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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.021%
Price spread now: Lighter RH against Orderly−0.032%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.032% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SKHY_USDC_mythos186.150.0100pay 0.0100% / 8h3m 00s$2K$4K10x
ShortLighter RH SKHY186.090.0032get 0.0004% / 1h3m 00s$1.1M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Orderly. 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: −0.032% → 0.000%
−$3.22
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$23.5
Costs to cover
0.060%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter RH: live order book, 5 min ago. 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 Orderly no order-book sample
Sell Lighter RH live order book, 5 min ago1.61 bp2.2 bp −$211.4 bp −$114doesn't fitdoesn't fit
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
Bitget SKHYUSDT−0.1248%8h186.35+0.107%$25.5M$33.5M20xas long as short
edgeX SKHYUSDC−0.0562%4h186.21+0.032%$561K$290K10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.40+0.134%$48K$21K20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0180%1h186.150.000%$49K$349K10xas long as short
tradeXYZ xyz:SKHY−0.0126%1h186.11−0.021%$158.0M$76.9M10xas long as short
Nado SKHY-PERP−0.0114%1h186.24+0.046%$33K$28K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.768%$68K$788K10xas long as short
KuCoin SKHYUSDTM−0.0066%8h186.12−0.016%$1.1M$352K20xas long as short
QFEX SKHY-USD−0.0061%1h186.150.000%$1.2M$4.3M10xas long as short
Polymarket Perps SKHY-USD−0.0038%1h186.08−0.038%$180K$486K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKHYUSDT0.0000%8h186.28+0.068%$225K$899K50xas long as short
Extended SKHY-USD0.0000%1h186.09−0.033%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.15−0.002%$199.7M$453.2M50xas long as short
Bybit SKHYUSDT0.0000%8h186.12−0.016%$16.0M$30.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.13−0.011%$44.4M$80.2M50xas long as short
Gate SKHY_USDT0.0000%8h186.10−0.027%$25.5M$21.2M75xas long as short
Variational Omni SKHY0.0000%8h186.18+0.016%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.23+0.041%$22K$239K10xas long as short
SunX SKHY-USDT0.0000%8h186.40+0.134%$682$6.0M10xas long as short
HTX SKHY-USDT0.0000%8h186.05−0.054%$154K$363K50xas long as short
Phemex SKHYUSDT0.0000%8h186.17+0.011%$1.5M$1.1M10xas long as short
Popdex SKHYUSDT+0.0008%1h186.17+0.011%$204K$287K20xas long as short
Lighter SKHY+0.0016%1h186.11−0.021%$972K$1.2M10xas long as short
Lighter RH SKHYshort+0.0032%1h186.09−0.032%$1.1M$1.5M10x
Arcus SKHY-USD+0.0040%1h186.14−0.005%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.16+0.005%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.13−0.011%$41K$12K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h186.21+0.032%$520K$2.6M10xas long as short
Orderly PERP_SKHY_USDC_mythoslong+0.0100%8h186.15long leg$2K$4K10x
BloFin SKHY-USDT+0.0120%8h186.14−0.005%$2.2M$427K50xas long as short
Phoenix SKHY+0.0129%1h186.38+0.124%$209K$123K10xas long as short