After costs, if the gap returns to its 7d average, $10k−$161
spread now−0.150%7d average+0.020%fees + slippage, in and out−$144spread needed1.438%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKRUSDT | 0.02066 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $4.6M | $4.3M | 20x |
| Short | Backpack SKR_USDC_PERP | 0.02063 | 0.0037 | get 0.0005% / 1h | 31m 10s | $51K | $236K | 5x |
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
- −$15
- Funding while held
- −$1.88
- Slippage, 4 orders
- −$122.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$160.66
- Spread needed to break even
- 1.438%
Slippage from Bybit: live order book, 3 min ago; Backpack: live order book, 59 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0063%
- Per $10,000 a day
- −$1.88
- 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 Bybit live order book, 3 min ago | 7.77 bp | 43.0 bp −$43 | 137.3 bp −$1,373 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 59 min ago | 3.47 bp | 24.2 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| HTX SKR-USDT | −0.508% | +0.0100% | 4h | $15K | $34K | 20x | as long as short |
| Lighter SKR | −0.387% | +0.0096% | 1h | $14K | $18K | 3x | as long as short |
| SunX SKR-USDT | −0.286% | +0.0100% | 4h | $2K | $2.2M | 20x | as long as short |
| Phoenix SKR | −0.189% | +0.0759% | 1h | $4K | $9K | 3x | as long as short |
| Backpack SKR_USDC_PERPshort | −0.150% | +0.0037% | 1h | $51K | $236K | 5x | |
| Aster SKRUSDT | −0.113% | +0.0100% | 4h | $27K | $32K | 5x | as long as short |
| Binance SKRUSDT | −0.113% | +0.0100% | 4h | $3.5M | $10.5M | 20x | as long as short |
| BingX SKR-USDT | −0.111% | +0.0070% | 4h | — | $2.4M | — | as long as short |
| Hyperliquid SKR | −0.106% | +0.0100% | 1h | $1.3M | $672K | 3x | as long as short |
| MEXC SKR_USDT | −0.102% | +0.0100% | 4h | $4.3M | $444K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SKR-USDT | −0.092% | −0.0140% | 4h | $246K | $126K | 20x | as long as short |
| Gate SKR_USDT | −0.077% | +0.0100% | 4h | $1.0M | $499K | 20x | as long as short |
| Bitget SKRUSDT | −0.063% | +0.0100% | 4h | $1.5M | $1.0M | 20x | as long as short |
| KuCoin SKRUSDTM | −0.048% | +0.0100% | 4h | $671K | $671K | 20x | as long as short |
| Bybit SKRUSDTlong | 0.000% | +0.0100% | 4h | $4.6M | $4.3M | 20x |
Bybit SKRUSDT
Backpack SKR_USDC_PERP
HTX
Lighter
SunX
Phoenix
Aster
Binance
BingX
Hyperliquid
MEXC
BloFin
Gate
Bitget
KuCoin