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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%
Price spread now: Polymarket Perps against Lighter RH+0.010%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$190.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 7 days−0.018%−$2 · spread now +0.010%, 7d avg +0.020%
Together, before fees+0.006%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SKHY192.940.0032pay 0.0004% / 1h12m 55s$1.1M$1.6M10x
ShortPolymarket Perps SKHY-USD192.960.0050get 0.0006% / 1h12m 55s$189K$456K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$3.78
Price spread: +0.010% → +0.020%
−$0.98
Slippage, 4 orders
−$11.41
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$16.6
Costs to cover
0.194%
Break-even
37.7 days
Slippage from Lighter RH: live order book, 5 min ago; Polymarket Perps: live order book, 45 min ago.

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, 5 min ago1.55 bp2.1 bp −$29.3 bp −$93doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 45 min ago3.37 bp7.4 bp −$77.4 bp −$7410.9 bp −$1,092doesn't fit

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−0.0839%4h192.88−0.030%$581K$292K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.052%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.04+0.053%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h192.99+0.028%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.05+0.057%$203.9M$394.2M50xas long as short
Bybit SKHYUSDT0.0000%8h193.05+0.057%$15.7M$27.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.07+0.067%$46.8M$70.1M50xas long as short
Gate SKHY_USDT0.0000%8h193.01+0.036%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h192.91−0.015%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.92−0.010%$23K$205K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.39+0.233%$708$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h193.07+0.067%$161K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h193.10+0.083%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.03+0.047%$1.2M$4.0M10xas long as short
Lighter SKHY+0.0032%1h192.95+0.005%$1.0M$688K10xas long as short
Lighter RH SKHYlong+0.0032%1h192.94long leg$1.1M$1.6M10x
Arcus SKHY-USD+0.0040%1h193.02+0.041%$60K$161K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.00+0.031%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.03+0.047%$202K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.98+0.021%$161.4M$67.9M10xas long as short
Polymarket Perps SKHY-USDshort+0.0050%1h192.96+0.010%$189K$456K10x
SoDEX SKHY-USD+0.0050%1h193.01+0.036%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.90−0.021%$582K$2.4M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.03+0.047%$1.1M$316K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.07+0.067%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.09+0.078%$2.3M$438K50xas long as short
Bitget SKHYUSDT+0.0143%8h193.10+0.083%$25.2M$26.9M20xas long as short
Nado SKHY-PERP+0.0151%1h192.95+0.007%$38K$26K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0216%1h193.09+0.078%$49K$322K10xas long as short
Phoenix SKHY+0.0372%1h193.37+0.223%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1058%1h193.17+0.118%$49K$19K20xas long as short