Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against OKX+0.109%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2142.138% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.109%, 7d avg +0.101%
=Together, before fees+0.045%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKY-USDT-SWAP | 0.07051 | 0.0100 | pay 0.0050% / 4h | 0m 20s | $850K | $1.3M | 20x |
| Short | Lighter SKY | 0.07059 | 0.0096 | get 0.0012% / 1h | 0m 20s | $189K | $160K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.109% → +0.101%
- $0.83
- Slippage, 4 orders
- −$203.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$213.82
- Costs to cover
- 2.138%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Lighter: live order book, 60 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 OKX live order book, 1 min ago | 2.13 bp | 26.7 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 60 min ago | 12.74 bp | 100.5 bp −$100 | 187.9 bp −$1,879 | 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 | −0.0643% | 4h | 0.07042 | −0.127% | $193K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0160% | 4h | 0.07046 | −0.071% | $7.6M | $3.3M | 25x | as long as short |
| Nado SKY-PERP | +0.0064% | 1h | 0.07055 | +0.060% | $70K | $25K | 5x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.07059 | +0.109% | $189K | $160K | 10x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.07057 | +0.089% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07057 | +0.089% | $16.0M | $10.2M | 75x | as long as short |
| OKX SKY-USDT-SWAPlong | +0.0100% | 4h | 0.07051 | long leg | $850K | $1.3M | 20x | |
| Gate SKY_USDT | +0.0100% | 4h | 0.07049 | −0.028% | $603K | $259K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07056 | +0.071% | $1.1M | $288K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07042 | −0.128% | $420K | $290K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.0100% | 4h | 0.07052 | +0.014% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07051 | 0.000% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07054 | +0.043% | $22K | $680K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07057 | +0.089% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0110% | 4h | 0.07050 | −0.014% | $586K | $29K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.0158% | 1h | 0.07172 | +1.716% | $392 | $303K | 12x | as long as short |
| Hyperliquid SKY | +0.0219% | 1h | 0.07066 | +0.217% | $3.0M | $889K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0526% / S −0.0248% | 1h | 0.07054 | +0.038% | $84K | — | 50x | as long as short |
OKX SKY-USDT-SWAP
Lighter SKY
Variational Omni SKY
Bybit SKYUSDT
Aster SKYUSDT
Binance SKYUSDT
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
BloFin SKY-USDT
Injective SKY/USDC PERP
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]