SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Lighter against Nado−0.014%47s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · Lighter: Season 3 · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SKY-PERP	0.07008	0.0100	pay 0.0012% / 1h	1m 39s	$70K	$28K	5x
Short	Lighter SKY	0.07007	0.0096	get 0.0012% / 1h	1m 39s	$183K	$181K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee LighterbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$0.84
Price spread: −0.014% → 0.000%: −$1.43
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$9.27
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Nado: no order-book sample; Lighter: live order book, 54 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 Nado no order-book sample	—	—	—	—	—
Sell Lighter live order book, 54 min ago	13.52 bp	14.7 bp −$15	112.8 bp −$1,128	doesn't fit	doesn't fit

Nado: 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 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
Variational Omni SKY	−0.0552%	4h	0.07023	+0.217%	$202K	$118K	—	as long as short
Bybit SKYUSDT	−0.0264%	4h	0.06999	−0.128%	$7.5M	$3.4M	25x	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.07172	+2.340%	$392	$303K	12x	as long as short
Lighter SKYshort	+0.0096%	1h	0.07007	−0.014%	$183K	$181K	10x
Nado SKY-PERPlong	+0.0100%	1h	0.07008	long leg	$70K	$28K	5x
Aster SKYUSDT	+0.0100%	4h	0.07004	−0.059%	$42K	$44K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.07010	+0.023%	$16.1M	$10.9M	75x	as long as short
OKX SKY-USDT-SWAP	+0.0100%	4h	0.07008	0.000%	$841K	$1.3M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06996	−0.171%	$587K	$266K	50x	as long as short
MEXC SKY_USDT	+0.0100%	4h	0.07008	0.000%	$1.0M	$286K	100x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin SKYUSDTM	+0.0100%	4h	0.07010	+0.029%	$411K	$293K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.07005	−0.043%	$2.9M	$1.6M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.07006	−0.029%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.07019	+0.157%	$24K	$680K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.07009	+0.013%	$940	$3K	10x	as long as short
BloFin SKY-USDT	+0.0103%	4h	0.07029	+0.300%	$596K	$30K	75x	as long as short
Hyperliquid SKY	+0.0175%	1h	0.07015	+0.094%	$2.9M	$904K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0526% / S −0.0248%	1h	0.07008	−0.004%	$83K	—	50x	as long as short