SKY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.021%

Price spread now: Bybit against Lighter−0.108%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1000.996% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.108%, 7d avg −0.093%

Together, before fees−0.099%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SKY	0.06870	0.0096	pay 0.0012% / 1h	23m 18s	$179K	$177K	10x
Short	Bybit SKYUSDT	0.06863	0.0100	get 0.0050% / 4h	23m 18s	$7.2M	$3.2M	25x

Funding history

latest

Range statsloading…

Bybit against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee LighterbpFee BybitbpOrdersPrice spread, now −0.108%Rate

Slippage from Lighter: live order book, 17 min ago; Bybit: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 17 min ago	11.20 bp	11.4 bp −$11	107.8 bp −$1,078	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	3.64 bp	40.5 bp −$41	224.6 bp −$2,246	doesn't fit	doesn't fit

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	−0.0165%	4h	0.06855	−0.228%	$183K	$113K	—	as long as short
Injective SKY/USDC PERP	+0.0033%	1h	0.06893	+0.329%	$376	$303K	12x	as long as short
BloFin SKY-USDT	+0.0083%	4h	0.06863	−0.108%	$582K	$29K	75x	as long as short
Lighter SKYlong	+0.0096%	1h	0.06870	long leg	$179K	$177K	10x
Nado SKY-PERP	+0.0100%	1h	0.06868	−0.039%	$73K	$30K	5x	as long as short
Aster SKYUSDT	+0.0100%	4h	0.06873	+0.037%	$42K	$42K	20x	as long as short
Binance SKYUSDT	+0.0100%	4h	0.06873	+0.038%	$15.7M	$11.0M	75x	as long as short
Bybit SKYUSDTshort	+0.0100%	4h	0.06863	−0.108%	$7.2M	$3.2M	25x
OKX SKY-USDT-SWAP	+0.0100%	4h	0.06864	−0.093%	$820K	$1.2M	20x	as long as short
Gate SKY_USDT	+0.0100%	4h	0.06880	+0.140%	$596K	$272K	50x	as long as short

Show all 18 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC SKY_USDT	+0.0100%	4h	0.06869	−0.020%	$1.0M	$265K	100x	as long as short
KuCoin SKYUSDTM	+0.0100%	4h	0.06879	+0.125%	$405K	$291K	50x	as long as short
Bitget SKYUSDT	+0.0100%	4h	0.06871	+0.009%	$2.8M	$1.5M	75x	as long as short
BingX SKY-USDT	+0.0100%	4h	0.06864	−0.093%	—	$2.4M	—	as long as short
ApeX Omni SKYUSDT	+0.0100%	1h	0.06877	+0.096%	$27K	$661K	50x	as long as short
Orderly PERP_SKY_USDC_mythos	+0.0100%	4h	0.06873	+0.039%	$1K	$3K	10x	as long as short
Hyperliquid SKY	+0.0316%	1h	0.06878	+0.114%	$2.8M	$911K	3x	as long as short
GMX SKY/USD [ETH-USDC]	L +0.0522% / S −0.0248%	1h	0.06868	−0.028%	$81K	—	50x	as long as short