Funding you earn now, next payment 09:00 UTC+0.0674%/8h= +73.8% APRpaid last 24h +0.211%
Price spread now: Lighter RH against edgeX+0.073%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)−0.546%−$55 · spread now +0.073%, 7d avg −0.077%
=Together, before fees−1.068%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$107 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter RH is 0.150% dearer against edgeX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.077%. Mind the row above: over the last 7 days funding on this pair cost −0.522%, 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 | 184.75 | −0.0642 | get 0.0321% / 4h | 3h 19m | $557K | $290K | 10x |
| Short | Lighter RH SKHY | 184.88 | 0.0032 | get 0.0004% / 1h | 19m 37s | $1.1M | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $141.51
- Price spread: +0.073% → −0.077%
- $14.98
- Slippage, 4 orders
- −$8.05
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $139.44
- Costs to cover
- 0.170%
- Break-even
- 0.1 days
Slippage from edgeX: live order book, 14 min ago; Lighter RH: 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 edgeX live order book, 14 min ago | 1.36 bp | 6.2 bp −$6 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.90 bp | 2.5 bp −$2 | 12.1 bp −$121 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1144% | 8h | 185.06 | +0.170% | $25.5M | $35.2M | 20x | as long as short |
| edgeX SKHYUSDClong | −0.0642% | 4h | 184.75 | long leg | $557K | $290K | 10x | |
| KuCoin SKHYUSDTM | −0.0243% | 8h | 184.80 | +0.030% | $1.1M | $376K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0051% | 1h | 184.92 | +0.095% | $156.7M | $78.0M | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0050% | 8h | 184.75 | +0.001% | $22K | $246K | 10x | as long as short |
| Extended SKHY-USD | −0.0048% | 1h | 184.89 | +0.079% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | −0.0041% | 8h | 184.93 | +0.101% | $196.1M | $465.1M | 50x | as long as short |
| Nado SKHY-PERP | −0.0030% | 1h | 184.95 | +0.113% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 184.96 | +0.116% | $1.2M | $4.3M | 10x | as long as short |
| Variational Omni SKHY | −0.0022% | 8h | 184.84 | +0.050% | $1.6M | $1.0M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 184.68 | −0.038% | $265K | $951K | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 184.95 | +0.111% | $16.0M | $33.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.96 | +0.116% | $43.8M | $81.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.89 | +0.078% | $25.5M | $21.8M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 185.08 | +0.181% | $677 | $5.9M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 184.94 | +0.105% | $47K | $354K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 184.72 | −0.014% | $153K | $375K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.88 | +0.073% | $1.5M | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 183.79 | −0.517% | $66K | $750K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 184.94 | +0.105% | $983K | $1.3M | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 184.88 | +0.073% | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 184.88 | +0.073% | $59K | $173K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0046% | 1h | 184.88 | +0.073% | $510K | $2.6M | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.74 | −0.003% | — | $38K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 184.98 | +0.127% | $199K | $295K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.75 | +0.002% | $179K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.76 | +0.008% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0067% | 8h | 184.83 | +0.046% | $2.1M | $446K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.76 | +0.008% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 184.94 | +0.107% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 184.57 | −0.095% | $207K | $123K | 10x | as long as short |
edgeX SKHYUSDC
Lighter RH SKHY
Bitget SKHYUSDT
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
GRVT SKHY_USDT_Perp
Extended SKHY-USD
Binance SKHYUSDT
Variational Omni SKHY
Aster SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Kraken Futures PF_SKHYUSD
Phoenix SKHY