Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.006%
Price spread now: Bitget against Lighter+0.063%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.063%, 7d avg +0.077%
=Together, before fees+0.009%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 189.52 | 0.0032 | pay 0.0004% / 1h | 21m 47s | $1.0M | $689K | 10x |
| Short | Bitget SKHYUSDT | 189.64 | 0 | get 0.0000% / 8h | 21m 47s | $25.4M | $25.7M | 20x |
Lighter SKHY
Bitget SKHYUSDTFunding 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
- −$6.72
- Price spread: +0.063% → +0.077%
- −$1.36
- Slippage, 4 orders
- −$8.72
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$28.8
- Costs to cover
- 0.207%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Bitget: 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 Lighter live order book, 4 min ago | 0.53 bp | 1.1 bp −$1 | 2.5 bp −$25 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.05 bp | 8.9 bp −$9 | 17.6 bp −$176 | 25.4 bp −$2,540 | 39.2 bp −$19.6K |
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 | −0.0499% | 4h | 189.50 | −0.009% | $571K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0049% | 1h | 189.51 | −0.004% | $28K | $2K | 10x | as long as short |
| QFEX SKHY-USD | 0.0000% | 1h | 189.55 | +0.016% | $1.2M | $5.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.59 | +0.035% | $252K | $903K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.55 | +0.017% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.58 | +0.034% | $212.2M | $377.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.63 | +0.058% | $15.6M | $26.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.59 | +0.037% | $47.1M | $61.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.58 | +0.032% | $26.1M | $17.8M | 75x | as long as short |
| Bitget SKHYUSDTshort | 0.0000% | 8h | 189.64 | +0.063% | $25.4M | $25.7M | 20x |
edgeX SKHYUSDC
Nado SKHY-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 189.50 | −0.009% | $1.6M | $2.6M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.56 | +0.021% | $22K | $209K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.83 | +0.164% | $695 | $7.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.60 | +0.042% | $46K | $253K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.52 | 0.000% | $155K | $401K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.59 | +0.037% | $1.5M | $1.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0008% | 8h | 189.48 | −0.021% | $1.1M | $283K | 20x | as long as short |
| Lighter SKHYlong | +0.0032% | 1h | 189.52 | long leg | $1.0M | $689K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 189.48 | −0.021% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.56 | +0.021% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.55 | +0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.61 | +0.047% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 189.52 | 0.000% | $164.6M | $65.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.50 | −0.011% | $170K | $952K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.53 | +0.005% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.53 | +0.005% | $557K | $1.2M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.59 | +0.037% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.51 | −0.005% | $2.3M | $415K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0128% | 1h | 189.72 | +0.106% | $169K | $687K | 10x | as long as short |
| Phoenix SKHY | +0.0380% | 1h | 189.72 | +0.106% | $214K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0950% | 1h | 189.68 | +0.082% | $50K | $24K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
KuCoin SKHYUSDTM
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