Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0657%/8h= +71.9% APRnext payment +$0.82 per $10,000 · paid last 24h +0.164%
Price spread now: Kraken Futures against Lighter RH−0.030%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.700%+$70 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.030% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SKHY190.190.0032pay 0.0004% / 1h36m 43s$1.1M$1.4M10x
ShortKraken Futures PF_SKHYUSD190.130.0689get 0.0086% / 1h36m 43s$48K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$137.98
Price spread: −0.030% → 0.000%
−$3.02
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$124.96
Costs to cover
0.100%
Break-even
0.7 days
Slippage unknown: Lighter RH: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 1 min ago1.84 bp2.5 bp −$28.8 bp −$88doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0312%4h189.89−0.158%$572K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.393%$45K$861K10xas long as short
tradeXYZ xyz:SKHY−0.0006%1h190.18−0.005%$159.1M$69.2M10xas long as short
Aster SKHYUSDT0.0000%8h190.24+0.024%$247K$893K50xas long as short
Extended SKHY-USD0.0000%1h190.15−0.020%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.22+0.014%$199.8M$404.4M50xas long as short
Bybit SKHYUSDT0.0000%8h190.22+0.016%$15.3M$28.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.18−0.005%$45.1M$73.2M50xas long as short
Gate SKHY_USDT0.0000%8h190.18−0.005%$25.6M$19.5M75xas long as short
Bitget SKHYUSDT0.0000%8h190.24+0.026%$24.4M$28.5M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h190.47+0.148%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.92−0.142%$23K$213K10xas long as short
SunX SKHY-USDT0.0000%8h190.35+0.084%$697$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h190.11−0.042%$48K$326K10xas long as short
HTX SKHY-USDT0.0000%8h190.03−0.084%$159K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h190.20+0.005%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0011%1h190.09−0.053%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h190.13−0.032%$1.0M$692K10xas long as short
Lighter RH SKHYlong+0.0032%1h190.19long leg$1.1M$1.4M10x
Arcus SKHY-USD+0.0040%1h190.10−0.047%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.06−0.068%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.09−0.053%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.00−0.100%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.99−0.105%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.97−0.116%$530K$2.7M10xas long as short
Nado SKHY-PERP+0.0093%1h190.11−0.040%$34K$28K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h190.25+0.032%$1.1M$319K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.11−0.042%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h190.16−0.016%$2.2M$436K50xas long as short
Phoenix SKHY+0.0375%1h190.14−0.026%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSDshort+0.0689%1h190.13−0.030%$48K$19K20x