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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: SoDEX against Lighter−0.063%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno 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. SoDEX is 0.063% cheaper against Lighter than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 12 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SKHY190.710.0032pay 0.0004% / 1h42m 35s$1.0M$691K10x
ShortSoDEX SKHY-USD190.590.0050get 0.0006% / 1h42m 35s$42K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$3.78
Price spread: −0.063% → 0.000%
−$6.29
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$10.51
Costs to cover
0.080%
Break-even
26.5 days
Slippage unknown: Lighter: live order book, 3 min ago; SoDEX: 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, 3 min ago0.53 bp1.0 bp −$118.0 bp −$180doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
edgeX SKHYUSDC−0.0765%4h190.76+0.027%$575K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.117%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h190.87+0.084%$248K$892K50xas long as short
Extended SKHY-USD0.0000%1h190.76+0.026%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.87+0.083%$200.6M$402.7M50xas long as short
Bybit SKHYUSDT0.0000%8h190.87+0.084%$15.5M$28.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.88+0.089%$45.6M$73.1M50xas long as short
Gate SKHY_USDT0.0000%8h190.82+0.058%$25.6M$19.4M75xas long as short
Bitget SKHYUSDT0.0000%8h190.93+0.115%$24.5M$28.2M20xas long as short
Variational Omni SKHY0.0000%8h190.79+0.043%$1.6M$1.1Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SKHY_USDT_Perp0.0000%8h190.68−0.017%$22K$211K10xas long as short
SunX SKHY-USDT0.0000%8h190.99+0.147%$699$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h190.66−0.026%$159K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h191.03+0.168%$1.5M$1.1M10xas long as short
tradeXYZ xyz:SKHY+0.0005%1h190.82+0.058%$159.5M$69.1M10xas long as short
QFEX SKHY-USD+0.0011%1h190.79+0.042%$1.2M$4.0M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0012%1h190.72+0.005%$48K$325K10xas long as short
Lighter SKHYlong+0.0032%1h190.71long leg$1.0M$691K10x
Lighter RH SKHY+0.0032%1h190.75+0.021%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.67−0.021%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.80+0.047%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.88+0.089%$201K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.79+0.042%$182K$460K10xas long as short
SoDEX SKHY-USDshort+0.0050%1h190.59−0.063%$42K$13K10x
Ondo Perps SKHY-USD.P+0.0050%1h190.48−0.121%$576K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h190.74+0.016%$1.1M$321K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.73+0.010%$2K$4K10xas long as short
Nado SKHY-PERP+0.0106%1h190.85+0.072%$34K$28K10xas long as short
BloFin SKHY-USDT+0.0120%8h190.73+0.010%$2.2M$436K50xas long as short
Phoenix SKHY+0.0375%1h190.77+0.031%$214K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0687%1h190.80+0.049%$48K$19K20xas long as short