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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter RH+0.036%7-day average +0.072% · you sell dearer than you buy
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+0.077%+$8 on $10k
Price spread, last 7 days+0.034%+$3 · spread now +0.036%, 7d avg +0.072%
Together, before fees+0.112%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.036% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.072%). If the spread goes back, that is −$4 on $10k: about 6.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.077% in total) that is about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SKHY193.000.0032pay 0.0004% / 1h32m 38s$1.1M$1.6M10x
ShortOndo Perps SKHY-USD.P193.070.0050get 0.0006% / 1h32m 38s$574K$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$3.86
Price spread: +0.036% → +0.072%
−$3.59
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.73
Costs to cover
0.050%
Break-even
15.6 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Ondo Perps: 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, 5 min ago1.04 bp1.6 bp −$29.4 bp −$94doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0743%4h193.10+0.050%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.083%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.12+0.060%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.10+0.052%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.17+0.088%$204.4M$392.9M50xas long as short
Bybit SKHYUSDT0.0000%8h193.16+0.083%$15.7M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.16+0.083%$46.6M$69.9M50xas long as short
Gate SKHY_USDT0.0000%8h193.10+0.052%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.08+0.042%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.12+0.061%$22K$202K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.51+0.264%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.09+0.047%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h193.14+0.073%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.18+0.093%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h193.02+0.010%$1.0M$686K10xas long as short
Lighter RH SKHYlong+0.0032%1h193.00long leg$1.1M$1.6M10x
Arcus SKHY-USD+0.0040%1h193.08+0.041%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.14+0.073%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.23+0.119%$201K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.06+0.031%$161.5M$67.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.13+0.067%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.10+0.052%$43K$13K10xas long as short
Ondo Perps SKHY-USD.Pshort+0.0050%1h193.07+0.036%$574K$2.3M10x
KuCoin SKHYUSDTM+0.0100%8h193.09+0.047%$1.1M$305K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.20+0.104%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.12+0.062%$2.2M$437K50xas long as short
Nado SKHY-PERP+0.0139%1h193.18+0.092%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0158%8h193.15+0.078%$25.3M$26.9M20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0164%1h193.23+0.119%$49K$318K10xas long as short
Phoenix SKHY+0.0372%1h193.29+0.150%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1057%1h193.26+0.132%$49K$19K20xas long as short