Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Nado+0.026%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropNado: Active · Lighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.026% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SKY-PERP | 0.06852 | 0.0100 | pay 0.0012% / 1h | 54m 33s | $72K | $31K | 5x |
| Short | Lighter SKY | 0.06854 | 0.0096 | get 0.0012% / 1h | 54m 33s | $179K | $117K | 10x |
Nado SKY-PERP
Lighter SKYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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: +0.026% → 0.000%
- $2.63
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$5.21
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: no order-book sample; Lighter: live order book, 35 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 Nado no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 35 min ago | 13.08 bp | 43.8 bp −$44 | 131.0 bp −$1,310 | doesn't fit | doesn't fit |
Nado: 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.
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 | +0.0033% | 1h | 0.06893 | +0.591% | $376 | $303K | 12x | as long as short |
| BloFin SKY-USDT | +0.0070% | 4h | 0.06870 | +0.255% | $581K | $29K | 75x | as long as short |
| Lighter SKYshort | +0.0096% | 1h | 0.06854 | +0.026% | $179K | $117K | 10x | |
| Variational Omni SKY | +0.0100% | 4h | 0.06855 | +0.041% | $183K | $98K | — | as long as short |
| Nado SKY-PERPlong | +0.0100% | 1h | 0.06852 | long leg | $72K | $31K | 5x | |
| Hyperliquid SKY | +0.0100% | 1h | 0.06866 | +0.193% | $2.8M | $883K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06858 | +0.086% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06855 | +0.031% | $15.6M | $11.1M | 75x | as long as short |
| Bybit SKYUSDT | +0.0100% | 4h | 0.06849 | −0.051% | $7.1M | $3.0M | 25x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06844 | −0.124% | $800K | $1.2M | 20x | as long as short |
Injective SKY/USDC PERP
BloFin SKY-USDT
Variational Omni SKY
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
Bybit SKYUSDT
OKX SKY-USDT-SWAPShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | +0.0100% | 4h | 0.06849 | −0.051% | $587K | $285K | 50x | as long as short |
| MEXC SKY_USDT | +0.0100% | 4h | 0.06856 | +0.051% | $1.0M | $265K | 100x | as long as short |
| KuCoin SKYUSDTM | +0.0100% | 4h | 0.06858 | +0.080% | $402K | $292K | 50x | as long as short |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06855 | +0.036% | $2.8M | $1.4M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06852 | −0.007% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06866 | +0.197% | $26K | $646K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06868 | +0.226% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0522% / S −0.0248% | 1h | 0.06861 | +0.130% | $81K | — | 50x | as long as short |
Gate SKY_USDT
MEXC SKY_USDT
KuCoin SKYUSDTM
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]