Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.007%
Price spread now: Lighter against SunX−0.222%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)+0.035%+$3 · spread now −0.222%, 7d avg −0.184%
=Together, before fees+0.013%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.222% now, against its 7-day average of −0.184%). If the spread goes back, that is −$4 on $10k: about 4.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SKHY-USDT | 193.43 | 0 | get 0.0000% / 8h | 6h 56m | $708 | $6.7M | 10x |
| Short | Lighter SKHY | 193.00 | 0.0032 | get 0.0004% / 1h | 56m 26s | $1.0M | $654K | 10x |
SunX SKHY-USDT
Lighter SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $6.72
- Price spread: −0.222% → −0.184%
- −$3.82
- Slippage, 4 orders
- −$115.66
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.77
- Costs to cover
- 1.237%
- Break-even
- 132.8 days
Slippage from SunX: live order book, 12 min ago; Lighter: live order book, 4 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 SunX live order book, 12 min ago | 29.44 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.55 bp | 1.6 bp −$2 | 14.2 bp −$142 | 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 | −0.0430% | 4h | 193.23 | −0.103% | $582K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 193.24 | −0.098% | $54K | $870K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.13 | −0.156% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.03 | −0.205% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.06 | −0.191% | $211.2M | $384.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.08 | −0.181% | $15.7M | $27.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.04 | −0.202% | $46.9M | $68.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.02 | −0.212% | $25.8M | $18.6M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.13 | −0.154% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDTlong | 0.0000% | 8h | 193.43 | long leg | $708 | $6.7M | 10x |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.01 | −0.217% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.00 | −0.222% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.05 | −0.196% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 193.01 | −0.217% | $1.2M | $4.9M | 10x | as long as short |
| Nado SKHY-PERP | +0.0012% | 1h | 193.07 | −0.188% | $44K | $20K | 10x | as long as short |
| Lighter SKHYshort | +0.0032% | 1h | 193.00 | −0.222% | $1.0M | $654K | 10x | |
| Lighter RH SKHY | +0.0032% | 1h | 192.98 | −0.233% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.15 | −0.145% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.08 | −0.181% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.02 | −0.212% | $197K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.02 | −0.212% | $163.3M | $66.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.95 | −0.248% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.05 | −0.196% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.09 | −0.176% | $541K | $1.7M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.13 | −0.155% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.15 | −0.145% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.08 | −0.181% | $2.2M | $445K | 50x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0296% | 8h | 193.22 | −0.109% | $23K | $191K | 10x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.48 | +0.026% | $217K | $123K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0425% | 8h | 193.09 | −0.176% | $25.6M | $26.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0706% | 1h | 193.11 | −0.166% | $51K | $17K | 20x | as long as short |
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
GRVT SKHY_USDT_Perp
Phoenix SKHY
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD