Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.003%
Price spread now: Aster against Lighter RH−0.004%7-day average +0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$180.179% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.004%, 7d avg +0.080%
=Together, before fees+0.063%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.084% cheaper against Lighter RH than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.080%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 189.05 | 0.0032 | pay 0.0004% / 1h | 4m 21s | $1.1M | $1.4M | 10x |
| Short | Aster SKHYUSDT | 189.04 | 0 | get 0.0000% / 8h | 1h 04m | $250K | $902K | 50x |
Lighter RH SKHY
Aster SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter RH. 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
- −$6.72
- Price spread: −0.004% → +0.080%
- −$8.42
- Slippage, 4 orders
- −$9.93
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$33.07
- Costs to cover
- 0.179%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Aster: 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 RH live order book, 3 min ago | 1.85 bp | 2.2 bp −$2 | 6.6 bp −$66 | doesn't fit | doesn't fit |
| Sell Aster live order book, 13 min ago | 0.79 bp | 6.9 bp −$7 | 52.1 bp −$521 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0116% | 4h | 188.92 | −0.067% | $570K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0040% | 1h | 189.09 | +0.022% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0032% | 8h | 188.93 | −0.063% | $1.1M | $300K | 20x | as long as short |
| QFEX SKHY-USD | −0.0001% | 1h | 189.09 | +0.021% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDTshort | 0.0000% | 8h | 189.04 | −0.004% | $250K | $902K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 189.08 | +0.016% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.13 | +0.043% | $212.1M | $379.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.20 | +0.079% | $15.8M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.17 | +0.063% | $46.9M | $61.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.12 | +0.037% | $26.1M | $17.9M | 75x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
KuCoin SKHYUSDTM
QFEX SKHY-USD
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | 0.0000% | 8h | 189.20 | +0.079% | $25.6M | $25.2M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.99 | −0.032% | $1.6M | $2.6M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.09 | +0.021% | $22K | $214K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.31 | +0.138% | $693 | $7.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.03 | −0.011% | $155K | $400K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.09 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 189.05 | 0.000% | $1.0M | $717K | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 189.05 | long leg | $1.1M | $1.4M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 189.10 | +0.026% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.06 | +0.005% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.13 | +0.042% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 189.06 | +0.005% | $164.7M | $64.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.02 | −0.016% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.02 | −0.016% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.02 | −0.016% | $542K | $1.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0067% | 1h | 189.08 | +0.016% | $45K | $238K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.10 | +0.026% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.10 | +0.026% | $2.2M | $432K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0240% | 1h | 188.78 | −0.143% | $168K | $685K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 189.15 | +0.053% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0870% | 1h | 189.22 | +0.089% | $50K | $24K | 20x | as long as short |
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD