SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.032%

Price spread now: Lighter against Nado−0.114%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

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 airdropNado: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.114% cheaper against Nado than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.7 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SKHY-PERP	188.22	−0.0147	get 0.0018% / 1h	7m 21s	$33K	$28K	10x
Short	Lighter SKHY	188.01	−0.0008	pay 0.0001% / 1h	7m 21s	$931K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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

Position, each leg$Hold fordaysFee NadobpFee LighterbpOrdersPrice spread, now −0.114%Rate

Funding earned: $29.22
Price spread: −0.114% → 0.000%: −$11.35
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $10.86
Costs to cover: 0.070%
Break-even: 4.4 days

Slippage unknown: Nado: no order-book sample; Lighter: live order book, 3 min ago. 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 Nado no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	0.80 bp	1.7 bp −$2	10.7 bp −$107	doesn't fit	doesn't fit

Nado: 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	188.06	−0.087%	$25.2M	$31.4M	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0388%	1h	187.92	−0.161%	$48K	$336K	10x	as long as short
edgeX SKHYUSDC	−0.0375%	4h	187.52	−0.373%	$565K	$290K	10x	as long as short
Nado SKHY-PERPlong	−0.0147%	1h	188.22	long leg	$33K	$28K	10x
tradeXYZ xyz:SKHY	−0.0119%	1h	188.12	−0.055%	$159.6M	$74.2M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0095%	1h	187.98	−0.129%	$182K	$487K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	187.32	−0.480%	$61K	$897K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	188.06	−0.087%	$1.2M	$4.1M	10x	as long as short
Lighter SKHYshort	−0.0008%	1h	188.01	−0.114%	$931K	$1.1M	10x
Ondo Perps SKHY-USD.P	−0.0006%	1h	187.65	−0.305%	$516K	$2.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SKHYUSDT	0.0000%	8h	188.10	−0.065%	$229K	$916K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	187.99	−0.122%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	188.10	−0.068%	$201.8M	$434.4M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	188.12	−0.055%	$15.9M	$30.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.05	−0.092%	$44.8M	$77.6M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	188.06	−0.087%	$25.4M	$20.8M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	187.51	−0.378%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	187.67	−0.296%	$22K	$223K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	188.10	−0.066%	$688	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	187.71	−0.273%	$156K	$371K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.88	−0.183%	$1.5M	$1.1M	10x	as long as short
Popdex SKHYUSDT	+0.0024%	1h	188.12	−0.055%	$197K	$273K	20x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.96	−0.140%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.64	−0.310%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.14	−0.044%	—	$22K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.80	−0.225%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	188.08	−0.076%	$1.1M	$323K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	188.07	−0.082%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	187.68	−0.289%	$2.1M	$416K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	188.02	−0.108%	$211K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0260%	1h	187.95	−0.148%	$47K	$19K	20x	as long as short