Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%
Price spread now: Vest against Lighter+0.072%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Vest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Vest is 0.072% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SKHY193.110.0032pay 0.0004% / 1h59m 05s$1.0M$654K10x
ShortVest SKHY-USD-PERP193.250.0046get 0.0006% / 1h59m 05s$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.87
Price spread: +0.072% → 0.000%
$7.25
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
$8.12
Costs to cover
0.020%
Break-even
from the start
Slippage unknown: Lighter: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 2 min ago1.55 bp1.6 bp −$213.5 bp −$135doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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.

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0880%4h193.20+0.046%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h193.24+0.067%$54K$870K10xas long as short
Nado SKHY-PERP−0.0023%1h193.24+0.069%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.26+0.079%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25+0.074%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.23+0.064%$211.4M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.26+0.078%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.17+0.031%$47.0M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.14+0.016%$25.8M$18.5M75xas long as short
Variational Omni SKHY0.0000%8h193.13+0.011%$1.7M$2.3Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.59+0.249%$709$6.7M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.29+0.093%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.26+0.078%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.17+0.031%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.22+0.057%$1.2M$4.9M10xas long as short
Lighter SKHYlong+0.0032%1h193.11long leg$1.0M$654K10x
Lighter RH SKHY+0.0032%1h193.16+0.026%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25+0.072%$57K$153K10xas long as short
Vest SKHY-USD-PERPshort+0.0046%1h193.25+0.072%$12K10x
Popdex SKHYUSDT+0.0048%1h193.29+0.093%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.12+0.005%$163.4M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.15+0.021%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.22+0.057%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.09−0.010%$541K$1.7M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.31+0.104%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.32+0.109%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.22+0.057%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.155%$218K$119K10xas long as short
GRVT SKHY_USDT_Perp+0.0341%8h193.23+0.063%$22K$192K10xas long as short
Bitget SKHYUSDT+0.0428%8h193.17+0.031%$25.6M$26.6M20xas long as short
Kraken Futures PF_SKHYUSD+0.0705%1h193.32+0.107%$51K$17K20xas long as short