Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against HTX+0.011%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.011%, 7d avg −0.045%
=Together, before fees−0.029%+ Points / potential airdropLighter RH: Points live · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.056% dearer against HTX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKHY-USDT | 186.07 | 0 | get 0.0000% / 8h | 3m 36s | $154K | $363K | 50x |
| Short | Lighter RH SKHY | 186.09 | 0.0032 | get 0.0004% / 1h | 3m 36s | $1.1M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against HTX. 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
- $6.72
- Price spread: +0.011% → −0.045%
- $5.59
- Slippage, 4 orders
- −$9.69
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$9.38
- Costs to cover
- 0.217%
- Break-even
- 16.8 days
Slippage from HTX: live order book, 34 min ago; Lighter RH: live order book, 4 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 HTX live order book, 34 min ago | 2.68 bp | 8.7 bp −$9 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.61 bp | 2.2 bp −$2 | 11.4 bp −$114 | 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 | −0.1248% | 8h | 186.38 | +0.167% | $25.5M | $33.5M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0562% | 4h | 186.21 | +0.075% | $561K | $290K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.55 | +0.257% | $48K | $21K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0179% | 1h | 186.21 | +0.075% | $49K | $348K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0126% | 1h | 186.12 | +0.027% | $158.0M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0114% | 1h | 186.27 | +0.105% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.812% | $68K | $788K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0063% | 8h | 186.15 | +0.043% | $1.1M | $351K | 20x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.15 | +0.043% | $1.2M | $4.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0037% | 1h | 186.11 | +0.021% | $180K | $486K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 186.26 | +0.103% | $225K | $899K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.07 | +0.003% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.12 | +0.027% | $199.6M | $453.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.11 | +0.021% | $15.9M | $30.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.10 | +0.016% | $44.4M | $80.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.09 | +0.011% | $25.5M | $21.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.18 | +0.059% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.23 | +0.084% | $22K | $239K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.45 | +0.204% | $682 | $6.0M | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 186.07 | long leg | $154K | $363K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.16 | +0.048% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0008% | 1h | 186.17 | +0.054% | $204K | $287K | 20x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 186.12 | +0.027% | $972K | $1.2M | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 186.09 | +0.011% | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 186.14 | +0.038% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.19 | +0.064% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.17 | +0.054% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.21 | +0.075% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.21 | +0.075% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.19 | +0.064% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.40 | +0.177% | $209K | $123K | 10x | as long as short |
HTX SKHY-USDT
Lighter RH SKHY
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Polymarket Perps SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY