Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h +0.009%
Price spread now: Lighter against SunX−0.155%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.155%, 7d avg −0.188%
=Together, before fees−0.039%+ Points / potential airdropLighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.032% dearer against SunX than usual: you sell high and buy low (spread −0.155% now, against its 7-day average of −0.188%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.007% in total) that is about 34 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SKHY-USDT | 186.84 | 0 | get 0.0000% / 8h | 1h 30m | $684 | $6.1M | 10x |
| Short | Lighter SKHY | 186.55 | −0.0096 | pay 0.0012% / 1h | 30m 07s | $954K | $1.1M | 10x |
SunX SKHY-USDT
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- −$20.16
- Price spread: −0.155% → −0.188%
- $3.24
- Slippage, 4 orders
- −$114.98
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$139.9
- Costs to cover
- 1.230%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Lighter: live order book, 6 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 SunX live order book, 9 min ago | 29.49 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.27 bp | 1.3 bp −$1 | 4.2 bp −$42 | 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 | −0.1278% | 8h | 186.85 | +0.005% | $25.1M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0899% | 4h | 186.43 | −0.219% | $562K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0201% | 1h | 186.53 | −0.163% | $33K | $28K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0200% | 1h | 186.54 | −0.161% | $197K | $275K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0195% | 1h | 186.57 | −0.145% | $158.5M | $74.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0184% | 1h | 186.44 | −0.214% | $180K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.65 | −0.099% | $47K | $19K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.487% | $63K | $902K | 10x | as long as short |
| Lighter SKHYshort | −0.0096% | 1h | 186.55 | −0.155% | $954K | $1.1M | 10x | |
| Deribit SKHY_USDC-PERPETUAL | −0.0071% | 1h | 186.63 | −0.112% | $49K | $342K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Nado SKHY-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Coinbase International SKHY-PERP-INTX
Deribit SKHY_USDC-PERPETUALShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps SKHY-USD.P | −0.0064% | 1h | 186.32 | −0.278% | $514K | $2.6M | 10x | as long as short |
| QFEX SKHY-USD | −0.0049% | 1h | 186.52 | −0.171% | $1.2M | $4.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.74 | −0.055% | $226K | $919K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.56 | −0.150% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.61 | −0.121% | $199.2M | $439.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.65 | −0.102% | $15.9M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.51 | −0.177% | $44.6M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.54 | −0.161% | $25.5M | $20.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.43 | −0.218% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.36 | −0.256% | $22K | $228K | 10x | as long as short |
| SunX SKHY-USDTlong | 0.0000% | 8h | 186.84 | long leg | $684 | $6.1M | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 186.54 | −0.161% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.61 | −0.123% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.52 | −0.171% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.35 | −0.262% | $59K | $166K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.58 | −0.139% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.53 | −0.166% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0087% | 8h | 186.53 | −0.166% | $1.1M | $328K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.58 | −0.139% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.47 | −0.198% | $2.2M | $420K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.61 | −0.123% | $209K | $115K | 10x | as long as short |
Ondo Perps SKHY-USD.P
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY