Funding you earn now, next payment 05:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h −0.034%
Price spread now: Nado against Lighter RH+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · Nado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.051% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 190.75 | 0.0032 | pay 0.0004% / 1h | 42m 34s | $1.1M | $1.4M | 10x |
| Short | Nado SKHY-PERP | 190.85 | 0.0106 | get 0.0013% / 1h | 42m 34s | $34K | $28K | 10x |
Lighter RH SKHY
Nado SKHY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $15.61
- Price spread: +0.051% → 0.000%
- $5.14
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $13.75
- Costs to cover
- 0.070%
- Break-even
- 0.8 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Nado: 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, 5 min ago | 1.57 bp | 2.5 bp −$2 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0765% | 4h | 190.76 | +0.006% | $575K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.096% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.87 | +0.063% | $248K | $892K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 190.76 | +0.005% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 190.87 | +0.062% | $200.6M | $402.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.87 | +0.063% | $15.5M | $28.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.88 | +0.068% | $45.6M | $73.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 190.82 | +0.037% | $25.6M | $19.4M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.93 | +0.094% | $24.5M | $28.2M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 190.79 | +0.022% | $1.6M | $1.1M | — | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.68 | −0.038% | $22K | $211K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.99 | +0.126% | $699 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 190.66 | −0.047% | $159K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 191.03 | +0.147% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0005% | 1h | 190.82 | +0.037% | $159.5M | $69.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 190.79 | +0.021% | $1.2M | $4.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0012% | 1h | 190.72 | −0.016% | $48K | $325K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 190.71 | −0.021% | $1.0M | $691K | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 190.75 | long leg | $1.1M | $1.4M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 190.67 | −0.042% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.80 | +0.026% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.88 | +0.068% | $201K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.79 | +0.021% | $182K | $460K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 190.59 | −0.084% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.48 | −0.142% | $576K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.74 | −0.005% | $1.1M | $321K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.73 | −0.010% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERPshort | +0.0106% | 1h | 190.85 | +0.051% | $34K | $28K | 10x | |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.73 | −0.010% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.77 | +0.010% | $214K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0687% | 1h | 190.80 | +0.028% | $48K | $19K | 20x | as long as short |
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
QFEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
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