SKHY funding rate on Lighter

Funding APR
+3.50%
0.0004% / 1h
Interval
1h
next 13:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
15
listing this pair

Over the last 30 days, SKHY funding on Lighter averaged -0.2% APR and stayed positive 85.9% of the time, ranging from -535.5% to +130.2%. Right now it pays longs pay shorts at +3.5% APR, settled every 1h across 15 venues we track. The most reliable delta-neutral pairing for SKHY right now is long TradeXYZ / short Phoenix at +25.3% net APR (high risk, ~0.9d to break even).

as of 2026-09-04 12:03 UTC

SKHY funding history on Lighterlast 30d

30d average
-0.18%
Range
-536% / 130%
% positive
85.9%
Volatility
25.2
Best delta-neutral pairing
Long TradeXYZ / Short Phoenix
+25.3% net APR
Backtested (30d)
+15.3%
Stability
87.7%
Risk
high
Breakeven
~0.9d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How SKHY funding compares across venues

ExchangeFunding APR
Nado+89.80%
Arcus+30.55%
Phoenix+21.05%
Ondo+5.52%
Polymarket+5.47%
SoDEX+5.47%
Lighter RH+3.50%
Lighter+3.50%
QFEX+0.00%
Kraken+0.00%
Variational+0.00%
Aster+0.00%
Grvt+0.00%
Extended+0.00%
TradeXYZ-8.52%

Frequently asked

What is the current SKHY funding rate on Lighter?

SKHY on Lighter is funding at 3.50% APR (0.0004% every 1h), paid longs pay shorts, as of 2026-09-04 12:03 UTC.

How often does Lighter pay funding on SKHY?

Every 1 hour.

How do I earn SKHY funding without price risk?

Open a delta-neutral position: long TradeXYZ and short Phoenix, currently 25.3% net APR (high risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy