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
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 190.64 | 0.0032 | pay 0.0004% / 1h | 45m 49s | $1.0M | $691K | 10x |
| Short | Extended SKHY-USD | 190.57 | 0 | get 0.0000% / 1h | 45m 49s | $56K | $7K | 10x |
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 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: −0.036% → 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 5 min ago | 0.52 bp | 1.0 bp −$1 | 8.9 bp −$89 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0851% | 4h | 190.81 | +0.090% | $575K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.154% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.71 | +0.035% | $248K | $891K | 50x | as long as short |
| Extended SKHY-USDshort | 0.0000% | 1h | 190.57 | −0.036% | $56K | $7K | 10x | |
| Binance SKHYUSDT | 0.0000% | 8h | 190.56 | −0.040% | $200.4M | $401.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.47 | −0.089% | $15.4M | $28.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.43 | −0.110% | $45.8M | $72.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 190.48 | −0.084% | $25.6M | $19.3M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.69 | +0.026% | $24.4M | $28.1M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 190.79 | +0.080% | $1.6M | $1.1M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.60 | −0.021% | $22K | $209K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 191.12 | +0.252% | $699 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 190.73 | +0.047% | $159K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 190.82 | +0.094% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0002% | 1h | 190.53 | −0.058% | $159.3M | $68.9M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 190.69 | +0.026% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHYlong | +0.0032% | 1h | 190.64 | long leg | $1.0M | $691K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 190.65 | +0.005% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.90 | +0.136% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.73 | +0.047% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.77 | +0.068% | $201K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.66 | +0.010% | $182K | $460K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 190.72 | +0.042% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.77 | +0.068% | $576K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.70 | +0.031% | $1.1M | $321K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.81 | +0.089% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0114% | 1h | 190.72 | +0.044% | $34K | $28K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.74 | +0.052% | $2.2M | $435K | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0169% | 1h | 190.82 | +0.094% | $48K | $325K | 10x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 191.05 | +0.215% | $214K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0686% | 1h | 190.91 | +0.143% | $48K | $19K | 20x | as long as short |
Lighter SKHY
Extended SKHY-USD
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD