Funding you earn now, next payment 06:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.07 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against SoDEX−0.032%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.032% cheaper against SoDEX 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SKHY-USD | 188.76 | 0.0050 | pay 0.0006% / 1h | 45m 07s | $42K | $13K | 10x |
| Short | Lighter SKHY | 188.70 | −0.0008 | pay 0.0001% / 1h | 45m 07s | $1.0M | $741K | 10x |
SoDEX SKHY-USD
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- −$12.18
- Price spread: −0.032% → 0.000%
- −$3.18
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$23.36
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 35 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 35 min ago | 1.06 bp | 1.8 bp −$2 | 14.7 bp −$147 | doesn't fit | doesn't fit |
SoDEX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0700% | 4h | 188.57 | −0.099% | $568K | $292K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0534% | 8h | 188.88 | +0.064% | $24.4M | $29.7M | 20x | as long as short |
| Nado SKHY-PERP | −0.0052% | 1h | 188.98 | +0.116% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 188.72 | −0.021% | $46K | $882K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.88 | +0.064% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHYshort | −0.0008% | 1h | 188.70 | −0.032% | $1.0M | $741K | 10x | |
| tradeXYZ xyz:SKHY | −0.0005% | 1h | 188.74 | −0.011% | $158.3M | $70.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.81 | +0.026% | $243K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.80 | +0.023% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.73 | −0.017% | $199.9M | $416.3M | 50x | as long as short |
edgeX SKHYUSDC
Bitget SKHYUSDT
Nado SKHY-PERP
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYUSDT | 0.0000% | 8h | 188.75 | −0.005% | $15.5M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.71 | −0.026% | $44.9M | $74.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.68 | −0.042% | $25.2M | $20.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.80 | +0.022% | $1.6M | $986K | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.82 | +0.032% | $22K | $218K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.13 | +0.196% | $692 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.82 | +0.032% | $48K | $334K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.76 | 0.000% | $156K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.74 | −0.011% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.70 | −0.032% | $1.0M | $1.5M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0034% | 1h | 188.78 | +0.011% | $190K | $480K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.82 | +0.032% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.88 | +0.064% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.94 | +0.095% | $199K | $259K | 20x | as long as short |
| SoDEX SKHY-USDlong | +0.0050% | 1h | 188.76 | long leg | $42K | $13K | 10x | |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.57 | −0.101% | $525K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.84 | +0.042% | $1.1M | $315K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.86 | +0.053% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.74 | −0.011% | $2.2M | $441K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 189.30 | +0.286% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0259% | 1h | 188.82 | +0.034% | $48K | $19K | 20x | as long as short |
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Polymarket Perps SKHY-USD
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD