4M | $29.7M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | −0.0068% | 1h | 188.83 | long leg | $48K | $334K | 10x | |
| Nado SKHY-PERP | −0.0056% | 1h | 188.93 | +0.053% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 188.72 | −0.058% | $46K | $882K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.88 | +0.026% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 188.81 | −0.011% | $1.0M | $741K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0003% | 1h | 188.87 | +0.021% | $158.4M | $70.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.94 | +0.060% | $243K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.87 | +0.022% | $55K | $7K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYUSDT | 0.0000% | 8h | 188.88 | +0.028% | $200.0M | $416.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.95 | +0.064% | $15.5M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.91 | +0.042% | $45.0M | $74.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.89 | +0.032% | $25.2M | $20.1M | 75x | as long as short |
| Variational Omni SKHYshort | 0.0000% | 8h | 188.80 | −0.015% | $1.6M | $986K | — | |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.82 | −0.005% | $22K | $218K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.16 | +0.175% | $692 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.78 | −0.026% | $156K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.79 | −0.021% | $1.5M | $1.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0027% | 1h | 188.73 | −0.053% | $190K | $480K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.81 | −0.011% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.82 | −0.005% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.84 | +0.005% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.94 | +0.058% | $199K | $259K | 20x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.77 | −0.032% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.57 | −0.138% | $525K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.85 | +0.011% | $1.1M | $315K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.80 | −0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.62 | −0.111% | $2.2M | $440K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 189.30 | +0.249% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0259% | 1h | 188.79 | −0.020% | $48K | $19K | 20x | as long as short |
Deribit SKHY_USDC-PERPETUAL
Variational Omni SKHY
edgeX SKHYUSDC
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
Lighter SKHY
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Polymarket Perps SKHY-USD
Lighter RH SKHY
Popdex SKHYUSDT
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD