Funding you earn now, next payment 05:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.010%
Price spread now: Lighter against Gate+0.032%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.032%, 7d avg −0.053%
=Together, before fees−0.091%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.085% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 188.93 | 0 | get 0.0000% / 8h | 3h 03m | $25.3M | $19.9M | 75x |
| Short | Lighter SKHY | 188.99 | 0.0008 | get 0.0001% / 1h | 3m 50s | $996K | $747K | 10x |
Gate SKHY_USDT
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $1.68
- Price spread: +0.032% → −0.053%
- $8.46
- Slippage, 4 orders
- −$17.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.56
- Costs to cover
- 0.327%
- Break-even
- 101.0 days
Slippage from Gate: live order book, 5 min ago; Lighter: live order book, 17 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 Gate live order book, 5 min ago | 1.06 bp | 16.6 bp −$17 | 25.7 bp −$257 | 31.3 bp −$3,129 | 55.7 bp −$27.8K |
| Sell Lighter live order book, 17 min ago | 1.06 bp | 1.8 bp −$2 | 14.7 bp −$147 | 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 SKHYUSDT | −0.0337% | 8h | 188.95 | +0.011% | $24.3M | $29.4M | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.492% | $36K | $876K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0055% | 4h | 188.56 | −0.195% | $568K | $290K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0015% | 1h | 189.02 | +0.048% | $158.6M | $70.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.03 | +0.055% | $244K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.02 | +0.045% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.98 | +0.027% | $199.4M | $412.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.95 | +0.011% | $15.4M | $29.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.91 | −0.011% | $44.8M | $73.8M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 188.93 | long leg | $25.3M | $19.9M | 75x |
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 188.92 | −0.004% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.81 | −0.061% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.24 | +0.164% | $693 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.06 | +0.069% | $48K | $330K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.99 | +0.032% | $157K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.08 | +0.079% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHYshort | +0.0008% | 1h | 188.99 | +0.032% | $996K | $747K | 10x | |
| QFEX SKHY-USD | +0.0011% | 1h | 188.94 | +0.005% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0013% | 1h | 188.92 | −0.006% | $33K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.96 | +0.016% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.81 | −0.064% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.95 | +0.011% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.96 | +0.016% | $199K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.90 | −0.016% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.92 | −0.005% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.78 | −0.079% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.93 | 0.000% | $1.1M | $311K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.06 | +0.069% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.87 | −0.032% | $2.2M | $438K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.01 | +0.042% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0693% | 1h | 189.07 | +0.075% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD