Funding you earn now, next payment 02:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter RH against Ondo Perps−0.047%7-day average −0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.080%−$8 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.047%, 7d avg −0.052%
=Together, before fees−0.060%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SKHY-USD.P | 192.67 | 0.0050 | pay 0.0006% / 1h | 13m 24s | $531K | $1.9M | 10x |
| Short | Lighter RH SKHY | 192.58 | 0.0032 | get 0.0004% / 1h | 13m 24s | $1.1M | $1.5M | 10x |
Ondo Perps SKHY-USD.P
Lighter RH SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Ondo Perps. 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
- −$3.86
- Price spread: −0.047% → −0.052%
- $0.54
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$8.33
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 4 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 4 min ago | 2.08 bp | 2.1 bp −$2 | 9.1 bp −$91 | doesn't fit | doesn't fit |
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 30 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 | −0.0263% | 4h | 192.66 | −0.007% | $581K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | +0.119% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.67 | +0.002% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.61 | −0.030% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.57 | −0.052% | $208.7M | $386.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.63 | −0.021% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.58 | −0.047% | $46.7M | $69.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.57 | −0.052% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.55 | −0.063% | $1.6M | $1.9M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.68 | +0.006% | $23K | $193K | 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 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.04 | +0.192% | $707 | $6.5M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.75 | +0.042% | $48K | $272K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.70 | +0.016% | $160K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.77 | +0.052% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.59 | −0.042% | $1.2M | $4.4M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.57 | −0.052% | $1.0M | $689K | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 192.58 | −0.047% | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 192.61 | −0.031% | $57K | $155K | 10x | as long as short |
| Nado SKHY-PERP | +0.0044% | 1h | 192.65 | −0.011% | $38K | $26K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.63 | −0.021% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.63 | −0.021% | $197K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.57 | −0.052% | $162.0M | $66.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.55 | −0.062% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.55 | −0.062% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | +0.0050% | 1h | 192.67 | long leg | $531K | $1.9M | 10x | |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.64 | −0.016% | $1.1M | $285K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.59 | −0.042% | $2K | $4K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0243% | 8h | 192.70 | +0.016% | $25.5M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.48 | −0.099% | $216K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0707% | 1h | 192.86 | +0.100% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Arcus SKHY-USD
Nado SKHY-PERP
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD