Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Ondo Perps against Lighter RH0.000%7-day average +0.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now 0.000%, 7d avg +0.053%
Together, before fees+0.105%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.053% cheaper against Lighter RH than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.053%). If the spread goes back, that is −$5 on $10k: about 9.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.080% in total) that is about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SKHY193.090.0032pay 0.0004% / 1h58m 26s$1.1M$1.5M10x
ShortOndo Perps SKHY-USD.P193.090.0050get 0.0006% / 1h58m 26s$541K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$3.86
Price spread: 0.000% → +0.053%
−$5.32
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$6.45
Costs to cover
0.050%
Break-even
18.7 days
Slippage unknown: Lighter RH: live order book, 4 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 4 min ago1.29 bp1.8 bp −$28.2 bp −$82doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0880%4h193.20+0.056%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h193.24+0.078%$54K$870K10xas long as short
Aster SKHYUSDT0.0000%8h193.21+0.063%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.13+0.021%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.14+0.025%$211.3M$385.0M50xas long as short
Bybit SKHYUSDT0.0000%8h193.19+0.052%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.17+0.041%$46.9M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.12+0.016%$25.8M$18.5M75xas long as short
Variational Omni SKHY0.0000%8h193.13+0.021%$1.7M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.59+0.259%$709$6.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.29+0.104%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.26+0.088%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.17+0.041%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0002%1h193.11+0.010%$1.2M$4.9M10xas long as short
Nado SKHY-PERP+0.0021%1h193.15+0.031%$44K$20K10xas long as short
Lighter SKHY+0.0032%1h193.07−0.010%$1.0M$654K10xas long as short
Lighter RH SKHYlong+0.0032%1h193.09long leg$1.1M$1.5M10x
Arcus SKHY-USD+0.0040%1h193.23+0.073%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.17+0.041%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.18+0.047%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.10+0.005%$163.4M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.08−0.005%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.22+0.067%$43K$13K10xas long as short
Ondo Perps SKHY-USD.Pshort+0.0050%1h193.090.000%$541K$1.7M10x
KuCoin SKHYUSDTM+0.0100%8h193.22+0.067%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.20+0.057%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.22+0.067%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.166%$218K$119K10xas long as short
GRVT SKHY_USDT_Perp+0.0341%8h193.23+0.073%$22K$192K10xas long as short
Bitget SKHYUSDT+0.0429%8h193.17+0.041%$25.6M$26.6M20xas long as short
Kraken Futures PF_SKHYUSD+0.0705%1h193.32+0.117%$51K$17K20xas long as short