Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.071%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+1.185%+$119 · spread now +0.071%, 7d avg +0.068%
=Together, before fees+1.177%+ Points / potential airdropLighter: Season 3 · farm board+$118 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKY-USDT | 0.06749 | 0.0100 | pay 0.0050% / 4h | 3h 26m | — | $2.5M | — |
| Short | Lighter SKY | 0.06754 | 0.0096 | get 0.0012% / 1h | 26m 37s | $178K | $105K | 10x |
BingX SKY-USDT
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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: +0.071% → +0.068%
- $0.36
- Slippage, 4 orders
- −$52.26
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$62.74
- Costs to cover
- 0.623%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Lighter: live order book, 53 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 BingX live order book, 7 min ago | 2.95 bp | 13.8 bp −$14 | 52.2 bp −$522 | 258.7 bp −$25.9K | 950.8 bp −$475.4K |
| Sell Lighter live order book, 53 min ago | 11.01 bp | 15.4 bp −$15 | 130.4 bp −$1,304 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.0148% | 4h | 0.06747 | −0.030% | $7.1M | $3.3M | 25x | as long as short |
| Variational Omni SKY | −0.0025% | 4h | 0.06766 | +0.250% | $181K | $98K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +2.134% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0044% | 4h | 0.06762 | +0.193% | $578K | $28K | 75x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.06754 | +0.071% | $178K | $105K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06752 | +0.041% | $67K | $35K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06769 | +0.302% | $2.8M | $943K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06763 | +0.209% | $41K | $45K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06757 | +0.119% | $15.1M | $11.6M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06749 | 0.000% | $792K | $1.2M | 20x | as long as short |
Bybit SKYUSDT
Variational Omni SKY
Injective SKY/USDC PERP
BloFin SKY-USDT
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance 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 | 0.06747 | −0.030% | $578K | $295K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06751 | +0.030% | $994K | $268K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06760 | +0.163% | $401K | $293K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06745 | −0.059% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDTlong | +0.0100% | 4h | 0.06749 | long leg | — | $2.5M | — | |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06773 | +0.356% | $34K | $654K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06754 | +0.081% | $1K | $5K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0518% / S −0.0248% | 1h | 0.06756 | +0.099% | $80K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]