Funding you earn now, next payment 06:00 UTC−0.0178%/8h= −19.5% APRnext payment −$0.22 per $10,000 · paid last 24h −0.033%
Price spread now: Nado against Lighter RH+0.023%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · Nado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Nado is 0.023% dearer against Lighter RH than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 187.96 | 0.0032 | pay 0.0004% / 1h | 7m 32s | $1.1M | $1.6M | 10x |
| Short | Nado SKHY-PERP | 188.00 | −0.0146 | pay 0.0018% / 1h | 7m 32s | $33K | $28K | 10x |
Lighter RH SKHY
Nado SKHY-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$37.46
- Price spread: +0.023% → 0.000%
- $2.32
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$42.14
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 5 min ago; Nado: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 5 min ago | 1.07 bp | 2.6 bp −$3 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1179% | 8h | 188.04 | +0.043% | $25.2M | $31.4M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0388% | 1h | 187.92 | −0.021% | $48K | $336K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0375% | 4h | 187.52 | −0.233% | $565K | $290K | 10x | as long as short |
| Nado SKHY-PERPshort | −0.0146% | 1h | 188.00 | +0.023% | $33K | $28K | 10x | |
| tradeXYZ xyz:SKHY | −0.0119% | 1h | 188.01 | +0.027% | $159.5M | $74.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0095% | 1h | 187.78 | −0.096% | $181K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.340% | $61K | $897K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 188.06 | +0.053% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 188.01 | +0.027% | $931K | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0006% | 1h | 187.65 | −0.165% | $516K | $2.6M | 10x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Lighter SKHY
Ondo Perps SKHY-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 188.10 | +0.073% | $229K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.99 | +0.018% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.09 | +0.069% | $201.8M | $434.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.16 | +0.106% | $16.0M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.14 | +0.096% | $44.8M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.03 | +0.037% | $25.4M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | −0.238% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.67 | −0.157% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.10 | +0.074% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.71 | −0.133% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.88 | −0.043% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0024% | 1h | 188.12 | +0.085% | $197K | $273K | 20x | as long as short |
| Lighter RH SKHYlong | +0.0032% | 1h | 187.96 | long leg | $1.1M | $1.6M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 187.64 | −0.170% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.94 | −0.011% | — | $12K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.80 | −0.085% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.01 | +0.027% | $1.1M | $323K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.91 | −0.027% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.68 | −0.149% | $2.1M | $416K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.02 | +0.032% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 187.95 | −0.008% | $47K | $19K | 20x | as long as short |
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD