After costs, if the gap returns to its 7d average, $10k−$116
spread now+0.014%7d average−0.019%fees + slippage, in and out−$119spread needed1.195%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SKR_USDC_PERP | 0.02075 | 0.0100 | pay 0.0013% / 1h | 57m 22s | $50K | $242K | 5x |
| Short | Bybit SKRUSDT | 0.02076 | 0.0100 | get 0.0050% / 4h | 57m 22s | $4.5M | $4.6M | 20x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $1.45
- Funding while held
- $0
- Slippage, 4 orders
- −$98.48
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$118.04
- Spread needed to break even
- 1.195%
Slippage from Backpack: live order book, 23 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Backpack live order book, 23 min ago | 1.45 bp | 21.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.33 bp | 43.9 bp −$44 | 126.6 bp −$1,266 | doesn't fit | doesn't fit |
SKR price on every exchange
against the cheapest. Click to use as the short leg.SKR on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter SKR | −0.198% | +0.0096% | 1h | $14K | $17K | 3x | as long as short |
| HTX SKR-USDT | −0.173% | +0.0100% | 4h | $15K | $35K | 20x | as long as short |
| SunX SKR-USDT | −0.140% | +0.0100% | 4h | $2K | $2.2M | 20x | as long as short |
| Binance SKRUSDT | −0.014% | +0.0100% | 4h | $3.5M | $11.1M | 20x | as long as short |
| Backpack SKR_USDC_PERPlong | 0.000% | +0.0100% | 1h | $50K | $242K | 5x | |
| Bybit SKRUSDTshort | +0.014% | +0.0100% | 4h | $4.5M | $4.6M | 20x | |
| MEXC SKR_USDT | +0.014% | +0.0100% | 4h | $4.3M | $466K | 20x | as long as short |
| Aster SKRUSDT | +0.016% | +0.0100% | 4h | $27K | $32K | 5x | as long as short |
| BingX SKR-USDT | +0.019% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Hyperliquid SKR | +0.063% | +0.0100% | 1h | $1.3M | $706K | 3x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SKRUSDT | +0.072% | +0.0100% | 4h | $1.5M | $1.1M | 20x | as long as short |
| BloFin SKR-USDT | +0.082% | +0.0048% | 4h | $238K | $144K | 20x | as long as short |
| Gate SKR_USDT | +0.120% | +0.0100% | 4h | $1.0M | $516K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.125% | +0.0100% | 4h | $669K | $684K | 20x | as long as short |
| Phoenix SKR | +0.193% | +0.1157% | 1h | $4K | $9K | 3x | as long as short |
Backpack SKR_USDC_PERP
Bybit SKRUSDT
Lighter
HTX
SunX
Binance
MEXC
Aster
BingX
Hyperliquid
Bitget
BloFin
Gate
KuCoin
Phoenix