Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.003%
Price spread now: Lighter against Orderly+0.058%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.058% dearer against Orderly than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SKY_USDC_mythos | 0.06741 | 0.0100 | pay 0.0050% / 4h | 1h 49m | $1K | $4K | 10x |
| Short | Lighter SKY | 0.06745 | 0.0096 | get 0.0012% / 1h | 49m 00s | $178K | $101K | 10x |
Orderly PERP_SKY_USDC_mythos
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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: +0.058% → 0.000%
- $5.79
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.05
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 56 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 56 min ago | 11.28 bp | 31.5 bp −$31 | 136.4 bp −$1,364 | doesn't fit | doesn't fit |
Orderly: 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 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 | −0.0407% | 4h | 0.06739 | −0.034% | $180K | $83K | — | as long as short |
| Bybit SKYUSDT | −0.0269% | 4h | 0.06736 | −0.076% | $6.9M | $3.2M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.06893 | +2.253% | $376 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0079% | 1h | 0.06743 | +0.032% | $67K | $35K | 5x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.06745 | +0.058% | $178K | $101K | 10x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.06749 | +0.111% | $42K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06744 | +0.038% | $15.0M | $10.6M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06738 | −0.046% | $785K | $1.0M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06736 | −0.076% | $570K | $259K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06744 | +0.043% | $1.2M | $270K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06748 | +0.102% | $398K | $274K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06738 | −0.046% | $2.8M | $1.3M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06743 | +0.028% | — | $2.5M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06750 | +0.132% | $34K | $648K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythoslong | +0.0100% | 4h | 0.06741 | long leg | $1K | $4K | 10x | |
| Hyperliquid SKY | +0.0100% | 1h | 0.06753 | +0.174% | $2.8M | $787K | 3x | as long as short |
| BloFin SKY-USDT | +0.0150% | 4h | 0.06756 | +0.221% | $575K | $32K | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0516% / S −0.0249% | 1h | 0.06749 | +0.116% | $80K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Hyperliquid SKY
BloFin SKY-USDT
GMX SKY/USD [ETH-USDC]