Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Bitget−0.142%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.205% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.142%, 7d avg −0.103%
=Together, before fees−0.023%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.038% cheaper against Bitget than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of −0.103%). If the spread goes back, that is −$4 on $10k: about 4.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 190.76 | 0 | get 0.0000% / 8h | 3h 41m | $24.5M | $28.3M | 20x |
| Short | Lighter RH SKHY | 190.49 | 0.0032 | get 0.0004% / 1h | 41m 45s | $1.1M | $1.4M | 10x |
Bitget SKHYUSDT
Lighter RH SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $6.72
- Price spread: −0.142% → −0.103%
- −$3.83
- Slippage, 4 orders
- −$8.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$17.61
- Costs to cover
- 0.205%
- Break-even
- 25.3 days
Slippage from Bitget: live order book, 2 min ago; Lighter RH: live order book, 1 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, 2 min ago | 0.52 bp | 9.2 bp −$9 | 15.7 bp −$157 | 18.6 bp −$1,857 | 38.1 bp −$19.1K |
| Sell Lighter RH live order book, 1 min ago | 0.26 bp | 0.8 bp −$1 | 12.9 bp −$129 | 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 | −0.0765% | 4h | 190.76 | +0.001% | $575K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.090% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.81 | +0.028% | $248K | $892K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 190.77 | +0.006% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 190.59 | −0.091% | $200.3M | $402.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.63 | −0.068% | $15.4M | $28.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.53 | −0.121% | $45.5M | $72.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 190.63 | −0.068% | $25.6M | $19.4M | 75x | as long as short |
| Bitget SKHYUSDTlong | 0.0000% | 8h | 190.76 | long leg | $24.5M | $28.3M | 20x | |
| Variational Omni SKHY | 0.0000% | 8h | 190.79 | +0.017% | $1.6M | $1.1M | — | 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 SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.68 | −0.043% | $22K | $211K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 191.19 | +0.225% | $700 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 190.80 | +0.021% | $159K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 191.05 | +0.152% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0004% | 1h | 190.53 | −0.121% | $159.3M | $69.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 190.79 | +0.016% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 190.48 | −0.147% | $1.0M | $691K | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 190.49 | −0.142% | $1.1M | $1.4M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 190.67 | −0.047% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.80 | +0.021% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.88 | +0.063% | $201K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.79 | +0.016% | $182K | $460K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 190.78 | +0.010% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.48 | −0.147% | $576K | $2.6M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0064% | 1h | 190.88 | +0.063% | $48K | $325K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.73 | −0.016% | $1.1M | $321K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.89 | +0.068% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0106% | 1h | 190.85 | +0.046% | $34K | $28K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.73 | −0.016% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.77 | +0.005% | $214K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0686% | 1h | 191.00 | +0.127% | $48K | $19K | 20x | as long as short |
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
QFEX SKHY-USD
Lighter SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Nado SKHY-PERP
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD