Funding you earn now, next payment 23:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.012%
Price spread now: Lighter against Bitget−0.053%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$190.191% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.053%, 7d avg −0.078%
=Together, before fees−0.032%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.025% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.078%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 189.09 | 0 | get 0.0000% / 8h | 1h 13m | $25.6M | $25.2M | 20x |
| Short | Lighter SKHY | 188.99 | 0.0032 | get 0.0004% / 1h | 13m 39s | $1.0M | $717K | 10x |
Bitget SKHYUSDT
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: −0.053% → −0.078%
- $2.47
- Slippage, 4 orders
- −$7.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$9.93
- Costs to cover
- 0.191%
- Break-even
- 17.3 days
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 2 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 Bitget live order book, 5 min ago | 0.79 bp | 8.3 bp −$8 | 14.8 bp −$148 | 25.0 bp −$2,497 | 43.6 bp −$21.8K |
| Sell Lighter live order book, 2 min ago | 0.79 bp | 1.8 bp −$2 | 2.5 bp −$25 | doesn't fit | 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 | −0.0197% | 4h | 188.86 | −0.124% | $569K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0040% | 1h | 189.00 | −0.045% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0025% | 8h | 188.86 | −0.122% | $1.1M | $310K | 20x | as long as short |
| QFEX SKHY-USD | −0.0001% | 1h | 188.98 | −0.058% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.95 | −0.074% | $250K | $902K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.00 | −0.047% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.04 | −0.026% | $211.9M | $378.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.08 | −0.005% | $15.8M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.05 | −0.021% | $46.9M | $60.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.01 | −0.042% | $26.0M | $17.8M | 75x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTlong | 0.0000% | 8h | 189.09 | long leg | $25.6M | $25.2M | 20x | |
| Variational Omni SKHY | 0.0000% | 8h | 188.87 | −0.116% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.89 | −0.106% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.31 | +0.116% | $693 | $7.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.99 | −0.053% | $155K | $400K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.03 | −0.032% | $1.5M | $1.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0015% | 1h | 189.04 | −0.026% | $45K | $233K | 10x | as long as short |
| Lighter SKHYshort | +0.0032% | 1h | 188.99 | −0.053% | $1.0M | $717K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 188.93 | −0.085% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.01 | −0.042% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.96 | −0.069% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.03 | −0.032% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 188.98 | −0.058% | $164.7M | $64.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.92 | −0.090% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.97 | −0.063% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.01 | −0.042% | $542K | $995K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.01 | −0.042% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.97 | −0.063% | $2.2M | $431K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0240% | 1h | 188.78 | −0.164% | $168K | $685K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 189.20 | +0.058% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0870% | 1h | 189.18 | +0.050% | $50K | $24K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
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
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD