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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.018%
Price spread now: Orderly against Lighter RH+0.153%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.153% dearer against Lighter RH than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SKHY189.320.0032pay 0.0004% / 1h14m 39s$1.1M$1.4M10x
ShortOrderly PERP_SKHY_USDC_mythos189.610.0100get 0.0100% / 8h14m 39s$2K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$14.28
Price spread: +0.153% → 0.000%
$15.32
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$23.6
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 3 min ago; Orderly: 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, 3 min ago1.58 bp2.0 bp −$26.1 bp −$61doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0648%4h189.61+0.154%$572K$291K10xas long as short
Nado SKHY-PERP−0.0043%1h189.63+0.161%$28K$2K10xas long as short
QFEX SKHY-USD0.0000%1h189.58+0.137%$1.2M$5.3M10xas long as short
Aster SKHYUSDT0.0000%8h189.63+0.163%$252K$903K50xas long as short
Extended SKHY-USD0.0000%1h189.57+0.134%$55K$4K10xas long as short
Binance SKHYUSDT0.0000%8h189.44+0.062%$211.9M$378.0M50xas long as short
Bybit SKHYUSDT0.0000%8h189.45+0.069%$15.7M$27.0M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.38+0.032%$47.2M$61.4M50xas long as short
Gate SKHY_USDT0.0000%8h189.59+0.143%$26.1M$17.8M75xas long as short
Bitget SKHYUSDT0.0000%8h189.38+0.032%$25.4M$25.8M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h189.62+0.157%$1.6M$2.5Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.64+0.170%$22K$208K10xas long as short
SunX SKHY-USDT0.0000%8h189.83+0.269%$695$7.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.60+0.148%$46K$259K10xas long as short
HTX SKHY-USDT0.0000%8h189.64+0.169%$155K$401K50xas long as short
Phemex SKHYUSDT0.0000%8h189.55+0.121%$1.5M$1.1M10xas long as short
KuCoin SKHYUSDTM+0.0012%8h189.47+0.079%$1.1M$282K20xas long as short
Lighter SKHY+0.0032%1h189.33+0.005%$1.0M$691K10xas long as short
Lighter RH SKHYlong+0.0032%1h189.32long leg$1.1M$1.4M10x
Arcus SKHY-USD+0.0040%1h189.39+0.037%$56K$155K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.59+0.143%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.57+0.132%$202K$241K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h189.58+0.137%$164.5M$65.2M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.55+0.121%$170K$952K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.57+0.132%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.65+0.174%$558K$1.2M10xas long as short
Orderly PERP_SKHY_USDC_mythosshort+0.0100%8h189.61+0.153%$2K$4K10x
BloFin SKHY-USDT+0.0120%8h189.55+0.121%$2.2M$415K50xas long as short
Coinbase International SKHY-PERP-INTX+0.0128%1h189.72+0.211%$169K$687K10xas long as short
Phoenix SKHY+0.0380%1h189.87+0.291%$214K$128K10xas long as short
Kraken Futures PF_SKHYUSD+0.0951%1h189.67+0.186%$50K$24K20xas long as short