Funding you earn now, next payment 03:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.006%
Price spread now: Lighter against Injective−3.222%7-day average −0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 3 days (all we have)+3.546%+$355 · spread now −3.222%, 7d avg −0.006%
=Together, before fees+3.727%+ Points / potential airdropLighter: Season 3 · farm board+$373 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 3.216% cheaper against Injective than usual: you would sell low and buy high (spread −3.222% now, against its 7-day average of −0.006%). If the spread goes back, that is −$322 on $10k: about 6 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SKY/USDC PERP | 0.07172 | 0.0033 | pay 0.0004% / 1h | 53m 06s | $392 | $303K | 12x |
| Short | Lighter SKY | 0.06941 | 0.0096 | get 0.0012% / 1h | 53m 06s | $181K | $177K | 10x |
Injective SKY/USDC PERP
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: −3.222% → −0.006%
- −$321.58
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$308.44
- Costs to cover
- 0.000%
- Break-even
- 171.1 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 57 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 57 min ago | 14.30 bp | 31.0 bp −$31 | 116.5 bp −$1,165 | doesn't fit | doesn't fit |
Injective: 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.
SKY on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0405% | 4h | 0.06947 | −3.132% | $185K | $126K | — | as long as short |
| Bybit SKYUSDT | −0.0074% | 4h | 0.06937 | −3.277% | $7.3M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERPlong | +0.0033% | 1h | 0.07172 | long leg | $392 | $303K | 12x | |
| Lighter SKYshort | +0.0096% | 1h | 0.06941 | −3.222% | $181K | $177K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06938 | −3.259% | $71K | $29K | 5x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06945 | −3.164% | $42K | $43K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06944 | −3.179% | $15.8M | $11.0M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06940 | −3.235% | $828K | $1.2M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06936 | −3.291% | $596K | $275K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06941 | −3.221% | $1.1M | $269K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06937 | −3.277% | $413K | $295K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06944 | −3.179% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06939 | −3.249% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06922 | −3.486% | $28K | $666K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06945 | −3.166% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0524% / S −0.0248% | 1h | 0.06940 | −3.232% | $82K | — | 50x | as long as short |
| Hyperliquid SKY | +0.0840% | 1h | 0.06956 | −3.019% | $2.9M | $935K | 3x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]
Hyperliquid SKY