Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against tradeXYZ−0.016%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$200.198% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days+0.023%+$2 · spread now −0.016%, 7d avg −0.034%
Together, before fees+0.052%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SKHY193.180.0050pay 0.0006% / 1h0m 19s$161.6M$67.6M10x
ShortLighter SKHY193.150.0032get 0.0004% / 1h0m 19s$1.0M$696K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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

Funding earned
−$3.78
Price spread: −0.016% → −0.034%
$1.87
Slippage, 4 orders
−$1.75
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
−$21.66
Costs to cover
0.198%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Lighter: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 10 min ago0.26 bp9.3 bp −$910.3 bp −$103doesn't fitdoesn't fit
Sell Lighter live order book, just now0.52 bp0.7 bp −$12.4 bp −$24223.2 bp −$22.3Kdoesn't fit

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0876%4h193.20+0.010%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.145%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.24+0.030%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.22+0.020%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.29+0.057%$205.1M$392.7M50xas long as short
Bybit SKHYUSDT0.0000%8h193.30+0.062%$15.8M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.27+0.047%$46.7M$70.1M50xas long as short
Gate SKHY_USDT0.0000%8h193.25+0.036%$25.8M$19.2M75xas long as short
Variational Omni SKHY0.0000%8h193.28+0.049%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.24+0.031%$23K$199K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.59+0.212%$709$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.13−0.026%$161K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h193.31+0.067%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.20+0.010%$1.2M$4.3M10xas long as short
Lighter SKHYshort+0.0032%1h193.15−0.016%$1.0M$696K10x
Lighter RH SKHY+0.0032%1h193.14−0.021%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.19+0.005%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.23+0.026%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.29+0.057%$201K$257K20xas long as short
tradeXYZ xyz:SKHYlong+0.0050%1h193.18long leg$161.6M$67.6M10x
Polymarket Perps SKHY-USD+0.0050%1h193.19+0.005%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.26+0.041%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.26+0.041%$575K$2.3M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.22+0.021%$1.1M$297K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.27+0.047%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.34+0.083%$2.2M$438K50xas long as short
Nado SKHY-PERP+0.0171%1h193.26+0.040%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0201%8h193.33+0.078%$25.4M$26.8M20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0268%1h193.32+0.072%$49K$306K10xas long as short
Phoenix SKHY+0.0332%1h193.40+0.114%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0545%1h193.39+0.108%$51K$17K20xas long as short