SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%

Price spread now: Lighter RH against Popdex−0.043%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$180.177% of the position

Long on Popdex Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.043%, 7d avg −0.082%

Together, before fees−0.085%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.039% dearer against Popdex than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.082%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SKHYUSDT	186.80	0.0048	pay 0.0006% / 1h	25m 15s	$193K	$272K	20x
Short	Lighter RH SKHY	186.72	0.0032	get 0.0004% / 1h	25m 15s	$1.0M	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Popdex. 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

Position, each leg$Hold fordaysFee PopdexbpFee Lighter RHbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$3.36
Price spread: −0.043% → −0.082%: $3.95
Slippage, 4 orders: −$11.32
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$17.13
Costs to cover: 0.177%
Break-even: never at this rate

Slippage from Popdex: live order book, 24 min ago; Lighter RH: live order book, 2 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 Popdex live order book, 24 min ago	2.38 bp	6.1 bp −$6	9.6 bp −$96	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	1.88 bp	2.2 bp −$2	10.7 bp −$107	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
Bitget SKHYUSDT	−0.1086%	8h	186.92	+0.064%	$24.8M	$30.7M	20x	as long as short
edgeX SKHYUSDC	−0.0321%	4h	186.14	−0.353%	$561K	$290K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0232%	1h	186.78	−0.011%	$48K	$335K	10x	as long as short
Nado SKHY-PERP	−0.0111%	1h	186.94	+0.075%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0085%	1h	186.76	−0.021%	$157.9M	$73.3M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0063%	1h	186.69	−0.059%	$180K	$487K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	186.71	−0.048%	$47K	$875K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	186.78	−0.011%	$1.2M	$4.1M	10x	as long as short
Lighter SKHY	0.0000%	1h	186.76	−0.021%	$910K	$976K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.75	−0.028%	$228K	$910K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHY-USD	0.0000%	1h	186.67	−0.069%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.72	−0.042%	$198.9M	$426.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.74	−0.032%	$15.7M	$30.0M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.70	−0.054%	$44.2M	$75.7M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.66	−0.075%	$25.1M	$20.5M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.47	−0.174%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.54	−0.139%	$22K	$220K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.04	+0.128%	$685	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.71	−0.048%	$155K	$371K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.79	−0.005%	$1.5M	$1.1M	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0030%	1h	186.56	−0.128%	$514K	$2.6M	10x	as long as short
Lighter RH SKHYshort	+0.0032%	1h	186.72	−0.043%	$1.0M	$1.6M	10x
Arcus SKHY-USD	+0.0040%	1h	186.46	−0.182%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.81	+0.005%	—	$12K	10x	as long as short
Popdex SKHYUSDTlong	+0.0048%	1h	186.80	long leg	$193K	$272K	20x
SoDEX SKHY-USD	+0.0050%	1h	186.63	−0.091%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	186.67	−0.070%	$1.1M	$319K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.73	−0.037%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.69	−0.059%	$2.1M	$410K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	187.06	+0.139%	$210K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0262%	1h	186.84	+0.021%	$47K	$19K	20x	as long as short