Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Gate against Lighter+0.031%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.031%, 7d avg +0.050%
=Together, before fees−0.034%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 193.04 | 0.0032 | pay 0.0004% / 1h | 17m 48s | $1.0M | $688K | 10x |
| Short | Gate SKHY_USDT | 193.10 | 0 | get 0.0000% / 8h | 4h 17m | $25.8M | $18.9M | 75x |
Lighter SKHY
Gate SKHY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.031% → +0.050%
- −$1.93
- Slippage, 4 orders
- −$8.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.91
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Gate: live order book, 1 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 | 0.52 bp | 0.5 bp −$1 | 2.4 bp −$24 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.04 bp | 10.3 bp −$10 | 24.3 bp −$243 | 66.7 bp −$6,669 | 117.7 bp −$58.9K |
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 | −0.0332% | 4h | 193.24 | +0.106% | $583K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.104% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.12 | +0.042% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.10 | +0.031% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.12 | +0.042% | $204.4M | $393.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.12 | +0.041% | $15.7M | $27.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.08 | +0.021% | $46.8M | $70.1M | 50x | as long as short |
| Gate SKHY_USDTshort | 0.0000% | 8h | 193.10 | +0.031% | $25.8M | $18.9M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 193.39 | +0.181% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.30 | +0.136% | $22K | $203K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.42 | +0.197% | $708 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.10 | +0.031% | $161K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.14 | +0.052% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.12 | +0.041% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHYlong | +0.0032% | 1h | 193.04 | long leg | $1.0M | $688K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 193.01 | −0.016% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.24 | +0.104% | $60K | $161K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.12 | +0.041% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.14 | +0.052% | $202K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.08 | +0.021% | $161.5M | $67.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.05 | +0.005% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.11 | +0.036% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.01 | −0.016% | $599K | $2.4M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.15 | +0.057% | $1.1M | $313K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.15 | +0.057% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.18 | +0.073% | $2.2M | $438K | 50x | as long as short |
| Nado SKHY-PERP | +0.0150% | 1h | 193.14 | +0.052% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0164% | 8h | 193.16 | +0.062% | $25.3M | $26.9M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0164% | 1h | 193.15 | +0.057% | $49K | $321K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.52 | +0.249% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.17 | +0.067% | $49K | $19K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
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
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Nado SKHY-PERP
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD