Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX−0.187%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1241.242% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.187%, 7d avg −0.215%
=Together, before fees+0.083%+ Points / potential airdropLighter RH: Points live · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.029% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.215%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SKHY-USDT | 192.94 | 0 | get 0.0000% / 8h | 5h 24m | $706 | $6.4M | 10x |
| Short | Lighter RH SKHY | 192.58 | 0.0032 | get 0.0004% / 1h | 24m 20s | $1.1M | $1.5M | 10x |
SunX SKHY-USDT
Lighter RH SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. 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
- $6.72
- Price spread: −0.187% → −0.215%
- $2.88
- Slippage, 4 orders
- −$116.17
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$114.58
- Costs to cover
- 1.242%
- Break-even
- 126.4 days
Slippage from SunX: live order book, 5 min ago; Lighter RH: live order book, 3 min ago.
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 SunX live order book, 5 min ago | 29.54 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.04 bp | 1.6 bp −$2 | 10.0 bp −$100 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0894% | 4h | 192.62 | −0.167% | $581K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.021% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.70 | −0.126% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.63 | −0.160% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.70 | −0.125% | $206.2M | $389.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.71 | −0.119% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.75 | −0.098% | $46.7M | $69.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.68 | −0.135% | $25.8M | $19.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.70 | −0.127% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.68 | −0.135% | $23K | $195K | 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 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDTlong | 0.0000% | 8h | 192.94 | long leg | $706 | $6.4M | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 192.63 | −0.161% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.62 | −0.166% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.63 | −0.161% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.55 | −0.202% | $1.0M | $688K | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 192.58 | −0.187% | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 192.67 | −0.140% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.62 | −0.166% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.73 | −0.109% | $199K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.59 | −0.181% | $161.1M | $67.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.58 | −0.187% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.63 | −0.161% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.59 | −0.181% | $584K | $2.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0062% | 1h | 192.60 | −0.176% | $49K | $295K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.68 | −0.135% | $1.1M | $291K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.70 | −0.124% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.59 | −0.181% | $2.2M | $445K | 50x | as long as short |
| Bitget SKHYUSDT | +0.0133% | 8h | 192.76 | −0.093% | $25.4M | $26.7M | 20x | as long as short |
| Nado SKHY-PERP | +0.0168% | 1h | 192.57 | −0.192% | $38K | $26K | 10x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 192.88 | −0.031% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0547% | 1h | 192.76 | −0.091% | $51K | $17K | 20x | as long as short |
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Bitget SKHYUSDT
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD