Funding you earn now, next payment 05:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.174%
Price spread now: edgeX against Lighter RH−0.105%7-day average +0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs+$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$170.168% of the position
Funding, last 7 days+0.546%+$55 on $10k
+Price spread, last 4 days (all we have)+0.376%+$38 · spread now −0.105%, 7d avg +0.078%
=Together, before fees+0.921%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$92 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.184% cheaper against Lighter RH than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.078%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.546%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 188.76 | 0.0032 | pay 0.0004% / 1h | 6m 58s | $1.0M | $1.5M | 10x |
| Short | edgeX SKHYUSDC | 188.56 | −0.0055 | pay 0.0027% / 4h | 3h 06m | $568K | $290K | 10x |
Lighter RH SKHY
edgeX SKHYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$18.17
- Price spread: −0.105% → +0.078%
- −$18.35
- Slippage, 4 orders
- −$7.77
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$53.29
- Costs to cover
- 0.168%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; edgeX: live order book, 47 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, 1 min ago | 1.33 bp | 2.0 bp −$2 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 47 min ago | 1.04 bp | 5.9 bp −$6 | 11.1 bp −$111 | 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 | −0.0283% | 8h | 188.89 | +0.069% | $24.3M | $29.4M | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.583% | $36K | $876K | 10x | as long as short |
| edgeX SKHYUSDCshort | −0.0055% | 4h | 188.56 | −0.105% | $568K | $290K | 10x | |
| tradeXYZ xyz:SKHY | −0.0019% | 1h | 188.82 | +0.032% | $158.4M | $70.0M | 10x | as long as short |
| Lighter SKHY | 0.0000% | 1h | 188.76 | 0.000% | $995K | $747K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.95 | +0.098% | $244K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.81 | +0.027% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.91 | +0.079% | $199.3M | $412.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.95 | +0.101% | $15.4M | $29.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.90 | +0.074% | $44.7M | $73.6M | 50x | as long as short |
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 188.88 | +0.064% | $25.3M | $19.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.50 | −0.138% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.60 | −0.085% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.10 | +0.180% | $692 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.82 | +0.032% | $48K | $330K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.88 | +0.064% | $157K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.99 | +0.122% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.92 | +0.085% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0014% | 1h | 188.95 | +0.101% | $33K | $28K | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 188.76 | long leg | $1.0M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 188.74 | −0.011% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.87 | +0.058% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.93 | +0.090% | $199K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.81 | +0.026% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.77 | +0.005% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.60 | −0.085% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.88 | +0.064% | $1.1M | $313K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.90 | +0.074% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.86 | +0.053% | $2.2M | $437K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 188.76 | 0.000% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0694% | 1h | 188.83 | +0.035% | $48K | $19K | 20x | as long as short |
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Nado SKHY-PERP
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD