Spread before costs (cost unknown: a leg has no order-book sample)+0.322%
7d average+0.197%if it closes, per $10,000$32funding while held, a day+$18.35
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKYUSDT | 0.07261 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $8.2M | $3.1M | 25x |
| Short | Hyperliquid SKY | 0.07284 | 0.0712 | get 0.0089% / 1h | 31m 03s | $3.1M | $986K | 3x |
Bybit SKYUSDT
Hyperliquid 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
- $32.23
- Funding while held
- $18.35
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $30.58
- Spread needed to break even
- 0.200%
Slippage unknown: Bybit: live order book, 3 min ago; Hyperliquid: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0612%
- Per $10,000 a day
- +$18.35
- 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 | 1.38 bp | 34.8 bp −$35 | 310.3 bp −$3,103 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.86 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Injective0.07239cheapestApeX Omni0.07241+0.028%BloFin0.07249+0.138%OKX0.07258+0.262%Gate0.07258+0.262%Variational Omni0.07259+0.280%KuCoin0.07260+0.290%
Injective
ApeX Omni
BloFin
OKX
Gate
Variational Omni
KuCoinBybit0.07261+0.304%
BingX0.07269+0.414%Binance0.07274+0.489%Bitget0.07275+0.497%Orderly0.07276+0.518%Aster0.07277+0.519%GMX0.07277+0.524%Lighter0.07279+0.548%Nado0.07279+0.553%MEXC0.07279+0.553%
BingX
Binance
Bitget
Orderly
Aster
GMX
Lighter
Nado
MEXCHyperliquid0.07284+0.627%
SKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | −0.303% | +0.0033% | 1h | $395 | $162K | 12x | as long as short |
| ApeX Omni SKYUSDT | −0.275% | +0.0100% | 1h | $20K | $684K | 50x | as long as short |
| BloFin SKY-USDT | −0.165% | +0.0152% | 4h | $628K | $613K | 75x | as long as short |
| OKX SKY-USDT-SWAP | −0.041% | +0.0100% | 4h | $881K | $1.4M | 20x | as long as short |
| Gate SKY_USDT | −0.041% | +0.0100% | 4h | $634K | $241K | 50x | as long as short |
| Variational Omni SKY | −0.024% | +0.0100% | 4h | $202K | $92K | — | as long as short |
| KuCoin SKYUSDTM | −0.014% | +0.0100% | 4h | $456K | $292K | 50x | as long as short |
| Bybit SKYUSDTlong | 0.000% | +0.0100% | 4h | $8.2M | $3.1M | 25x | |
| BingX SKY-USDT | +0.110% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Binance SKYUSDT | +0.185% | +0.0100% | 4h | $16.9M | $9.5M | 75x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | +0.193% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.213% | +0.0100% | 4h | $706 | $2K | 10x | as long as short |
| Aster SKYUSDT | +0.215% | +0.0100% | 4h | $44K | $47K | 20x | as long as short |
| GMX SKY/USD [ETH-USDC] | +0.219% | L +0.0538% / S −0.0248% | 1h | $86K | — | 50x | as long as short |
| Lighter SKY | +0.244% | +0.0096% | 1h | $198K | $171K | 10x | as long as short |
| Nado SKY-PERP | +0.248% | +0.0079% | 1h | $71K | $28K | 5x | as long as short |
| MEXC SKY_USDT | +0.248% | +0.0100% | 4h | $1.2M | $286K | 100x | as long as short |
| Hyperliquid SKYshort | +0.322% | +0.0712% | 1h | $3.1M | $986K | 3x |