After costs, if the gap returns to its 7d average, $10k−$49
spread now+0.246%7d average+0.089%fees + slippage, in and out−$65spread needed0.649%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKYUSDT | 0.07207 | 0.0099 | pay 0.0049% / 4h | 1h 26m | $8.1M | $3.2M | 25x |
| Short | Lighter SKY | 0.07225 | 0.0096 | get 0.0012% / 1h | 26m 25s | $189K | $161K | 10x |
Bybit 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
- $24.56
- Funding while held
- −$0.08
- Slippage, 4 orders
- −$53.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$40.42
- Spread needed to break even
- 0.649%
Slippage from Bybit: live order book, 3 min ago; Lighter: live order book, 55 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0003%
- Per $10,000 a day
- −$0.08
- 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 | 2.08 bp | 23.7 bp −$24 | 283.9 bp −$2,839 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 55 min ago | 9.53 bp | 10.0 bp −$10 | 123.7 bp −$1,237 | doesn't fit | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.07199cheapestGate0.07203+0.058%
Variational Omni
GateBybit0.07207+0.114%
OKX0.07210+0.155%ApeX Omni0.07210+0.155%BingX0.07215+0.225%Bitget0.07216+0.239%KuCoin0.07217+0.252%Binance0.07218+0.266%MEXC0.07221+0.308%BloFin0.07221+0.308%Nado0.07221+0.312%GMX0.07223+0.330%Aster0.07224+0.352%
OKX
ApeX Omni
BingX
Bitget
KuCoin
Binance
MEXC
BloFin
Nado
GMX
AsterLighter0.07225+0.359%
Orderly0.07226+0.375%Hyperliquid0.07232+0.459%Injective0.07239+0.558%
Orderly
Hyperliquid
InjectiveSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.113% | −0.0136% | 4h | $199K | $92K | — | as long as short |
| Gate SKY_USDT | −0.056% | +0.0100% | 4h | $622K | $240K | 50x | as long as short |
| Bybit SKYUSDTlong | 0.000% | +0.0099% | 4h | $8.1M | $3.2M | 25x | |
| OKX SKY-USDT-SWAP | +0.042% | +0.0100% | 4h | $878K | $1.3M | 20x | as long as short |
| ApeX Omni SKYUSDT | +0.042% | +0.0100% | 1h | $20K | $686K | 50x | as long as short |
| BingX SKY-USDT | +0.111% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Bitget SKYUSDT | +0.125% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| KuCoin SKYUSDTM | +0.139% | +0.0100% | 4h | $454K | $286K | 50x | as long as short |
| Binance SKYUSDT | +0.153% | +0.0100% | 4h | $16.7M | $9.6M | 75x | as long as short |
| MEXC SKY_USDT | +0.194% | +0.0100% | 4h | $1.1M | $278K | 100x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SKY-USDT | +0.194% | +0.0084% | 4h | $625K | $610K | 75x | as long as short |
| Nado SKY-PERP | +0.198% | +0.0100% | 1h | $72K | $28K | 5x | as long as short |
| GMX SKY/USD [ETH-USDC] | +0.216% | L +0.0538% / S −0.0248% | 1h | $86K | — | 50x | as long as short |
| Aster SKYUSDT | +0.238% | +0.0100% | 4h | $44K | $39K | 20x | as long as short |
| Lighter SKYshort | +0.246% | +0.0096% | 1h | $189K | $161K | 10x | |
| Orderly PERP_SKY_USDC_mythos | +0.261% | +0.0100% | 4h | $701 | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.345% | +0.0731% | 1h | $3.1M | $904K | 3x | as long as short |
| Injective SKY/USDC PERP | +0.444% | +0.0033% | 1h | $395 | $102K | 12x | as long as short |