Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX−0.244%7-day average −0.214% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.244%, 7d avg −0.214%
=Together, before fees+0.025%+ Points / potential airdropLighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.030% cheaper against SunX than usual: you would sell low and buy high (spread −0.244% now, against its 7-day average of −0.214%). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SKHY-USDT | 192.92 | 0 | get 0.0000% / 8h | 6h 37m | $706 | $6.6M | 10x |
| Short | Lighter RH SKHY | 192.45 | 0.0032 | get 0.0004% / 1h | 37m 00s | $1.1M | $1.5M | 10x |
SunX SKHY-USDT
Lighter RH SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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: −0.244% → −0.214%
- −$2.95
- Slippage, 4 orders
- −$117.07
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$121.3
- Costs to cover
- 1.251%
- Break-even
- 133.4 days
Slippage from SunX: live order book, 12 min ago; Lighter RH: live order book, 1 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 | 29.48 bp | 48.0 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 1 min ago | 1.82 bp | 1.8 bp −$2 | 10.2 bp −$102 | 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 | −0.0874% | 4h | 192.69 | −0.117% | $581K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | −0.010% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.66 | −0.137% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.59 | −0.170% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.63 | −0.150% | $210.0M | $385.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.65 | −0.140% | $15.6M | $27.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.64 | −0.145% | $46.7M | $69.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.57 | −0.181% | $25.7M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.94 | +0.008% | $1.6M | $2.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.71 | −0.108% | $22K | $192K | 10x | as long as short |
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 SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDTlong | 0.0000% | 8h | 192.92 | long leg | $706 | $6.6M | 10x | |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.60 | −0.166% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.63 | −0.150% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.58 | −0.176% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.64 | −0.145% | $1.2M | $4.6M | 10x | as long as short |
| Nado SKHY-PERP | +0.0026% | 1h | 192.72 | −0.105% | $42K | $21K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.48 | −0.228% | $1.0M | $683K | 10x | as long as short |
| Lighter RH SKHYshort | +0.0032% | 1h | 192.45 | −0.244% | $1.1M | $1.5M | 10x | |
| Arcus SKHY-USD | +0.0040% | 1h | 192.77 | −0.078% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.66 | −0.135% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.66 | −0.135% | $197K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.54 | −0.197% | $162.9M | $65.6M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.55 | −0.192% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.60 | −0.166% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.91 | −0.005% | $533K | $1.8M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.64 | −0.145% | $1.1M | $280K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.68 | −0.124% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.08 | +0.083% | $2.3M | $445K | 50x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.96 | +0.021% | $216K | $123K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0353% | 8h | 192.70 | −0.114% | $25.5M | $26.4M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0707% | 1h | 192.68 | −0.126% | $51K | $17K | 20x | as long as short |
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Nado SKHY-PERP
Lighter 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
Phoenix SKHY
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD