Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.010%
Price spread now: Extended against Lighter−0.036%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.049%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.036% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SKHY190.640.0032pay 0.0004% / 1h45m 49s$1.0M$691K10x
ShortExtended SKHY-USD190.570get 0.0000% / 1h45m 49s$56K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.036% → 0.000%
−$3.6
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$15.32
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Extended: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago0.52 bp1.0 bp −$18.9 bp −$89doesn't fitdoesn't fit
Sell Extended no order-book sample
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0851%4h190.81+0.090%$575K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.154%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h190.71+0.035%$248K$891K50xas long as short
Extended SKHY-USDshort0.0000%1h190.57−0.036%$56K$7K10x
Binance SKHYUSDT0.0000%8h190.56−0.040%$200.4M$401.8M50xas long as short
Bybit SKHYUSDT0.0000%8h190.47−0.089%$15.4M$28.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.43−0.110%$45.8M$72.4M50xas long as short
Gate SKHY_USDT0.0000%8h190.48−0.084%$25.6M$19.3M75xas long as short
Bitget SKHYUSDT0.0000%8h190.69+0.026%$24.4M$28.1M20xas long as short
Variational Omni SKHY0.0000%8h190.79+0.080%$1.6M$1.1Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SKHY_USDT_Perp0.0000%8h190.60−0.021%$22K$209K10xas long as short
SunX SKHY-USDT0.0000%8h191.12+0.252%$699$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h190.73+0.047%$159K$370K50xas long as short
Phemex SKHYUSDT0.0000%8h190.82+0.094%$1.5M$1.1M10xas long as short
tradeXYZ xyz:SKHY+0.0002%1h190.53−0.058%$159.3M$68.9M10xas long as short
QFEX SKHY-USD+0.0011%1h190.69+0.026%$1.2M$4.0M10xas long as short
Lighter SKHYlong+0.0032%1h190.64long leg$1.0M$691K10x
Lighter RH SKHY+0.0032%1h190.65+0.005%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.90+0.136%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.73+0.047%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.77+0.068%$201K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.66+0.010%$182K$460K10xas long as short
SoDEX SKHY-USD+0.0050%1h190.72+0.042%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h190.77+0.068%$576K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h190.70+0.031%$1.1M$321K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.81+0.089%$2K$4K10xas long as short
Nado SKHY-PERP+0.0114%1h190.72+0.044%$34K$28K10xas long as short
BloFin SKHY-USDT+0.0120%8h190.74+0.052%$2.2M$435K50xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0169%1h190.82+0.094%$48K$325K10xas long as short
Phoenix SKHY+0.0375%1h191.05+0.215%$214K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0686%1h190.91+0.143%$48K$19K20xas long as short