Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.6% APRpaid last 24h +0.001%
Price spread now: Lighter against BloFin+0.019%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$670.671% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)−0.097%−$10 · spread now +0.019%, 7d avg +0.002%
=Together, before fees−0.085%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKY-USDT | 0.07201 | 0.0064 | pay 0.0032% / 4h | 2h 27m | $609K | $610K | 75x |
| Short | Lighter SKY | 0.07202 | 0.0096 | get 0.0012% / 1h | 27m 14s | $189K | $163K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $6.82
- Price spread: +0.019% → +0.002%
- $1.71
- Slippage, 4 orders
- −$55.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$58.6
- Costs to cover
- 0.671%
- Break-even
- 67.2 days
Slippage from BloFin: live order book, 59 min ago; Lighter: live order book, 55 min ago.
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 BloFin live order book, 59 min ago | 0.69 bp | 22.1 bp −$22 | 46.4 bp −$464 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 55 min ago | 11.33 bp | 13.7 bp −$14 | 107.8 bp −$1,078 | doesn't fit | doesn't fit |
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 SKY | −0.0607% | 4h | 0.07188 | −0.178% | $207K | $94K | — | as long as short |
| Bybit SKYUSDT | −0.0215% | 4h | 0.07193 | −0.111% | $7.9M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07199 | −0.028% | $393 | $222K | 12x | as long as short |
| BloFin SKY-USDTlong | +0.0064% | 4h | 0.07201 | long leg | $609K | $610K | 75x | |
| Lighter SKYshort | +0.0096% | 1h | 0.07202 | +0.019% | $189K | $163K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.07200 | −0.007% | $71K | $26K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07202 | +0.016% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07203 | +0.027% | $16.6M | $9.5M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07194 | −0.097% | $871K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07186 | −0.208% | $617K | $254K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07202 | +0.014% | $1.1M | $280K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07187 | −0.194% | $442K | $287K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07202 | +0.014% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07196 | −0.069% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07196 | −0.069% | $20K | $685K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07203 | +0.028% | $699 | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.0367% | 1h | 0.07215 | +0.190% | $3.0M | $905K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0534% / S −0.0248% | 1h | 0.07203 | +0.021% | $85K | — | 50x | as long as short |
BloFin SKY-USDT
Lighter SKY
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]