Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.009%
Price spread now: SunX against Lighter+0.249%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1231.235% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.249%, 7d avg +0.188%
=Together, before fees−0.042%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.061% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.188%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 188.69 | −0.0008 | get 0.0001% / 1h | 46m 21s | $1.0M | $741K | 10x |
| Short | SunX SKHY-USDT | 189.16 | 0 | get 0.0000% / 8h | 2h 46m | $692 | $6.2M | 10x |
Lighter SKHY
SunX SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $1.68
- Price spread: +0.249% → +0.188%
- $6.08
- Slippage, 4 orders
- −$115.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$115.7
- Costs to cover
- 1.235%
- Break-even
- 489.1 days
Slippage from Lighter: live order book, 34 min ago; SunX: live order book, 13 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, 34 min ago | 1.06 bp | 1.1 bp −$1 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell SunX live order book, 13 min ago | 29.38 bp | 72.6 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0528% | 8h | 188.84 | +0.079% | $24.4M | $29.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0291% | 4h | 188.98 | +0.156% | $570K | $291K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0068% | 1h | 188.83 | +0.074% | $48K | $334K | 10x | as long as short |
| Nado SKHY-PERP | −0.0056% | 1h | 188.93 | +0.127% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 188.72 | +0.016% | $46K | $882K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.87 | +0.095% | $1.2M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0009% | 1h | 188.83 | +0.074% | $158.4M | $70.5M | 10x | as long as short |
| Lighter SKHYlong | −0.0008% | 1h | 188.69 | long leg | $1.0M | $741K | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 188.91 | +0.119% | $243K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.81 | +0.064% | $55K | $7K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Nado SKHY-PERP
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYUSDT | 0.0000% | 8h | 188.86 | +0.090% | $200.0M | $416.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.88 | +0.101% | $15.5M | $29.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.87 | +0.095% | $44.9M | $74.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.80 | +0.058% | $25.2M | $20.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.17 | +0.255% | $1.6M | $986K | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.15 | +0.245% | $22K | $218K | 10x | as long as short |
| SunX SKHY-USDTshort | 0.0000% | 8h | 189.16 | +0.249% | $692 | $6.2M | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 188.78 | +0.048% | $156K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.79 | +0.053% | $1.5M | $1.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0027% | 1h | 188.73 | +0.021% | $190K | $480K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.79 | +0.053% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.83 | +0.074% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.84 | +0.079% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.81 | +0.064% | $199K | $259K | 20x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.77 | +0.042% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.57 | −0.064% | $525K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.87 | +0.095% | $1.1M | $314K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.80 | +0.058% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.62 | −0.037% | $2.2M | $440K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 189.30 | +0.323% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0259% | 1h | 188.79 | +0.054% | $48K | $19K | 20x | as long as short |
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
HTX SKHY-USDT
Phemex SKHYUSDT
Polymarket Perps SKHY-USD
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD