Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.006%
Price spread now: Lighter against Injective−0.828%66s7-day average −0.103% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+1.042%+$104 · spread now −0.828%, 7d avg −0.103%
=Together, before fees+1.222%+ Points / potential airdropLighter: Season 3 · farm board+$122 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.725% cheaper against Injective than usual: you would sell low and buy high (spread −0.828% now, against its 7-day average of −0.103%). If the spread goes back, that is −$73 on $10k: about 39 days of funding at the current rate (+$2 a day). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SKY/USDC PERP | 0.06893 | 0.0033 | pay 0.0004% / 1h | 1m 57s | $376 | $303K | 12x |
| Short | Lighter SKY | 0.06836 | 0.0096 | get 0.0012% / 1h | 1m 57s | $178K | $177K | 10x |
Injective SKY/USDC PERP
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: −0.828% → −0.103%
- −$72.54
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$59.4
- Costs to cover
- 0.000%
- Break-even
- 38.6 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 38 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 38 min ago | 11.20 bp | 17.4 bp −$17 | 118.4 bp −$1,184 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0181% | 4h | 0.06820 | −1.062% | $182K | $113K | — | as long as short |
| Injective SKY/USDC PERPlong | +0.0033% | 1h | 0.06893 | long leg | $376 | $303K | 12x | |
| Nado SKY-PERP | +0.0084% | 1h | 0.06838 | −0.802% | $75K | $31K | 5x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.06836 | −0.828% | $178K | $177K | 10x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.06839 | −0.776% | $41K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06836 | −0.826% | $15.6M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06828 | −0.943% | $7.1M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06832 | −0.885% | $814K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06830 | −0.914% | $591K | $273K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06835 | −0.841% | $1.0M | $266K | 100x | as long as short |
Variational Omni SKY
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06834 | −0.856% | $402K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06832 | −0.885% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06836 | −0.827% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06831 | −0.899% | $27K | $657K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06835 | −0.836% | $1K | $3K | 10x | as long as short |
| BloFin SKY-USDT | +0.0128% | 4h | 0.06840 | −0.769% | $583K | $29K | 75x | as long as short |
| Hyperliquid SKY | +0.0360% | 1h | 0.06842 | −0.741% | $2.8M | $911K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0520% / S −0.0248% | 1h | 0.06834 | −0.859% | $81K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]