Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.027%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.356%−$36 · spread now +0.027%, 7d avg −0.078%
=Together, before fees−0.347%+ Points / potential airdropLighter: Season 3 · farm board−$35 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: Bitget is 0.106% dearer against Lighter than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKY | 0.06932 | 0.0096 | pay 0.0012% / 1h | 31m 22s | $181K | $181K | 10x |
| Short | Bitget SKYUSDT | 0.06934 | 0.0100 | get 0.0050% / 4h | 2h 31m | $2.9M | $1.6M | 75x |
Lighter SKY
Bitget SKYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- $0.84
- Price spread: +0.027% → −0.078%
- $10.58
- Slippage, 4 orders
- −$76.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$76.84
- Costs to cover
- 0.883%
- Break-even
- 647.4 days
Slippage from Lighter: live order book, 19 min ago; Bitget: live order book, 1 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, 19 min ago | 14.30 bp | 16.1 bp −$16 | 103.2 bp −$1,032 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.60 bp | 25.8 bp −$26 | 66.4 bp −$664 | doesn't fit | doesn't fit |
SKY on 17 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 | −0.0464% | 4h | 0.06915 | −0.241% | $185K | $132K | — | as long as short |
| Bybit SKYUSDT | +0.0015% | 4h | 0.06928 | −0.059% | $7.4M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +3.461% | $392 | $303K | 12x | as long as short |
| Lighter SKYlong | +0.0096% | 1h | 0.06932 | long leg | $181K | $181K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06935 | +0.045% | $69K | $28K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06937 | +0.067% | $42K | $45K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06938 | +0.079% | $15.9M | $11.1M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06932 | −0.001% | $828K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06931 | −0.016% | $593K | $281K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06937 | +0.071% | $1.0M | $271K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06937 | +0.071% | $413K | $295K | 50x | as long as short |
| Bitget SKYUSDTshort | +0.0100% | 4h | 0.06934 | +0.027% | $2.9M | $1.6M | 75x | |
| BingX SKY-USDT | +0.0100% | 4h | 0.06931 | −0.016% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06921 | −0.160% | $28K | $679K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06937 | +0.068% | $1K | $3K | 10x | as long as short |
| Hyperliquid SKY | +0.0107% | 1h | 0.06946 | +0.195% | $2.9M | $915K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0524% / S −0.0248% | 1h | 0.06941 | +0.124% | $82K | — | 50x | as long as short |
KuCoin SKYUSDTM
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]