Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against Aster−0.054%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.153% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.054%, 7d avg −0.054%
=Together, before fees−0.008%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.054%, 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 | Aster SKHYUSDT | 193.24 | 0 | get 0.0000% / 8h | 4h 19m | $249K | $889K | 50x |
| Short | Lighter SKHY | 193.14 | 0.0032 | get 0.0004% / 1h | 19m 37s | $1.0M | $688K | 10x |
Aster SKHYUSDT
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $6.72
- Price spread: −0.054% → −0.054%
- −$0.02
- Slippage, 4 orders
- −$7.3
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.6
- Costs to cover
- 0.153%
- Break-even
- 16.0 days
Slippage from Aster: live order book, 38 min ago; Lighter: 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 Aster live order book, 38 min ago | 0.52 bp | 7.8 bp −$8 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 1 min ago | 0.52 bp | 0.7 bp −$1 | 2.3 bp −$23 | 187.4 bp −$18.7K | doesn't fit |
SKHY on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0332% | 4h | 193.24 | 0.000% | $583K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.209% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDTlong | 0.0000% | 8h | 193.24 | long leg | $249K | $889K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 193.19 | −0.029% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.24 | −0.002% | $204.5M | $393.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.20 | −0.023% | $15.7M | $27.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.19 | −0.028% | $46.8M | $70.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.18 | −0.033% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.39 | +0.075% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.30 | +0.030% | $22K | $203K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.74 | +0.257% | $709 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.25 | +0.003% | $161K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.32 | +0.039% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.38 | +0.070% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHYshort | +0.0032% | 1h | 193.14 | −0.054% | $1.0M | $688K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 193.12 | −0.064% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.29 | +0.024% | $60K | $161K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.32 | +0.039% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.42 | +0.091% | $202K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.17 | −0.038% | $161.6M | $67.8M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.30 | +0.029% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.28 | +0.019% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | +0.008% | $599K | $2.4M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.23 | −0.007% | $1.1M | $313K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.34 | +0.050% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.41 | +0.086% | $2.2M | $438K | 50x | as long as short |
| Nado SKHY-PERP | +0.0149% | 1h | 193.30 | +0.029% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0165% | 8h | 193.19 | −0.028% | $25.3M | $26.9M | 20x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.52 | +0.143% | $217K | $124K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0423% | 1h | 193.39 | +0.075% | $49K | $321K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1056% | 1h | 193.39 | +0.075% | $49K | $19K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Nado SKHY-PERP
Bitget SKHYUSDT
Phoenix SKHY
Deribit SKHY_USDC-PERPETUAL
Kraken Futures PF_SKHYUSD