Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter−0.032%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$510.507% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.412%−$41 · spread now −0.032%, 7d avg −0.026%
=Together, before fees−0.403%+ Points / potential airdropLighter: Season 3 · farm board−$40 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKY | 0.06888 | 0.0096 | pay 0.0012% / 1h | 45m 41s | $180K | $139K | 10x |
| Short | MEXC SKY_USDT | 0.06886 | 0.0100 | get 0.0050% / 4h | 3h 45m | $1.0M | $264K | 100x |
Lighter SKY
MEXC SKY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Lighter. 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: −0.032% → −0.026%
- −$0.62
- Slippage, 4 orders
- −$46.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$50.52
- Costs to cover
- 0.507%
- Break-even
- 428.0 days
Slippage from Lighter: live order book, 54 min ago; MEXC: live order book, 4 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 Lighter live order book, 54 min ago | 11.20 bp | 11.4 bp −$11 | 107.8 bp −$1,078 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.45 bp | 11.2 bp −$11 | 94.6 bp −$946 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | −0.0269% | 1h | 0.06893 | +0.070% | $376 | $303K | 12x | as long as short |
| Variational Omni SKY | −0.0092% | 4h | 0.06879 | −0.129% | $184K | $113K | — | as long as short |
| BloFin SKY-USDT | +0.0041% | 4h | 0.06890 | +0.026% | $582K | $29K | 75x | as long as short |
| Lighter SKYlong | +0.0096% | 1h | 0.06888 | long leg | $180K | $139K | 10x | |
| Hyperliquid SKY | +0.0100% | 1h | 0.06896 | +0.106% | $2.8M | $914K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06890 | +0.023% | $42K | $42K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06888 | 0.000% | $15.7M | $11.0M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06878 | −0.148% | $7.2M | $3.2M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06881 | −0.105% | $814K | $1.1M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.06882 | −0.090% | $595K | $269K | 50x | as long as short |
Injective SKY/USDC PERP
Variational Omni SKY
BloFin SKY-USDT
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDTshort | +0.0100% | 4h | 0.06886 | −0.032% | $1.0M | $264K | 100x | |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06878 | −0.148% | $405K | $291K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06882 | −0.090% | $2.8M | $1.5M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06883 | −0.075% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06879 | −0.134% | $27K | $652K | 50x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06886 | −0.028% | $76K | $31K | 5x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06888 | +0.001% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06887 | −0.019% | $82K | — | 50x | as long as short |
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Nado SKY-PERP
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]