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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 185.85 | −0.0104 | get 0.0013% / 1h | 58m 29s | $972K | $1.2M | 10x |
| Short | Ondo Perps SKHY-USD.P | 185.76 | −0.0074 | pay 0.0009% / 1h | 58m 29s | $520K | $2.6M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 2 min ago | 0.54 bp | 0.9 bp −$1 | 2.8 bp −$28 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1348% | 8h | 186.15 | +0.161% | $25.2M | $32.6M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0449% | 1h | 185.95 | +0.054% | $49K | $345K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0345% | 1h | 185.86 | +0.005% | $157.9M | $76.8M | 10x | as long as short |
| Popdex SKHYUSDT | −0.0344% | 1h | 185.81 | −0.022% | $203K | $284K | 20x | as long as short |
| edgeX SKHYUSDC | −0.0326% | 4h | 186.19 | +0.184% | $561K | $292K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0279% | 1h | 185.76 | −0.048% | $179K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0267% | 1h | 186.03 | +0.094% | $48K | $21K | 20x | as long as short |
| Nado SKHY-PERP | −0.0250% | 1h | 186.05 | +0.109% | $33K | $28K | 10x | as long as short |
| Lighter SKHYlong | −0.0104% | 1h | 185.85 | long leg | $972K | $1.2M | 10x | |
| Ondo Perps SKHY-USD.Pshort | −0.0074% | 1h | 185.76 | −0.048% | $520K | $2.6M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.931% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 185.80 | −0.027% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.05 | +0.106% | $223K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 185.82 | −0.015% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 185.84 | −0.003% | $199.2M | $448.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 185.86 | +0.005% | $16.6M | $29.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 185.79 | −0.032% | $44.4M | $78.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 185.92 | +0.038% | $25.5M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.16 | +0.168% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.25 | +0.213% | $22K | $231K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.14 | +0.156% | $681 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 185.84 | −0.005% | $154K | $366K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.00 | +0.081% | $1.5M | $1.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0005% | 8h | 186.05 | +0.108% | $1.1M | $325K | 20x | as long as short |
| Lighter RH SKHY | +0.0008% | 1h | 185.83 | −0.011% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.06 | +0.113% | $60K | $170K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 185.89 | +0.022% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 185.94 | +0.048% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 185.99 | +0.075% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 185.96 | +0.059% | $2.2M | $422K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.34 | +0.264% | $209K | $114K | 10x | as long as short |
Lighter SKHY
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Popdex SKHYUSDT
edgeX SKHYUSDC
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
KuCoin SKHYUSDTM
Lighter RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY