Funding you earn now, next payment 09:00 UTC+0.1184%/8h= +129.6% APRpaid last 24h +0.135%
Price spread now: Lighter RH against Bitget−0.141%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.141%, 7d avg −0.103%
=Together, before fees+0.129%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.103%). If the spread goes back, that is −$4 on $10k: about 3 hours of funding at the current rate (+$36 a day). At the pace of the last 7 days (+0.113% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 184.93 | −0.1152 | get 0.1152% / 8h | 7h 20m | $25.4M | $35.1M | 20x |
| Short | Lighter RH SKHY | 184.67 | 0.0032 | get 0.0004% / 1h | 20m 24s | $1.1M | $1.5M | 10x |
Bitget SKHYUSDT
Lighter RH SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $248.64
- Price spread: −0.141% → −0.103%
- −$3.8
- Slippage, 4 orders
- −$9.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $223.1
- Costs to cover
- 0.217%
- Break-even
- 0.7 days
Slippage from Bitget: live order book, 8 min ago; Lighter RH: 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, 8 min ago | 0.54 bp | 8.4 bp −$8 | 14.1 bp −$141 | 19.3 bp −$1,934 | 40.4 bp −$20.2K |
| Sell Lighter RH live order book, 2 min ago | 1.90 bp | 2.5 bp −$2 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTlong | −0.1152% | 8h | 184.93 | long leg | $25.4M | $35.1M | 20x | |
| KuCoin SKHYUSDTM | −0.0246% | 8h | 184.66 | −0.146% | $1.1M | $375K | 20x | as long as short |
| edgeX SKHYUSDC | −0.0224% | 4h | 184.38 | −0.295% | $556K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0198% | 8h | 184.46 | −0.254% | $22K | $246K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0051% | 1h | 184.77 | −0.087% | $156.6M | $77.9M | 10x | as long as short |
| Extended SKHY-USD | −0.0048% | 1h | 184.79 | −0.078% | $53K | $7K | 10x | as long as short |
| Binance SKHYUSDT | −0.0047% | 8h | 184.80 | −0.070% | $195.9M | $465.0M | 50x | as long as short |
| Nado SKHY-PERP | −0.0032% | 1h | 184.88 | −0.028% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 184.84 | −0.049% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni SKHY | −0.0022% | 8h | 184.84 | −0.050% | $1.6M | $1.0M | — | as long as short |
KuCoin SKHYUSDTM
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
tradeXYZ xyz:SKHY
Extended SKHY-USD
Binance SKHYUSDT
Nado SKHY-PERP
QFEX SKHY-USD
Variational Omni SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 184.65 | −0.153% | $265K | $951K | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 184.82 | −0.059% | $16.0M | $33.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.83 | −0.054% | $43.7M | $81.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.76 | −0.092% | $25.6M | $21.8M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 185.08 | +0.081% | $677 | $5.9M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 184.94 | +0.005% | $47K | $354K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 184.72 | −0.114% | $153K | $375K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.88 | −0.027% | $1.5M | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 183.79 | −0.616% | $66K | $750K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 184.59 | −0.184% | $980K | $1.3M | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 184.67 | −0.141% | $1.1M | $1.5M | 10x | |
| Ondo Perps SKHY-USD.P | +0.0039% | 1h | 184.81 | −0.065% | $510K | $2.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 184.70 | −0.124% | $59K | $173K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.74 | −0.103% | — | $38K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 184.80 | −0.070% | $199K | $295K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.75 | −0.097% | $179K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.76 | −0.092% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0067% | 8h | 184.83 | −0.054% | $2.1M | $446K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.76 | −0.092% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 184.94 | +0.007% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 184.57 | −0.195% | $207K | $123K | 10x | as long as short |
Aster SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Ondo Perps SKHY-USD.P
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Orderly PERP_SKHY_USDC_mythos
Kraken Futures PF_SKHYUSD
Phoenix SKHY