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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter−0.048%7-day average +0.049% · 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+0.097%+$10 on $10k
Price spread, last 7 days+0.252%+$25 · spread now −0.048%, 7d avg +0.049%
Together, before fees+0.349%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.098% cheaper against Lighter than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.049%). If the spread goes back, that is −$10 on $10k: about 11 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SKHY185.85−0.0104get 0.0013% / 1h58m 29s$972K$1.2M10x
ShortOndo Perps SKHY-USD.P185.76−0.0074pay 0.0009% / 1h58m 29s$520K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$6.38
Price spread: −0.048% → +0.049%
−$9.78
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.4
Costs to cover
0.050%
Break-even
16.2 days
Slippage unknown: Lighter: live order book, 2 min ago; Ondo Perps: 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, 2 min ago0.54 bp0.9 bp −$12.8 bp −$28doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Bitget SKHYUSDT−0.1348%8h186.15+0.161%$25.2M$32.6M20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0449%1h185.95+0.054%$49K$345K10xas long as short
tradeXYZ xyz:SKHY−0.0345%1h185.86+0.005%$157.9M$76.8M10xas long as short
Popdex SKHYUSDT−0.0344%1h185.81−0.022%$203K$284K20xas long as short
edgeX SKHYUSDC−0.0326%4h186.19+0.184%$561K$292K10xas long as short
Polymarket Perps SKHY-USD−0.0279%1h185.76−0.048%$179K$487K10xas long as short
Kraken Futures PF_SKHYUSD−0.0267%1h186.03+0.094%$48K$21K20xas long as short
Nado SKHY-PERP−0.0250%1h186.05+0.109%$33K$28K10xas long as short
Lighter SKHYlong−0.0104%1h185.85long leg$972K$1.2M10x
Ondo Perps SKHY-USD.Pshort−0.0074%1h185.76−0.048%$520K$2.6M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.931%$68K$905K10xas long as short
QFEX SKHY-USD−0.0061%1h185.80−0.027%$1.2M$4.3M10xas long as short
Aster SKHYUSDT0.0000%8h186.05+0.106%$223K$925K50xas long as short
Extended SKHY-USD0.0000%1h185.82−0.015%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h185.84−0.003%$199.2M$448.5M50xas long as short
Bybit SKHYUSDT0.0000%8h185.86+0.005%$16.6M$29.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h185.79−0.032%$44.4M$78.6M50xas long as short
Gate SKHY_USDT0.0000%8h185.92+0.038%$25.5M$20.8M75xas long as short
Variational Omni SKHY0.0000%8h186.16+0.168%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.25+0.213%$22K$231K10xas long as short
SunX SKHY-USDT0.0000%8h186.14+0.156%$681$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h185.84−0.005%$154K$366K50xas long as short
Phemex SKHYUSDT0.0000%8h186.00+0.081%$1.5M$1.1M10xas long as short
KuCoin SKHYUSDTM+0.0005%8h186.05+0.108%$1.1M$325K20xas long as short
Lighter RH SKHY+0.0008%1h185.83−0.011%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.06+0.113%$60K$170K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h185.89+0.022%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h185.94+0.048%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h185.99+0.075%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h185.96+0.059%$2.2M$422K50xas long as short
Phoenix SKHY+0.0213%1h186.34+0.264%$209K$114K10xas long as short