Funding you earn now, next payment 05:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Lighter against Ondo Perps−0.084%7-day average −0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days+0.001%$0 · spread now −0.084%, 7d avg −0.052%
=Together, before fees−0.100%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.033% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SKHY-USD.P | 189.99 | 0.0050 | pay 0.0006% / 1h | 38m 22s | $563K | $2.7M | 10x |
| Short | Lighter SKHY | 189.83 | 0.0032 | get 0.0004% / 1h | 38m 22s | $1.0M | $692K | 10x |
Ondo Perps SKHY-USD.P
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- −$3.86
- Price spread: −0.084% → −0.052%
- −$3.27
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$12.13
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 7 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 0.53 bp | 1.1 bp −$1 | 11.1 bp −$111 | doesn't fit | doesn't fit |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0799% | 4h | 190.46 | +0.246% | $574K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.500% | $45K | $861K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0002% | 1h | 189.89 | −0.053% | $158.8M | $69.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.00 | +0.003% | $247K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.91 | −0.044% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.97 | −0.013% | $199.6M | $404.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.96 | −0.016% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.94 | −0.026% | $45.3M | $72.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.95 | −0.021% | $25.6M | $19.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 189.97 | −0.011% | $24.3M | $28.4M | 20x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 190.47 | +0.254% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.25 | +0.135% | $22K | $211K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.22 | +0.121% | $696 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.93 | −0.032% | $48K | $326K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.82 | −0.089% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.86 | −0.068% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.98 | −0.005% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHYshort | +0.0032% | 1h | 189.83 | −0.084% | $1.0M | $692K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 189.86 | −0.068% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.21 | +0.116% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.98 | −0.005% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.96 | −0.016% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.89 | −0.053% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.86 | −0.068% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | +0.0050% | 1h | 189.99 | long leg | $563K | $2.7M | 10x | |
| Nado SKHY-PERP | +0.0097% | 1h | 190.01 | +0.011% | $34K | $28K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.02 | +0.016% | $1.1M | $320K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.89 | −0.053% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.85 | −0.074% | $2.2M | $435K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.44 | +0.237% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0690% | 1h | 189.98 | −0.008% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Nado SKHY-PERP
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD