Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget+0.059%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+1.312%+$131 · spread now +0.059%, 7d avg +0.070%
=Together, before fees+1.304%+ Points / potential airdropLighter: Season 3 · farm board+$130 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKYUSDT | 0.06762 | 0.0100 | pay 0.0050% / 4h | 2h 59m | $2.8M | $1.5M | 75x |
| Short | Lighter SKY | 0.06766 | 0.0096 | get 0.0012% / 1h | 59m 15s | $178K | $106K | 10x |
Bitget SKYUSDT
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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: +0.059% → +0.070%
- −$1.11
- Slippage, 4 orders
- −$95.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$109.11
- Costs to cover
- 1.072%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; Lighter: live order book, 15 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 Bitget live order book, 3 min ago | 3.69 bp | 30.0 bp −$30 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 15 min ago | 9.93 bp | 45.5 bp −$45 | 133.9 bp −$1,339 | 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 | −0.0125% | 4h | 0.06759 | −0.044% | $7.0M | $3.3M | 25x | as long as short |
| Variational Omni SKY | −0.0101% | 4h | 0.06759 | −0.041% | $181K | $94K | — | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +1.937% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0087% | 4h | 0.06775 | +0.192% | $570K | $25K | 75x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.06766 | +0.059% | $178K | $106K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06764 | +0.037% | $68K | $35K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06776 | +0.204% | $2.8M | $921K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06772 | +0.145% | $41K | $45K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06766 | +0.065% | $15.1M | $11.7M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06761 | −0.015% | $791K | $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 | 0.06756 | −0.089% | $573K | $283K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06767 | +0.074% | $997K | $258K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06772 | +0.148% | $402K | $281K | 50x | as long as short |
| Bitget SKYUSDTlong | +0.0100% | 4h | 0.06762 | long leg | $2.8M | $1.5M | 75x | |
| BingX SKY-USDT | +0.0100% | 4h | 0.06761 | −0.015% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06774 | +0.177% | $34K | $651K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06764 | +0.037% | $1K | $5K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0517% / S −0.0249% | 1h | 0.06774 | +0.180% | $80K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]