SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Lighter against Binance−0.008%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$620.623% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.008%, 7d avg +0.009%

Together, before fees+0.010%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKYUSDT	0.06802	0.0100	pay 0.0050% / 4h	2h 38m	$15.5M	$11.1M	75x
Short	Lighter SKY	0.06801	0.0096	get 0.0012% / 1h	38m 56s	$177K	$118K	10x

Funding history

latest

Range statsloading…

Lighter against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee LighterbpOrdersPrice spread, now −0.008%Rate

Slippage from Binance: live order book, 2 min ago; Lighter: live order book, 56 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 2 min ago	0.74 bp	17.6 bp −$18	61.3 bp −$613	360.3 bp −$36.0K	doesn't fit
Sell Lighter live order book, 56 min ago	12.97 bp	13.2 bp −$13	104.3 bp −$1,043	doesn't fit	doesn't fit

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
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+1.341%	$376	$303K	12x	as long as short
Variational Omni SKY	+0.0036%	4h	0.06809	+0.112%	$182K	$113K	—	as long as short
BloFin SKY-USDT	+0.0072%	4h	0.06803	+0.017%	$581K	$29K	75x	as long as short
Lighter SKYshort	+0.0096%	1h	0.06801	−0.008%	$177K	$118K	10x
Nado SKY-PERP	+0.0100%	1h	0.06798	−0.056%	$72K	$33K	5x	as long as short
Hyperliquid SKY	+0.0100%	1h	0.06810	+0.126%	$2.8M	$903K	3x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06805	+0.048%	$42K	$42K	20x	as long as short
Binance SKYUSDTlong	+0.0100%	4h	0.06802	long leg	$15.5M	$11.1M	75x
Bybit SKYUSDT	+0.0100%	4h	0.06798	−0.056%	$7.1M	$3.2M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06798	−0.056%	$800K	$1.1M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SKY_USDT	+0.0100%	4h	0.06792	−0.144%	$577K	$287K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06806	+0.062%	$997K	$266K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06804	+0.032%	$399K	$292K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06801	−0.012%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06798	−0.056%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06821	+0.282%	$27K	$649K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06804	+0.040%	$1K	$3K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0521% / S −0.0248%	1h	0.06803	+0.015%	$81K	—	50x	as long as short