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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SKHY193.110.0032pay 0.0004% / 1h59m 55s$1.1M$1.5M10x
ShorttradeXYZ xyz:SKHY193.190.0050get 0.0006% / 1h59m 55s$163.5M$66.7M10x

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 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: +0.041% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago1.29 bp1.8 bp −$28.2 bp −$82doesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago0.26 bp9.3 bp −$911.0 bp −$110doesn't fitdoesn'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−0.0880%4h193.20+0.046%$582K$291K10xas long as short
Nado SKHY-PERP−0.0023%1h193.33+0.112%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.23+0.060%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.22+0.057%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.26+0.077%$211.4M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.29+0.093%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.31+0.104%$46.9M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.22+0.057%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.13+0.011%$1.7M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.59+0.249%$709$6.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.25+0.072%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.19+0.041%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.22+0.057%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.27+0.083%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.15+0.021%$1.0M$699K10xas long as short
Lighter RH SKHYlong+0.0032%1h193.11long leg$1.1M$1.5M10x
Arcus SKHY-USD+0.0040%1h193.25+0.072%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.29+0.093%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.33+0.114%$197K$258K20xas long as short
tradeXYZ xyz:SKHYshort+0.0050%1h193.19+0.041%$163.5M$66.7M10x
Polymarket Perps SKHY-USD+0.0050%1h193.22+0.057%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.18+0.036%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.39+0.145%$541K$1.7M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h193.24+0.067%$54K$870K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.31+0.104%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.25+0.072%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.19+0.041%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.155%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0406%8h193.39+0.145%$23K$192K10xas long as short
Bitget SKHYUSDT+0.0427%8h193.25+0.072%$25.7M$27.0M20xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.35+0.127%$51K$17K20xas long as short