SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%

Price spread now: Arcus against Lighter RH+0.145%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$230.232% of the position

Long on Lighter RH Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.145%, 7d avg +0.054%

Together, before fees+0.046%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.092% dearer against Lighter RH than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SKHY	192.66	0.0032	pay 0.0004% / 1h	7m 34s	$1.1M	$1.6M	10x
Short	Arcus SKHY-USD	192.94	0.0040	get 0.0005% / 1h	7m 34s	$60K	$161K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Lighter RH. 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

Position, each leg$Hold fordaysFee Lighter RHbpFee ArcusbpOrdersPrice spread, now +0.145%Rate

Funding earned: $1.74
Price spread: +0.145% → +0.054%: $9.18
Slippage, 4 orders: −$18.72
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$12.3
Costs to cover: 0.232%
Break-even: 56.5 days

Slippage from Lighter RH: live order book, 5 min ago; Arcus: live order book, 51 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 Lighter RH live order book, 5 min ago	1.30 bp	1.4 bp −$1	8.2 bp −$82	doesn't fit	doesn't fit
Sell Arcus live order book, 51 min ago	6.21 bp	11.2 bp −$11	17.6 bp −$176	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	−0.0671%	4h	192.99	+0.173%	$582K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0048%	1h	192.84	+0.093%	$45K	$861K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.78	+0.061%	$249K	$889K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.69	+0.015%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.73	+0.035%	$203.4M	$394.6M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.73	+0.036%	$15.7M	$27.7M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.73	+0.036%	$46.7M	$70.0M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.70	+0.021%	$25.8M	$19.0M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	192.95	+0.150%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	193.07	+0.213%	$22K	$206K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.14	+0.249%	$707	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.81	+0.078%	$161K	$369K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.86	+0.104%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0015%	1h	192.73	+0.036%	$1.2M	$3.9M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.67	+0.005%	$1.0M	$704K	10x	as long as short
Lighter RH SKHYlong	+0.0032%	1h	192.66	long leg	$1.1M	$1.6M	10x
Arcus SKHY-USDshort	+0.0040%	1h	192.94	+0.145%	$60K	$161K	10x
Vest SKHY-USD-PERP	+0.0046%	1h	192.76	+0.052%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.73	+0.036%	$202K	$256K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	192.68	+0.010%	$161.1M	$67.8M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.66	0.000%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.85	+0.099%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.78	+0.062%	$577K	$2.4M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0061%	1h	192.85	+0.099%	$49K	$322K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.77	+0.057%	$1.1M	$318K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.83	+0.088%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	193.06	+0.208%	$2.3M	$438K	50x	as long as short
Bitget SKHYUSDT	+0.0121%	8h	192.85	+0.099%	$25.2M	$26.9M	20x	as long as short
Nado SKHY-PERP	+0.0148%	1h	192.81	+0.080%	$38K	$26K	10x	as long as short
Phoenix SKHY	+0.0372%	1h	193.19	+0.275%	$216K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.1059%	1h	192.84	+0.096%	$49K	$19K	20x	as long as short