Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.109%
Price spread now: Hyperliquid against Lighter+0.182%7-day average +0.166% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.433%+$43 on $10k
+Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.182%, 7d avg +0.166%
=Together, before fees+0.238%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$24 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKY | 0.06693 | 0.0096 | pay 0.0012% / 1h | 50m 27s | $176K | $100K | 10x |
| Short | Hyperliquid SKY | 0.06705 | 0.0100 | get 0.0013% / 1h | 50m 27s | $2.8M | $759K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Lighter. 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: +0.182% → +0.166%
- $1.66
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$6.5
- Costs to cover
- 0.090%
- Break-even
- 61.2 days
Slippage unknown: Lighter: live order book, 46 min ago; Hyperliquid: live order book, 4 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 Lighter live order book, 46 min ago | 12.21 bp | 13.3 bp −$13 | 128.1 bp −$1,281 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.31 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
SKY on 18 exchanges
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 | −0.0404% | 4h | 0.06687 | −0.082% | $178K | $82K | — | as long as short |
| Bybit SKYUSDT | −0.0167% | 4h | 0.06690 | −0.040% | $6.9M | $3.2M | 25x | as long as short |
| BloFin SKY-USDT | +0.0091% | 4h | 0.06690 | −0.040% | $570K | $32K | 75x | as long as short |
| Lighter SKYlong | +0.0096% | 1h | 0.06693 | long leg | $176K | $100K | 10x | |
| Nado SKY-PERP | +0.0100% | 1h | 0.06691 | −0.033% | $67K | $35K | 5x | as long as short |
| Hyperliquid SKYshort | +0.0100% | 1h | 0.06705 | +0.182% | $2.8M | $759K | 3x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.06695 | +0.037% | $41K | $37K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06698 | +0.082% | $14.9M | $10.6M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06690 | −0.040% | $784K | $1.0M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06683 | −0.145% | $567K | $255K | 50x | as long as short |
Show all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06699 | +0.094% | $1.2M | $279K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06692 | −0.010% | $390K | $43K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06691 | −0.025% | $2.7M | $1.3M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06696 | +0.049% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06696 | +0.049% | $34K | $649K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06692 | −0.003% | $1K | $4K | 10x | as long as short |
| Injective SKY/USDC PERP | +0.0175% | 1h | 0.06729 | +0.542% | $367 | $303K | 12x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0513% / S −0.0248% | 1h | 0.06701 | +0.123% | $79K | — | 50x | as long as short |
Lighter SKY
Hyperliquid SKY
Variational Omni SKY
Bybit SKYUSDT
BloFin SKY-USDT
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Injective SKY/USDC PERP
GMX SKY/USD [ETH-USDC]