Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni+0.466%78s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)−0.668%−$67 · spread now +0.466%, 7d avg −0.010%
=Together, before fees−0.562%+ Points / potential airdropLighter: Season 3 · farm board−$56 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.475% dearer against ApeX Omni than usual: you sell high and buy low, +$48 on $10k if it goes back to its 7-day average of −0.010%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SKYUSDT | 0.06852 | 0.0100 | pay 0.0013% / 1h | 5m 57s | $27K | $645K | 50x |
| Short | Lighter SKY | 0.06884 | 0.0096 | get 0.0012% / 1h | 5m 57s | $180K | $119K | 10x |
ApeX Omni SKYUSDT
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- −$0.84
- Price spread: +0.466% → −0.010%
- $47.52
- Slippage, 4 orders
- −$92.6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$55.93
- Costs to cover
- 1.026%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 42 min ago; Lighter: live order book, 24 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 ApeX Omni live order book, 42 min ago | 6.54 bp | 14.1 bp −$14 | 103.3 bp −$1,033 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 24 min ago | 13.08 bp | 43.8 bp −$44 | 131.0 bp −$1,310 | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +0.598% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | +0.0072% | 4h | 0.06844 | −0.112% | $183K | $113K | — | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.06884 | +0.466% | $180K | $119K | 10x | |
| BloFin SKY-USDT | +0.0096% | 4h | 0.06887 | +0.511% | $579K | $29K | 75x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06883 | +0.449% | $72K | $31K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06893 | +0.606% | $2.8M | $887K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06880 | +0.412% | $42K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06889 | +0.540% | $15.7M | $11.2M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06877 | +0.365% | $7.2M | $3.0M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06879 | +0.394% | $809K | $1.1M | 20x | as long as short |
Injective SKY/USDC PERP
Variational Omni SKY
BloFin SKY-USDT
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | +0.0100% | 4h | 0.06871 | +0.277% | $587K | $296K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06888 | +0.525% | $1.0M | $269K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06872 | +0.292% | $403K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06884 | +0.467% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06877 | +0.365% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.06852 | long leg | $27K | $645K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06880 | +0.413% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06884 | +0.470% | $82K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]