Funding you earn now, next payment 01:00 UTC+0.0912%/8h= +99.8% APRpaid last 24h +0.034%
Price spread now: Lighter RH against edgeX−0.046%80s7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$160.159% of the position
Funding, last 7 days−0.697%−$70 on $10k
+Price spread, last 3 days (all we have)−0.162%−$16 · spread now −0.046%, 7d avg −0.076%
=Together, before fees−0.859%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$86 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Lighter RH is 0.030% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.076%. Mind the row above: over the last 7 days funding on this pair cost −0.697%, so the current rate has only just turned in your favour. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKHYUSDC | 193.20 | −0.0880 | get 0.0440% / 4h | 2h 59m | $582K | $291K | 10x |
| Short | Lighter RH SKHY | 193.11 | 0.0032 | get 0.0004% / 1h | 59m 57s | $1.1M | $1.5M | 10x |
edgeX SKHYUSDC
Lighter RH SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. 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
- $191.47
- Price spread: −0.046% → −0.076%
- $3.01
- Slippage, 4 orders
- −$6.86
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $178.62
- Costs to cover
- 0.159%
- Break-even
- 0.5 days
Slippage from edgeX: live order book, 9 min ago; Lighter RH: live order book, 3 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 edgeX live order book, 9 min ago | 1.03 bp | 6.0 bp −$6 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.29 bp | 2.3 bp −$2 | 13.0 bp −$130 | 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 SKHYUSDClong | −0.0880% | 4h | 193.20 | long leg | $582K | $291K | 10x | |
| Nado SKHY-PERP | −0.0023% | 1h | 193.33 | +0.066% | $44K | $20K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.14 | −0.029% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.22 | +0.011% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.26 | +0.033% | $211.4M | $385.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.27 | +0.037% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.29 | +0.047% | $46.9M | $68.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.20 | +0.001% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.13 | −0.035% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.59 | +0.203% | $709 | $6.7M | 10x | as long as short |
Nado SKHY-PERP
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.25 | +0.027% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.19 | −0.004% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.22 | +0.011% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.27 | +0.037% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.15 | −0.025% | $1.0M | $699K | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 193.11 | −0.046% | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 193.25 | +0.027% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.29 | +0.047% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.33 | +0.068% | $197K | $258K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.19 | −0.004% | $163.5M | $66.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.22 | +0.011% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.18 | −0.010% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.39 | +0.099% | $541K | $1.7M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 193.24 | +0.021% | $54K | $870K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.24 | +0.021% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.25 | +0.027% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.19 | −0.004% | $2.2M | $446K | 50x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.41 | +0.109% | $218K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0406% | 8h | 193.39 | +0.099% | $23K | $192K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0427% | 8h | 193.25 | +0.027% | $25.6M | $27.0M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.35 | +0.081% | $51K | $17K | 20x | as long as short |
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD