Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni+0.380%78s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)−0.641%−$64 · spread now +0.380%, 7d avg −0.005%
=Together, before fees−0.534%+ Points / potential airdropLighter: Season 3 · farm board−$53 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.385% dearer against ApeX Omni than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SKYUSDT | 0.07083 | 0.0100 | pay 0.0013% / 1h | 4m 00s | $20K | $684K | 50x |
| Short | Lighter SKY | 0.07110 | 0.0096 | get 0.0012% / 1h | 4m 00s | $186K | $163K | 10x |
ApeX Omni SKYUSDT
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- −$0.84
- Price spread: +0.380% → −0.005%
- $38.51
- Slippage, 4 orders
- −$49.12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$21.45
- Costs to cover
- 0.591%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; Lighter: live order book, 70 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 ApeX Omni live order book, 14 min ago | 8.46 bp | 16.7 bp −$17 | 122.2 bp −$1,222 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 70 min ago | 11.94 bp | 12.3 bp −$12 | 107.5 bp −$1,075 | doesn't fit | doesn't fit |
SKY on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0652% | 4h | 0.07080 | −0.049% | $194K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0253% | 4h | 0.07102 | +0.268% | $7.7M | $3.4M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07172 | +1.257% | $392 | $303K | 12x | as long as short |
| Nado SKY-PERP | +0.0073% | 1h | 0.07108 | +0.353% | $70K | $26K | 5x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.07110 | +0.380% | $186K | $163K | 10x | |
| Aster SKYUSDT | +0.0100% | 4h | 0.07106 | +0.330% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.07111 | +0.395% | $16.2M | $10.3M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07107 | +0.339% | $856K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07100 | +0.240% | $606K | $261K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.07110 | +0.381% | $1.1M | $290K | 100x | as long as short |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Nado SKY-PERP
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.07106 | +0.325% | $430K | $289K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07109 | +0.367% | $2.9M | $2.1M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07106 | +0.325% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDTlong | +0.0100% | 1h | 0.07083 | long leg | $20K | $684K | 50x | |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07106 | +0.330% | $1K | $2K | 10x | as long as short |
| BloFin SKY-USDT | +0.0138% | 4h | 0.07103 | +0.282% | $594K | $29K | 75x | as long as short |
| Hyperliquid SKY | +0.0315% | 1h | 0.07122 | +0.548% | $3.0M | $928K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0529% / S −0.0248% | 1h | 0.07109 | +0.373% | $84K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
Orderly PERP_SKY_USDC_mythos
BloFin SKY-USDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]