Funding you earn now, next payment 08:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.003%
Price spread now: KuCoin against Lighter RH+0.005%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$650.646% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 7 days+0.115%+$12 · spread now +0.005%, 7d avg +0.077%
=Together, before fees+0.043%+ Points / potential airdropLighter RH: Points live · farm board+$4 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 KuCoin is 0.071% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 186.17 | 0.0032 | pay 0.0004% / 1h | 6m 53s | $1.1M | $1.5M | 10x |
| Short | KuCoin SKHYUSDTM | 186.18 | −0.0058 | pay 0.0058% / 8h | 6m 53s | $1.1M | $349K | 20x |
Lighter RH SKHY
KuCoin SKHYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$18.9
- Price spread: +0.005% → +0.077%
- −$7.14
- Slippage, 4 orders
- −$52.63
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$90.67
- Costs to cover
- 0.646%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; KuCoin: live order book, 8 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 | 1.61 bp | 2.2 bp −$2 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 2.68 bp | 33.1 bp −$33 | 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 | −0.1249% | 8h | 186.44 | +0.145% | $25.5M | $33.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.34 | +0.091% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0129% | 1h | 186.21 | +0.021% | $158.1M | $76.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0118% | 1h | 186.30 | +0.071% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.757% | $68K | $795K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.21 | +0.021% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTMshort | −0.0058% | 8h | 186.18 | +0.005% | $1.1M | $349K | 20x | |
| Polymarket Perps SKHY-USD | −0.0044% | 1h | 186.16 | −0.005% | $180K | $486K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0018% | 4h | 186.11 | −0.030% | $561K | $290K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.28 | +0.058% | $225K | $899K | 50x | as long as short |
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Polymarket Perps SKHY-USD
edgeX SKHYUSDC
Aster SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 186.17 | −0.001% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.21 | +0.024% | $199.7M | $453.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.24 | +0.038% | $16.6M | $29.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.18 | +0.005% | $44.5M | $80.0M | 50x | as long as short |
| Popdex SKHYUSDT | 0.0000% | 1h | 186.25 | +0.043% | $204K | $287K | 20x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.21 | +0.021% | $25.5M | $21.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.12 | −0.026% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.15 | −0.011% | $22K | $238K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.51 | +0.183% | $683 | $6.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.27 | +0.054% | $49K | $348K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.16 | −0.005% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.26 | +0.048% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 186.20 | +0.016% | $973K | $1.2M | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 186.17 | long leg | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 186.18 | +0.005% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.13 | −0.021% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.22 | +0.027% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.05 | −0.064% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.24 | +0.038% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.17 | 0.000% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.40 | +0.124% | $209K | $123K | 10x | as long as short |
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Popdex SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY