Funding you earn now, next payment 01:00 UTC−0.0181%/8h= −19.8% APRpaid last 24h +0.007%
Price spread now: Lighter against Bitget0.000%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$200.205% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now 0.000%, 7d avg −0.079%
=Together, before fees−0.075%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.079% dearer against Bitget than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.079%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.057% in total) that is about 9.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 193.24 | 0.0213 | pay 0.0213% / 8h | 7h 23m | $25.7M | $26.5M | 20x |
| Short | Lighter SKHY | 193.24 | 0.0032 | get 0.0004% / 1h | 23m 16s | $1.0M | $677K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$38.01
- Price spread: 0.000% → −0.079%
- $7.86
- Slippage, 4 orders
- −$8.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$50.62
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 2 min ago.
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 Bitget live order book, 1 min ago | 0.78 bp | 8.7 bp −$9 | 13.7 bp −$137 | 22.3 bp −$2,232 | 38.3 bp −$19.2K |
| Sell Lighter live order book, 2 min ago | 1.29 bp | 1.9 bp −$2 | 10.2 bp −$102 | doesn't fit | doesn't fit |
SKHY on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0274% | 4h | 193.27 | +0.017% | $583K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0002% | 1h | 193.23 | −0.005% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.00 | −0.123% | $248K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.21 | −0.017% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.25 | +0.005% | $212.1M | $382.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.30 | +0.031% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.29 | +0.026% | $47.0M | $67.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.19 | −0.026% | $25.9M | $18.4M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.27 | +0.017% | $1.6M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.56 | +0.166% | $708 | $6.8M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.26 | +0.010% | $47K | $268K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.17 | −0.036% | $160K | $386K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.23 | −0.005% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.17 | −0.036% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHYshort | +0.0032% | 1h | 193.24 | 0.000% | $1.0M | $677K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 193.23 | −0.005% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.12 | −0.062% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.19 | −0.026% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.22 | −0.010% | $197K | $256K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.15 | −0.047% | $190K | $454K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | +0.010% | $555K | $1.7M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0064% | 1h | 193.17 | −0.036% | $164.9M | $65.0M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 192.17 | −0.554% | $117K | $795K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0091% | 1h | 193.26 | +0.010% | $43K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.10 | −0.072% | $1.1M | $277K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.27 | +0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.36 | +0.062% | $2.2M | $446K | 50x | as long as short |
| Bitget SKHYUSDTlong | +0.0213% | 8h | 193.24 | long leg | $25.7M | $26.5M | 20x | |
| Phoenix SKHY | +0.0335% | 1h | 193.33 | +0.047% | $218K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0554% | 8h | 193.28 | +0.020% | $23K | $195K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.34 | +0.052% | $51K | $22K | 20x | as long as short |
Bitget SKHYUSDT
Lighter SKHY
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD