Funding you earn now, next payment 02:00 UTC−0.0397%/8h= −43.5% APRpaid last 24h +0.007%
Price spread now: Lighter against Bitget−0.083%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days+0.065%+$7 · spread now −0.083%, 7d avg −0.079%
=Together, before fees+0.008%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 193.17 | 0.0429 | pay 0.0429% / 8h | 6h 58m | $25.6M | $26.6M | 20x |
| Short | Lighter SKHY | 193.01 | 0.0032 | get 0.0004% / 1h | 58m 06s | $1.0M | $654K | 10x |
Bitget SKHYUSDT
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- −$83.37
- Price spread: −0.083% → −0.079%
- −$0.42
- Slippage, 4 orders
- −$8.34
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$104.13
- Costs to cover
- 0.203%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Lighter: 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 Bitget live order book, 1 min ago | 0.78 bp | 9.0 bp −$9 | 18.6 bp −$186 | 34.2 bp −$3,420 | doesn't fit |
| Sell Lighter live order book, 3 min ago | 1.55 bp | 1.6 bp −$2 | 14.2 bp −$142 | 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 | −0.0880% | 4h | 193.20 | +0.015% | $582K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 193.24 | +0.036% | $54K | $870K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.17 | −0.002% | $249K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.08 | −0.046% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.13 | −0.021% | $211.3M | $385.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.15 | −0.010% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.16 | −0.005% | $46.9M | $68.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.06 | −0.057% | $25.8M | $18.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.13 | −0.020% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.46 | +0.150% | $708 | $6.7M | 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
SunX SKHY-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.08 | −0.047% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.07 | −0.052% | $160K | $377K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.04 | −0.067% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 193.11 | −0.031% | $1.2M | $4.9M | 10x | as long as short |
| Nado SKHY-PERP | +0.0021% | 1h | 193.15 | −0.011% | $44K | $20K | 10x | as long as short |
| Lighter SKHYshort | +0.0032% | 1h | 193.01 | −0.083% | $1.0M | $654K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 192.96 | −0.109% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.23 | +0.031% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.17 | 0.000% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.18 | +0.005% | $197K | $258K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.08 | −0.047% | $163.3M | $66.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.08 | −0.047% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.07 | −0.052% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.09 | −0.041% | $541K | $1.7M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.16 | −0.005% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.20 | +0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.22 | +0.026% | $2.2M | $446K | 50x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.41 | +0.124% | $218K | $119K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0341% | 8h | 193.23 | +0.032% | $22K | $192K | 10x | as long as short |
| Bitget SKHYUSDTlong | +0.0429% | 8h | 193.17 | long leg | $25.6M | $26.6M | 20x | |
| Kraken Futures PF_SKHYUSD | +0.0705% | 1h | 193.19 | +0.010% | $51K | $17K | 20x | as long as short |
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH 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
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD