Funding you earn now, next payment 01:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: tradeXYZ against Lighter RH+0.041%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.235% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now +0.041%, 7d avg +0.060%
=Together, before fees+0.020%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 193.11 | 0.0032 | pay 0.0004% / 1h | 59m 55s | $1.1M | $1.5M | 10x |
| Short | tradeXYZ xyz:SKHY | 193.19 | 0.0050 | get 0.0006% / 1h | 59m 55s | $163.5M | $66.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: +0.041% → +0.060%
- −$1.85
- Slippage, 4 orders
- −$5.52
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$21.59
- Costs to cover
- 0.235%
- Break-even
- 47.0 days
Slippage from Lighter RH: live order book, 3 min ago; tradeXYZ: live order book, 10 min ago.
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, 3 min ago | 1.29 bp | 1.8 bp −$2 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.26 bp | 9.3 bp −$9 | 11.0 bp −$110 | doesn't fit | doesn't fit |
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 | +0.046% | $582K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0023% | 1h | 193.33 | +0.112% | $44K | $20K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.23 | +0.060% | $249K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.22 | +0.057% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.26 | +0.077% | $211.4M | $385.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.29 | +0.093% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.31 | +0.104% | $46.9M | $68.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.22 | +0.057% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.13 | +0.011% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.59 | +0.249% | $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 | 193.25 | +0.072% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.19 | +0.041% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.22 | +0.057% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.27 | +0.083% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.15 | +0.021% | $1.0M | $699K | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 193.11 | long leg | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 193.25 | +0.072% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.29 | +0.093% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.33 | +0.114% | $197K | $258K | 20x | as long as short |
| tradeXYZ xyz:SKHYshort | +0.0050% | 1h | 193.19 | +0.041% | $163.5M | $66.7M | 10x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.22 | +0.057% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.18 | +0.036% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.39 | +0.145% | $541K | $1.7M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 193.24 | +0.067% | $54K | $870K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.31 | +0.104% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.25 | +0.072% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.19 | +0.041% | $2.2M | $446K | 50x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.41 | +0.155% | $218K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0406% | 8h | 193.39 | +0.145% | $23K | $192K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0427% | 8h | 193.25 | +0.072% | $25.7M | $27.0M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.35 | +0.127% | $51K | $17K | 20x | as long as short |
Lighter RH SKHY
tradeXYZ xyz:SKHY
edgeX SKHYUSDC
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
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD