Funding you earn now, next payment 07:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.164%
Price spread now: Kraken Futures against Lighter+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.730%+$73 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Kraken Futures is 0.054% dearer against Lighter than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 186.26 | −0.0144 | get 0.0018% / 1h | 38m 08s | $961K | $1.1M | 10x |
| Short | Kraken Futures PF_SKHYUSD | 186.36 | −0.0139 | pay 0.0017% / 1h | 38m 08s | $47K | $19K | 20x |
Lighter SKHY
Kraken Futures PF_SKHYUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Lighter. 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
- Price spread: +0.054% → 0.000%
- $5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$3.6
- Costs to cover
- 0.100%
- Break-even
- 32.3 days
Slippage unknown: Lighter: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Lighter live order book, 3 min ago | 0.54 bp | 1.4 bp −$1 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1179% | 8h | 186.50 | +0.129% | $25.0M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0809% | 4h | 186.57 | +0.164% | $562K | $290K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0715% | 1h | 186.27 | +0.005% | $49K | $341K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0201% | 1h | 186.37 | +0.059% | $158.3M | $74.2M | 10x | as long as short |
| Nado SKHY-PERP | −0.0195% | 1h | 186.42 | +0.087% | $33K | $28K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0192% | 1h | 186.21 | −0.027% | $196K | $274K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0190% | 1h | 186.15 | −0.059% | $180K | $487K | 10x | as long as short |
| Lighter SKHYlong | −0.0144% | 1h | 186.26 | long leg | $961K | $1.1M | 10x | |
| Kraken Futures PF_SKHYUSDshort | −0.0139% | 1h | 186.36 | +0.054% | $47K | $19K | 20x | |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.800% | $63K | $902K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.22 | −0.021% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0042% | 1h | 186.07 | −0.102% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.59 | +0.179% | $226K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.20 | −0.034% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.35 | +0.048% | $198.9M | $438.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.38 | +0.064% | $15.8M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.39 | +0.070% | $44.5M | $77.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.30 | +0.021% | $25.5M | $20.4M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.53 | +0.146% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.59 | +0.177% | $22K | $228K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.52 | +0.140% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.19 | −0.038% | $154K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.34 | +0.043% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.27 | +0.005% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.51 | +0.134% | $58K | $165K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.41 | +0.081% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.25 | −0.005% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 186.45 | +0.102% | $1.1M | $328K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.28 | +0.011% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.25 | −0.005% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 187.04 | +0.419% | $210K | $115K | 10x | as long as short |
QFEX SKHY-USD
Ondo Perps SKHY-USD.P
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
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY