After costs, if the gap returns to its 7d average, $10k−$55
spread now+0.051%7d average+0.012%fees + slippage, in and out−$59spread needed0.592%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKYUSDT | 0.07278 | 0.0100 | pay 0.0050% / 4h | 3h 05m | $17.0M | $9.4M | 75x |
| Short | Lighter SKY | 0.07282 | 0.0096 | get 0.0012% / 1h | 5m 14s | $198K | $171K | 10x |
Binance SKYUSDT
Lighter SKYPrice 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
- $5.08
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$49.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$54.22
- Spread needed to break even
- 0.592%
Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 22 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Binance live order book, 7 min ago | 0.69 bp | 18.7 bp −$19 | 61.0 bp −$610 | 346.6 bp −$34.7K | doesn't fit |
| Sell Lighter live order book, 22 min ago | 6.45 bp | 10.9 bp −$11 | 95.1 bp −$951 | doesn't fit | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Injective0.07239cheapestKuCoin0.07254+0.207%Gate0.07265+0.359%Bybit0.07269+0.414%OKX0.07271+0.442%Variational Omni0.07272+0.457%BingX0.07274+0.483%GMX0.07276+0.513%MEXC0.07277+0.525%Bitget0.07277+0.525%Aster0.07277+0.529%
Injective
KuCoin
Gate
Bybit
OKX
Variational Omni
BingX
GMX
MEXC
Bitget
AsterBinance0.07278+0.539%
Orderly0.07280+0.565%Nado0.07281+0.577%
Orderly
NadoLighter0.07282+0.590%
ApeX Omni0.07283+0.608%BloFin0.07285+0.635%Hyperliquid0.07290+0.710%
ApeX Omni
BloFin
HyperliquidSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | −0.536% | +0.0033% | 1h | $395 | $162K | 12x | as long as short |
| KuCoin SKYUSDTM | −0.330% | +0.0100% | 4h | $456K | $291K | 50x | as long as short |
| Gate SKY_USDT | −0.179% | +0.0100% | 4h | $635K | $242K | 50x | as long as short |
| Bybit SKYUSDT | −0.124% | +0.0100% | 4h | $8.2M | $3.1M | 25x | as long as short |
| OKX SKY-USDT-SWAP | −0.096% | +0.0100% | 4h | $884K | $1.4M | 20x | as long as short |
| Variational Omni SKY | −0.082% | +0.0100% | 4h | $200K | $93K | — | as long as short |
| BingX SKY-USDT | −0.055% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| GMX SKY/USD [ETH-USDC] | −0.026% | L +0.0539% / S −0.0248% | 1h | $86K | — | 50x | as long as short |
| MEXC SKY_USDT | −0.014% | +0.0100% | 4h | $1.2M | $288K | 100x | as long as short |
| Bitget SKYUSDT | −0.014% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SKYUSDT | −0.010% | +0.0100% | 4h | $44K | $47K | 20x | as long as short |
| Binance SKYUSDTlong | 0.000% | +0.0100% | 4h | $17.0M | $9.4M | 75x | |
| Orderly PERP_SKY_USDC_mythos | +0.026% | +0.0100% | 4h | $706 | $2K | 10x | as long as short |
| Nado SKY-PERP | +0.038% | +0.0055% | 1h | $71K | $28K | 5x | as long as short |
| Lighter SKYshort | +0.051% | +0.0096% | 1h | $198K | $171K | 10x | |
| ApeX Omni SKYUSDT | +0.069% | +0.0100% | 1h | $20K | $682K | 50x | as long as short |
| BloFin SKY-USDT | +0.096% | +0.0155% | 4h | $630K | $616K | 75x | as long as short |
| Hyperliquid SKY | +0.170% | +0.0812% | 1h | $3.1M | $987K | 3x | as long as short |