SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Binance against Lighter−0.006%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$610.612% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.006%, 7d avg −0.011%

Together, before fees−0.002%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SKY	0.07040	0.0096	pay 0.0012% / 1h	27m 38s	$190K	$171K	10x
Short	Binance SKYUSDT	0.07040	0.0100	get 0.0050% / 4h	3h 27m	$16.2M	$10.8M	75x

Funding history

latest

Range statsloading…

Binance against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee LighterbpFee BinancebpOrdersPrice spread, now −0.006%Rate

Slippage from Lighter: live order book, 28 min ago; Binance: live order book, 13 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 28 min ago	13.52 bp	14.9 bp −$15	102.7 bp −$1,027	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.72 bp	16.4 bp −$16	58.2 bp −$582	287.2 bp −$28.7K	doesn't fit

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	−0.0582%	4h	0.07032	−0.121%	$201K	$127K	—	as long as short
Bybit SKYUSDT	−0.0201%	4h	0.07030	−0.148%	$7.6M	$3.5M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+1.869%	$392	$303K	12x	as long as short
BloFin SKY-USDT	+0.0045%	4h	0.07044	+0.051%	$592K	$30K	75x	as long as short
Nado SKY-PERP	+0.0067%	1h	0.07042	+0.023%	$69K	$27K	5x	as long as short
Lighter SKYlong	+0.0096%	1h	0.07040	long leg	$190K	$171K	10x
Hyperliquid SKY	+0.0100%	1h	0.07049	+0.126%	$2.9M	$899K	3x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.07041	+0.013%	$42K	$44K	20x	as long as short
Binance SKYUSDTshort	+0.0100%	4h	0.07040	−0.006%	$16.2M	$10.8M	75x
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07040	−0.006%	$845K	$1.3M	20x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SKY_USDT	+0.0100%	4h	0.07032	−0.119%	$591K	$265K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07039	−0.020%	$1.0M	$284K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.07032	−0.119%	$411K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07038	−0.034%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07036	−0.062%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07042	+0.023%	$24K	$680K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07042	+0.016%	$945	$3K	10x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0526% / S −0.0248%	1h	0.07038	−0.031%	$83K	—	50x	as long as short