Spread before costs (cost unknown: a leg has no order-book sample)−0.201%
7d average—if it closes, per $10,000$20funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SKR | 0.02085 | 0 | get 0.0000% / 1h | 27m 41s | $4K | $9K | 3x |
| Short | Bybit SKRUSDT | 0.02081 | 0.0100 | get 0.0050% / 4h | 1h 27m | $4.5M | $4.6M | 20x |
Phoenix SKR
Bybit SKRUSDTPrice 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
- −$20.14
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$35.14
- Spread needed to break even
- 0.180%
Slippage unknown: Phoenix: no order-book sample; Bybit: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 1.68 bp | 42.6 bp −$43 | 115.7 bp −$1,157 | doesn't fit | doesn't fit |
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.
SunX
Lighter
MEXC
KuCoin
Hyperliquid
Backpack
BingX
Gate
Aster
Binance
Bitget
HTX
BloFinSKR on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX SKR-USDT | −0.508% | +0.0100% | 4h | $2K | $2.2M | 20x | as long as short |
| Lighter SKR | −0.393% | +0.0096% | 1h | $14K | $18K | 3x | as long as short |
| MEXC SKR_USDT | −0.317% | +0.0100% | 4h | $4.3M | $457K | 20x | as long as short |
| KuCoin SKRUSDTM | −0.312% | +0.0100% | 4h | $673K | $684K | 20x | as long as short |
| Hyperliquid SKR | −0.307% | +0.0100% | 1h | $1.3M | $706K | 3x | as long as short |
| Backpack SKR_USDC_PERP | −0.297% | +0.0100% | 1h | $50K | $242K | 5x | as long as short |
| BingX SKR-USDT | −0.293% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Gate SKR_USDT | −0.273% | +0.0100% | 4h | $1.0M | $517K | 20x | as long as short |
| Aster SKRUSDT | −0.237% | +0.0100% | 4h | $27K | $32K | 5x | as long as short |
| Binance SKRUSDT | −0.224% | +0.0100% | 4h | $3.5M | $11.0M | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SKRUSDTshort | −0.201% | +0.0100% | 4h | $4.5M | $4.6M | 20x | |
| Bitget SKRUSDT | −0.168% | +0.0100% | 4h | $1.5M | $1.1M | 20x | as long as short |
| HTX SKR-USDT | −0.096% | +0.0100% | 4h | $15K | $34K | 20x | as long as short |
| BloFin SKR-USDT | −0.082% | +0.0159% | 4h | $243K | $144K | 20x | as long as short |
| Phoenix SKRlong | 0.000% | 0.0000% | 1h | $4K | $9K | 3x |