Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter+0.062%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.062% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread 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 | 193.02 | 0.0032 | pay 0.0004% / 1h | 32m 53s | $1.0M | $686K | 10x |
| Short | Vest SKHY-USD-PERP | 193.14 | 0.0046 | get 0.0006% / 1h | 32m 53s | — | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $2.87
- Price spread: +0.062% → 0.000%
- $6.22
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $7.09
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 8 min ago; Vest: 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, 8 min ago | 0.52 bp | 0.6 bp −$1 | 2.0 bp −$20 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0743% | 4h | 193.10 | +0.040% | $582K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.093% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.12 | +0.050% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.08 | +0.031% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.15 | +0.067% | $204.3M | $393.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.14 | +0.062% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.10 | +0.041% | $46.6M | $69.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.10 | +0.041% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | +0.032% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.12 | +0.051% | $22K | $202K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.51 | +0.254% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.09 | +0.036% | $161K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.14 | +0.062% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.18 | +0.083% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHYlong | +0.0032% | 1h | 193.02 | long leg | $1.0M | $686K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 193.01 | −0.005% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.07 | +0.026% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERPshort | +0.0046% | 1h | 193.14 | +0.062% | — | $12K | 10x | |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.23 | +0.109% | $201K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.04 | +0.010% | $161.5M | $67.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.13 | +0.057% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.10 | +0.041% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.14 | +0.062% | $574K | $2.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.09 | +0.036% | $1.1M | $305K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.20 | +0.093% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.12 | +0.052% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0139% | 1h | 193.18 | +0.082% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0158% | 8h | 193.15 | +0.067% | $25.3M | $26.9M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0164% | 1h | 193.23 | +0.109% | $49K | $318K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.29 | +0.140% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1057% | 1h | 193.26 | +0.122% | $49K | $19K | 20x | as long as short |
Lighter SKHY
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
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
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD