After costs, if the gap returns to its 7d average, $10k−$92
spread now+0.083%7d average−0.009%fees + slippage, in and out−$101spread needed1.008%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKYUSDT | 0.07203 | 0.0067 | pay 0.0034% / 4h | 1h 21m | $8.1M | $3.2M | 25x |
| Short | OKX SKY-USDT-SWAP | 0.07209 | 0.0100 | get 0.0050% / 4h | 1h 21m | $877K | $1.3M | 20x |
Bybit SKYUSDT
OKX SKY-USDT-SWAPPrice 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
- $8.33
- Funding while held
- $0.98
- Slippage, 4 orders
- −$79.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$91.49
- Spread needed to break even
- 1.008%
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0033%
- Per $10,000 a day
- +$0.98
- 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 | 1.39 bp | 25.3 bp −$25 | 279.6 bp −$2,796 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 4.16 bp | 30.0 bp −$30 | 222.4 bp −$2,224 | doesn't fit | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.KuCoin0.07194cheapestGate0.07198+0.056%
KuCoin
GateBybit0.07203+0.125%
Variational Omni0.07206+0.171%
Variational OmniOKX0.07209+0.209%
BingX0.07209+0.209%Nado0.07211+0.233%GMX0.07212+0.252%Bitget0.07213+0.264%ApeX Omni0.07215+0.292%Orderly0.07215+0.295%Aster0.07216+0.311%MEXC0.07217+0.320%Lighter0.07218+0.341%Binance0.07219+0.342%BloFin0.07220+0.361%Hyperliquid0.07229+0.487%Injective0.07239+0.626%
BingX
Nado
GMX
Bitget
ApeX Omni
Orderly
Aster
MEXC
Lighter
Binance
BloFin
Hyperliquid
InjectiveSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SKYUSDTM | −0.125% | +0.0100% | 4h | $452K | $286K | 50x | as long as short |
| Gate SKY_USDT | −0.069% | +0.0100% | 4h | $621K | $240K | 50x | as long as short |
| Bybit SKYUSDTlong | 0.000% | +0.0067% | 4h | $8.1M | $3.2M | 25x | |
| Variational Omni SKY | +0.046% | −0.0143% | 4h | $199K | $92K | — | as long as short |
| OKX SKY-USDT-SWAPshort | +0.083% | +0.0100% | 4h | $877K | $1.3M | 20x | |
| BingX SKY-USDT | +0.083% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Nado SKY-PERP | +0.108% | +0.0100% | 1h | $72K | $28K | 5x | as long as short |
| GMX SKY/USD [ETH-USDC] | +0.126% | L +0.0537% / S −0.0248% | 1h | $85K | — | 50x | as long as short |
| Bitget SKYUSDT | +0.139% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| ApeX Omni SKYUSDT | +0.167% | +0.0100% | 1h | $20K | $685K | 50x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_SKY_USDC_mythos | +0.169% | +0.0100% | 4h | $700 | $2K | 10x | as long as short |
| Aster SKYUSDT | +0.185% | +0.0100% | 4h | $43K | $40K | 20x | as long as short |
| MEXC SKY_USDT | +0.194% | +0.0100% | 4h | $1.1M | $279K | 100x | as long as short |
| Lighter SKY | +0.215% | +0.0096% | 1h | $189K | $161K | 10x | as long as short |
| Binance SKYUSDT | +0.216% | +0.0100% | 4h | $16.7M | $9.6M | 75x | as long as short |
| BloFin SKY-USDT | +0.236% | +0.0067% | 4h | $624K | $610K | 75x | as long as short |
| Hyperliquid SKY | +0.361% | +0.0781% | 1h | $3.0M | $878K | 3x | as long as short |
| Injective SKY/USDC PERP | +0.500% | +0.0033% | 1h | $395 | $102K | 12x | as long as short |