Funding you earn now, next payment 08:00 UTC−0.0298%/8h= −32.6% APRnext payment −$0.37 per $10,000 · paid last 24h +0.157%
Price spread now: Kraken Futures against Lighter RH+0.099%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.697%+$70 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.099% dearer against Lighter RH than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 27 hours. Mind the row above: over the last 7 days funding on this pair paid +0.697%, 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 | 186.60 | 0.0032 | pay 0.0004% / 1h | 34m 12s | $1.1M | $1.5M | 10x |
| Short | Kraken Futures PF_SKHYUSD | 186.79 | −0.0266 | pay 0.0033% / 1h | 34m 12s | $48K | $21K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$62.5
- Price spread: +0.099% → 0.000%
- $9.94
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$62.56
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 3 min ago; Kraken Futures: 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 RH live order book, 3 min ago | 1.61 bp | 2.1 bp −$2 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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 | −0.1276% | 8h | 186.86 | +0.139% | $25.4M | $33.1M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0749% | 4h | 186.53 | −0.036% | $562K | $291K | 10x | as long as short |
| Kraken Futures PF_SKHYUSDshort | −0.0266% | 1h | 186.79 | +0.099% | $48K | $21K | 20x | |
| tradeXYZ xyz:SKHY | −0.0226% | 1h | 186.67 | +0.038% | $158.6M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0182% | 1h | 186.71 | +0.060% | $33K | $28K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0152% | 1h | 186.65 | +0.027% | $205K | $288K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0134% | 1h | 186.58 | −0.011% | $180K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.525% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.63 | +0.016% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0037% | 8h | 186.56 | −0.021% | $1.1M | $328K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | −0.0018% | 1h | 186.67 | +0.038% | $49K | $347K | 10x | as long as short |
| Lighter SKHY | −0.0016% | 1h | 186.62 | +0.011% | $975K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.73 | +0.070% | $223K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.62 | +0.010% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.65 | +0.027% | $200.7M | $450.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.68 | +0.043% | $16.7M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.64 | +0.021% | $44.7M | $79.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.66 | +0.032% | $25.6M | $21.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.58 | −0.011% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.65 | +0.027% | $22K | $233K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.95 | +0.188% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.62 | +0.011% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.66 | +0.032% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0014% | 1h | 186.48 | −0.064% | $521K | $2.6M | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 186.60 | long leg | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 186.59 | −0.005% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.61 | +0.005% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.65 | +0.027% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.65 | +0.027% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.61 | +0.005% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.78 | +0.096% | $209K | $123K | 10x | as long as short |
Lighter RH SKHY
Kraken Futures PF_SKHYUSD
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
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
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY