SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h +0.167%

Price spread now: Kraken Futures against Lighter−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.729%+$73 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Kraken Futures is 0.058% cheaper against Lighter than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 18 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SKHY	187.07	0	get 0.0000% / 1h	24m 07s	$911K	$988K	10x
Short	Kraken Futures PF_SKHYUSD	186.96	0.0262	get 0.0033% / 1h	24m 07s	$47K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee LighterbpFee Kraken FuturesbpOrdersPrice spread, now −0.058%Rate

Funding earned: $54.96
Price spread: −0.058% → 0.000%: −$5.79
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $39.17
Costs to cover: 0.100%
Break-even: 2.0 days

Slippage unknown: Lighter: live order book, 56 min ago; Kraken Futures: 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, 56 min ago	1.06 bp	1.1 bp −$1	17.7 bp −$177	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: 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
Bitget SKHYUSDT	−0.1104%	8h	187.15	+0.043%	$24.8M	$30.7M	20x	as long as short
edgeX SKHYUSDC	−0.0321%	4h	186.14	−0.497%	$561K	$290K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0124%	1h	187.06	−0.005%	$48K	$335K	10x	as long as short
Nado SKHY-PERP	−0.0114%	1h	187.04	−0.015%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0086%	1h	186.99	−0.043%	$158.1M	$73.2M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0063%	1h	186.81	−0.139%	$181K	$487K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	186.71	−0.192%	$47K	$875K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	186.85	−0.118%	$1.2M	$4.1M	10x	as long as short
Lighter SKHYlong	0.0000%	1h	187.07	long leg	$911K	$988K	10x
Aster SKHYUSDT	0.0000%	8h	186.94	−0.071%	$228K	$913K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHY-USD	0.0000%	1h	186.89	−0.098%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.99	−0.041%	$199.2M	$428.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.10	+0.016%	$15.8M	$30.0M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.08	+0.005%	$44.4M	$75.9M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.97	−0.053%	$25.2M	$20.5M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.47	−0.318%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.54	−0.283%	$22K	$220K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.31	+0.128%	$686	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.91	−0.086%	$155K	$371K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.04	−0.016%	$1.5M	$1.1M	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0028%	1h	186.72	−0.187%	$514K	$2.6M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.98	−0.048%	$1.0M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.54	−0.283%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.95	−0.064%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	186.85	−0.118%	$194K	$272K	20x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.78	−0.155%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	186.93	−0.075%	$1.1M	$320K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.90	−0.091%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.69	−0.203%	$2.1M	$410K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	187.06	−0.005%	$210K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSDshort	+0.0262%	1h	186.96	−0.058%	$47K	$19K	20x