SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: ApeX Omni against Lighter−0.044%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$900.903% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 4 days (all we have)+0.558%+$56 · spread now −0.044%, 7d avg +0.016%

Together, before fees+0.456%+ Points / potential airdropLighter: Season 3 · farm board+$46 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.060% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SKY	0.06788	0.0096	pay 0.0012% / 1h	11m 11s	$179K	$107K	10x
Short	ApeX Omni SKYUSDT	0.06785	0.0100	get 0.0013% / 1h	11m 11s	$34K	$652K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.044%Rate

Funding earned: $0.84
Price spread: −0.044% → +0.016%: −$6.04
Slippage, 4 orders: −$80.34
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$95.55
Costs to cover: 0.903%
Break-even: 803.2 days

Slippage from Lighter: live order book, 3 min ago; ApeX Omni: live order book, 22 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 Lighter live order book, 3 min ago	9.93 bp	12.2 bp −$12	106.7 bp −$1,067	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 22 min ago	7.38 bp	14.9 bp −$15	98.8 bp −$988	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	−0.0006%	4h	0.06792	+0.052%	$181K	$96K	—	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+1.547%	$376	$303K	12x	as long as short
BloFin SKY-USDT	+0.0051%	4h	0.06784	−0.059%	$571K	$28K	75x	as long as short
Lighter SKYlong	+0.0096%	1h	0.06788	long leg	$179K	$107K	10x
Nado SKY-PERP	+0.0100%	1h	0.06786	−0.022%	$67K	$35K	5x	as long as short
Hyperliquid SKY	+0.0100%	1h	0.06805	+0.246%	$2.8M	$929K	3x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06793	+0.081%	$41K	$45K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06790	+0.024%	$15.2M	$11.6M	75x	as long as short
Bybit SKYUSDT	+0.0100%	4h	0.06786	−0.029%	$7.1M	$3.3M	25x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06777	−0.162%	$791K	$1.2M	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	0.06782	−0.088%	$574K	$312K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.06791	+0.044%	$1.0M	$269K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06791	+0.044%	$403K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06784	−0.059%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06784	−0.059%	—	$2.5M	—	as long as short
ApeX Omni SKYUSDTshort	+0.0100%	1h	0.06785	−0.044%	$34K	$652K	50x
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06786	−0.029%	$1K	$5K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0517% / S −0.0249%	1h	0.06791	+0.046%	$81K	—	50x	as long as short