Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.026%
Price spread now: BloFin against Lighter RH+0.078%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$160.163% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.078%, 7d avg +0.083%
=Together, before fees+0.161%+ Points / potential airdropLighter RH: Points live · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.083%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 192.75 | 0.0032 | pay 0.0004% / 1h | 23m 00s | $1.1M | $1.5M | 10x |
| Short | BloFin SKHY-USDT | 192.90 | 0.0120 | get 0.0120% / 8h | 5h 23m | $2.3M | $446K | 50x |
Lighter RH SKHY
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter RH. 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
- $18.48
- Price spread: +0.078% → +0.083%
- −$0.5
- Slippage, 4 orders
- −$4.32
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.66
- Costs to cover
- 0.163%
- Break-even
- 6.4 days
Slippage from Lighter RH: live order book, 5 min ago; BloFin: live order book, 5 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 Lighter RH live order book, 5 min ago | 1.04 bp | 1.8 bp −$2 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.26 bp | 6.7 bp −$7 | 8.1 bp −$81 | 14.9 bp −$1,487 | 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 SKHYUSDC | −0.0383% | 4h | 192.65 | −0.054% | $581K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | +0.078% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.78 | +0.016% | $248K | $888K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.89 | +0.072% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.94 | +0.099% | $206.4M | $390.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.93 | +0.093% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.92 | +0.088% | $46.7M | $69.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.84 | +0.047% | $25.8M | $19.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.70 | −0.028% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.68 | −0.036% | $23K | $195K | 10x | as long as short |
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_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.21 | +0.239% | $707 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.84 | +0.047% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.89 | +0.073% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.71 | −0.021% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.75 | 0.000% | $1.0M | $688K | 10x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 192.75 | long leg | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 192.69 | −0.031% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.71 | −0.021% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.84 | +0.047% | $199K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.80 | +0.026% | $161.3M | $67.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.71 | −0.021% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.78 | +0.016% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.64 | −0.057% | $584K | $2.2M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.81 | +0.031% | $1.1M | $291K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.79 | +0.021% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 192.90 | +0.078% | $2.3M | $446K | 50x | |
| Bitget SKHYUSDT | +0.0131% | 8h | 192.85 | +0.052% | $25.4M | $26.8M | 20x | as long as short |
| Nado SKHY-PERP | +0.0168% | 1h | 192.75 | 0.000% | $38K | $26K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0321% | 1h | 192.89 | +0.073% | $49K | $296K | 10x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 192.82 | +0.036% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0546% | 1h | 192.95 | +0.102% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
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
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Bitget SKHYUSDT
Nado SKHY-PERP
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD