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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 193.09 | 0.0032 | pay 0.0004% / 1h | 58m 26s | $1.1M | $1.5M | 10x |
| Short | Ondo Perps SKHY-USD.P | 193.09 | 0.0050 | get 0.0006% / 1h | 58m 26s | $541K | $1.7M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 4 min ago | 1.29 bp | 1.8 bp −$2 | 8.2 bp −$82 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0880% | 4h | 193.20 | +0.056% | $582K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 193.24 | +0.078% | $54K | $870K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.21 | +0.063% | $249K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.13 | +0.021% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.14 | +0.025% | $211.3M | $385.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.19 | +0.052% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.17 | +0.041% | $46.9M | $68.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.12 | +0.016% | $25.8M | $18.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.13 | +0.021% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.59 | +0.259% | $709 | $6.7M | 10x | 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 | 0.0000% | 1h | 193.29 | +0.104% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.26 | +0.088% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.17 | +0.041% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 193.11 | +0.010% | $1.2M | $4.9M | 10x | as long as short |
| Nado SKHY-PERP | +0.0021% | 1h | 193.15 | +0.031% | $44K | $20K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.07 | −0.010% | $1.0M | $654K | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 193.09 | long leg | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 193.23 | +0.073% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.17 | +0.041% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.18 | +0.047% | $197K | $258K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.10 | +0.005% | $163.4M | $66.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.08 | −0.005% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.22 | +0.067% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.Pshort | +0.0050% | 1h | 193.09 | 0.000% | $541K | $1.7M | 10x | |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.22 | +0.067% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.20 | +0.057% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.22 | +0.067% | $2.2M | $446K | 50x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.41 | +0.166% | $218K | $119K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0341% | 8h | 193.23 | +0.073% | $22K | $192K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0429% | 8h | 193.17 | +0.041% | $25.6M | $26.6M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0705% | 1h | 193.32 | +0.117% | $51K | $17K | 20x | as long as short |
Lighter RH SKHY
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD