Funding you earn now, next payment 03:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.115%
Price spread now: Lighter against edgeX−0.113%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$140.138% of the position
Funding, last 7 days−0.607%−$61 on $10k
+Price spread, last 4 days (all we have)−0.790%−$79 · spread now −0.113%, 7d avg −0.046%
=Together, before fees−1.398%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$140 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.067% cheaper against edgeX than usual: you would sell low and buy high (spread −0.113% now, against its 7-day average of −0.046%). If the spread goes back, that is −$7 on $10k: about 39 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.607%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKHYUSDC | 193.03 | −0.0107 | get 0.0053% / 4h | 1h 49m | $582K | $290K | 10x |
| Short | Lighter SKHY | 192.81 | 0.0032 | get 0.0004% / 1h | 49m 27s | $1.0M | $685K | 10x |
edgeX SKHYUSDC
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- $29.11
- Price spread: −0.113% → −0.046%
- −$6.69
- Slippage, 4 orders
- −$4.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.62
- Costs to cover
- 0.138%
- Break-even
- 4.9 days
Slippage from edgeX: live order book, 14 min ago; Lighter: live order book, 6 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 edgeX live order book, 14 min ago | 1.04 bp | 5.8 bp −$6 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.78 bp | 1.4 bp −$1 | 4.5 bp −$45 | doesn't fit | doesn't fit |
SKHY on 30 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 SKHYUSDClong | −0.0107% | 4h | 193.03 | long leg | $582K | $290K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.066% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.80 | −0.116% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.82 | −0.108% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.86 | −0.087% | $208.3M | $385.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.89 | −0.072% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.91 | −0.061% | $46.9M | $69.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.82 | −0.108% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | +0.026% | $1.6M | $1.3M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.09 | +0.032% | $22K | $193K | 10x | as long as short |
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.23 | +0.105% | $707 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.88 | −0.077% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.89 | −0.072% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.85 | −0.092% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHYshort | +0.0032% | 1h | 192.81 | −0.113% | $1.0M | $685K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 192.87 | −0.082% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.99 | −0.020% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.91 | −0.061% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.91 | −0.061% | $198K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.79 | −0.123% | $162.0M | $66.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.78 | −0.129% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.93 | −0.051% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.91 | −0.061% | $569K | $2.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 192.96 | −0.035% | $48K | $285K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.87 | −0.082% | $1.1M | $290K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.88 | −0.077% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0127% | 1h | 192.85 | −0.092% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0218% | 8h | 192.90 | −0.066% | $25.6M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.23 | +0.105% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0546% | 1h | 193.07 | +0.020% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
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
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Nado SKHY-PERP
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD