Funding you earn now, next payment 00:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.048%
Price spread now: BloFin against Lighter+0.053%60s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$200.204% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 3 days (all we have)+0.013%+$1 · spread now +0.053%, 7d avg +0.049%
=Together, before fees+0.265%+ Points / potential airdropLighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 189.53 | 0.0032 | pay 0.0004% / 1h | 42m 21s | $1.0M | $688K | 10x |
| Short | BloFin SKHY-USDT | 189.63 | 0.0120 | get 0.0120% / 8h | 42m 21s | $2.2M | $395K | 50x |
Lighter SKHY
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $18.48
- Price spread: +0.053% → +0.049%
- $0.35
- Slippage, 4 orders
- −$8.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1.52
- Costs to cover
- 0.204%
- Break-even
- 7.6 days
Slippage from Lighter: live order book, 3 min ago; BloFin: live order book, 6 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, 3 min ago | 0.53 bp | 4.9 bp −$5 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.26 bp | 7.3 bp −$7 | 8.4 bp −$84 | 16.5 bp −$1,645 | 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 | −0.0727% | 4h | 189.70 | +0.092% | $572K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0075% | 1h | 189.64 | +0.060% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0010% | 8h | 189.52 | −0.005% | $1.1M | $289K | 20x | as long as short |
| QFEX SKHY-USD | 0.0000% | 1h | 189.63 | +0.053% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.41 | −0.063% | $251K | $903K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.56 | +0.016% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.59 | +0.029% | $212.3M | $379.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.65 | +0.063% | $15.5M | $27.0M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.64 | +0.058% | $47.3M | $61.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.60 | +0.037% | $26.1M | $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 SKHYUSDT | 0.0000% | 8h | 189.66 | +0.069% | $25.5M | $25.6M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.79 | +0.138% | $1.6M | $2.6M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.71 | +0.095% | $23K | $210K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.90 | +0.195% | $695 | $7.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.58 | +0.026% | $45K | $238K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.56 | +0.016% | $155K | $400K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.62 | +0.047% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHYlong | +0.0032% | 1h | 189.53 | long leg | $1.0M | $688K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 189.49 | −0.021% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.65 | +0.063% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.63 | +0.053% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.64 | +0.058% | $203K | $240K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 189.58 | +0.026% | $165.0M | $65.0M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.57 | +0.021% | $187K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.59 | +0.032% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.65 | +0.063% | $559K | $1.1M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.63 | +0.053% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 189.63 | +0.053% | $2.2M | $395K | 50x | |
| Coinbase International SKHY-PERP-INTX | +0.0128% | 1h | 189.84 | +0.164% | $169K | $683K | 10x | as long as short |
| Phoenix SKHY | +0.0380% | 1h | 189.95 | +0.222% | $214K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0950% | 1h | 189.74 | +0.113% | $50K | $24K | 20x | as long as short |
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
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
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD