Funding you earn now, next payment 09:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.032%
Price spread now: Lighter RH against Nado−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Lighter RH is 0.091% cheaper against Nado than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SKHY-PERP | 184.66 | −0.0073 | get 0.0009% / 1h | 34m 11s | $33K | $28K | 10x |
| Short | Lighter RH SKHY | 184.49 | 0.0032 | get 0.0004% / 1h | 34m 11s | $1.1M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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
- $22.1
- Price spread: −0.091% → 0.000%
- −$9.07
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $6.03
- Costs to cover
- 0.070%
- Break-even
- 5.1 days
Slippage unknown: Nado: no order-book sample; Lighter RH: 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 RH live order book, 3 min ago | 1.89 bp | 2.5 bp −$2 | 11.6 bp −$116 | 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 | −0.1230% | 8h | 184.48 | −0.096% | $25.5M | $34.8M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0952% | 4h | 184.87 | +0.116% | $557K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0445% | 8h | 184.94 | +0.155% | $22K | $243K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0231% | 8h | 184.53 | −0.069% | $1.1M | $367K | 20x | as long as short |
| Bybit SKHYUSDT | −0.0156% | 8h | 184.54 | −0.064% | $16.3M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:SKHY | −0.0114% | 1h | 184.42 | −0.129% | $156.5M | $77.8M | 10x | as long as short |
| Nado SKHY-PERPlong | −0.0073% | 1h | 184.66 | long leg | $33K | $28K | 10x | |
| Ondo Perps SKHY-USD.P | −0.0056% | 1h | 184.51 | −0.080% | $515K | $2.6M | 10x | as long as short |
| Extended SKHY-USD | −0.0040% | 1h | 184.59 | −0.037% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | −0.0036% | 8h | 184.59 | −0.037% | $197.3M | $462.8M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0028% | 1h | 184.49 | −0.091% | $1.2M | $4.3M | 10x | as long as short |
| HTX SKHY-USDT | −0.0018% | 8h | 184.42 | −0.129% | $153K | $370K | 50x | as long as short |
| Variational Omni SKHY | −0.0004% | 8h | 184.69 | +0.020% | $1.6M | $1.0M | — | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 184.63 | −0.015% | $265K | $951K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.43 | −0.123% | $43.7M | $81.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.52 | −0.074% | $25.8M | $21.3M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 184.96 | +0.164% | $677 | $5.9M | 10x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.71 | +0.028% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0024% | 1h | 184.49 | −0.091% | $982K | $1.3M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +1.583% | $68K | $784K | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 184.49 | −0.091% | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 184.49 | −0.091% | $59K | $172K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.46 | −0.107% | — | $34K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 184.53 | −0.069% | $201K | $288K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.44 | −0.118% | $178K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.58 | −0.042% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0085% | 8h | 184.67 | +0.007% | $2.1M | $438K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.64 | −0.009% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 184.65 | −0.007% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 185.14 | +0.261% | $207K | $123K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0238% | 1h | 184.65 | −0.004% | $47K | $353K | 10x | as long as short |
Lighter RH SKHY
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
KuCoin SKHYUSDTM
Bybit SKHYUSDT
tradeXYZ xyz:SKHY
Extended SKHY-USD
Binance SKHYUSDT
HTX SKHY-USDT
Variational Omni SKHY
Aster SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Coinbase International SKHY-PERP-INTX
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Kraken Futures PF_SKHYUSD
Phoenix SKHY
Deribit SKHY_USDC-PERPETUAL