Funding you earn now, next payment 16:00 UTC+0.0224%/8h= +24.6% APRnext payment +$2.24 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against KuCoin+0.053%7-day average +0.027% · 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)−0.019%−$2 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.053%, 7d avg +0.027%
=Together, before fees−0.087%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Variational Omni is 0.026% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.027%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.019% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.24 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 | KuCoin SKHYUSDTM | 184.74 | −0.0246 | get 0.0246% / 8h | 7h 19m | $1.1M | $376K | 20x |
| Short | Variational Omni SKHY | 184.84 | −0.0022 | pay 0.0022% / 8h | 7h 19m | $1.6M | $1.0M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- $47.12
- Price spread: +0.053% → +0.027%
- $2.61
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $37.74
- Costs to cover
- 0.120%
- Break-even
- 1.4 days
Slippage unknown: KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 3.26 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.26 bp | doesn't fit | 7.4 bp −$74 | 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 | −0.1152% | 8h | 185.07 | +0.179% | $25.5M | $35.2M | 20x | as long as short |
| KuCoin SKHYUSDTMlong | −0.0246% | 8h | 184.74 | long leg | $1.1M | $376K | 20x | |
| edgeX SKHYUSDC | −0.0224% | 4h | 184.38 | −0.192% | $556K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0198% | 8h | 184.46 | −0.152% | $22K | $246K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0051% | 1h | 184.92 | +0.097% | $156.7M | $78.0M | 10x | as long as short |
| Extended SKHY-USD | −0.0048% | 1h | 184.82 | +0.043% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | −0.0041% | 8h | 184.95 | +0.113% | $196.1M | $465.0M | 50x | as long as short |
| Nado SKHY-PERP | −0.0032% | 1h | 184.88 | +0.075% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 184.84 | +0.054% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni SKHYshort | −0.0022% | 8h | 184.84 | +0.053% | $1.6M | $1.0M | — |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 184.71 | −0.016% | $265K | $951K | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 184.96 | +0.119% | $16.0M | $33.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.92 | +0.097% | $43.8M | $81.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.96 | +0.119% | $25.5M | $21.8M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 185.08 | +0.184% | $677 | $5.9M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 184.94 | +0.108% | $47K | $354K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 184.72 | −0.011% | $153K | $375K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.88 | +0.076% | $1.5M | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 183.79 | −0.514% | $66K | $750K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 184.94 | +0.108% | $983K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 184.88 | +0.076% | $1.1M | $1.5M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0039% | 1h | 184.81 | +0.038% | $510K | $2.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 184.70 | −0.022% | $59K | $173K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.74 | 0.000% | — | $38K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 184.80 | +0.032% | $199K | $295K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.75 | +0.005% | $179K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.76 | +0.011% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0067% | 8h | 184.83 | +0.049% | $2.1M | $446K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.76 | +0.011% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 184.94 | +0.110% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 184.57 | −0.092% | $207K | $123K | 10x | as long as short |
KuCoin SKHYUSDTM
Variational Omni SKHY
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
tradeXYZ xyz:SKHY
Extended SKHY-USD
Binance SKHYUSDT
Aster SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Kraken Futures PF_SKHYUSD
Phoenix SKHY