Spread before costs (cost unknown: a leg has no order-book sample)+0.508%
7d average—if it closes, per $10,000$51funding while held, a day+$9.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SKR_USDT | 0.02086 | 0.0100 | pay 0.0050% / 4h | 1m 07s | $4.3M | $401K | 20x |
| Short | Phoenix SKR | 0.02097 | 0.0404 | get 0.0051% / 1h | 1m 07s | $3K | $8K | 3x |
MEXC SKR_USDT
Phoenix SKRPrice 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
- $50.81
- Funding while held
- $9.13
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $48.94
- Spread needed to break even
- 0.110%
Slippage unknown: MEXC: live order book, 3 min ago; Phoenix: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0304%
- Per $10,000 a day
- +$9.13
- 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 MEXC live order book, 3 min ago | 1.43 bp | 7.9 bp −$8 | 44.2 bp −$442 | 330.3 bp −$33.0K | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SKR price on every exchange
against the cheapest. Click to use as the short leg.
Bybit
SunX
BingX
Backpack
Hyperliquid
Binance
Lighter
Bitget
BloFin
Gate
Aster
KuCoin
HTXSKR on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SKRUSDT | −0.192% | +0.0100% | 4h | $4.6M | $3.5M | 20x | as long as short |
| SunX SKR-USDT | −0.153% | +0.0100% | 4h | $2K | $2.0M | 20x | as long as short |
| BingX SKR-USDT | −0.134% | +0.0070% | 4h | — | $2.3M | — | as long as short |
| Backpack SKR_USDC_PERP | −0.077% | +0.0100% | 1h | $53K | $228K | 5x | as long as short |
| Hyperliquid SKR | −0.062% | +0.0100% | 1h | $1.4M | $589K | 3x | as long as short |
| Binance SKRUSDT | −0.058% | +0.0100% | 4h | $3.6M | $8.6M | 20x | as long as short |
| MEXC SKR_USDTlong | 0.000% | +0.0100% | 4h | $4.3M | $401K | 20x | |
| Lighter SKR | +0.019% | +0.0096% | 1h | $14K | $18K | 3x | as long as short |
| Bitget SKRUSDT | +0.029% | +0.0100% | 4h | $1.5M | $913K | 20x | as long as short |
| BloFin SKR-USDT | +0.110% | −0.0140% | 4h | $257K | $125K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate SKR_USDT | +0.115% | +0.0100% | 4h | $1.0M | $440K | 20x | as long as short |
| Aster SKRUSDT | +0.162% | +0.0100% | 4h | $28K | $25K | 5x | as long as short |
| KuCoin SKRUSDTM | +0.230% | +0.0100% | 4h | $676K | $593K | 20x | as long as short |
| HTX SKR-USDT | +0.278% | +0.0100% | 4h | $16K | $34K | 20x | as long as short |
| Phoenix SKRshort | +0.508% | +0.0404% | 1h | $3K | $8K | 3x |