Spread before costs (cost unknown: a leg has no order-book sample)−0.123%
7d average−0.153%if it closes, per $10,000$12funding while held, a day−$18.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SKY | 0.07259 | 0.0719 | pay 0.0090% / 1h | 33m 31s | $3.1M | $984K | 3x |
| Short | Binance SKYUSDT | 0.07250 | 0.0100 | get 0.0050% / 4h | 3h 33m | $16.9M | $9.5M | 75x |
Hyperliquid SKY
Binance SKYUSDTPrice 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
- −$12.26
- Funding while held
- −$18.57
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$49.83
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 9 min ago; Binance: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0619%
- Per $10,000 a day
- −$18.57
- 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 Hyperliquid live order book, 9 min ago | 3.69 bp | 20.7 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.74 bp | 18.5 bp −$18 | 56.5 bp −$565 | 325.8 bp −$32.6K | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Injective0.07239cheapestKuCoin0.07241+0.028%Bybit0.07242+0.041%OKX0.07243+0.055%Bitget0.07243+0.055%Nado0.07250+0.152%
Injective
KuCoin
Bybit
OKX
Bitget
NadoBinance0.07250+0.152%
BingX0.07250+0.152%GMX0.07250+0.156%MEXC0.07252+0.180%Lighter0.07254+0.200%Orderly0.07256+0.229%Aster0.07256+0.242%Gate0.07258+0.262%
BingX
GMX
MEXC
Lighter
Orderly
Aster
GateHyperliquid0.07259+0.275%
Variational Omni0.07259+0.280%ApeX Omni0.07271+0.442%BloFin0.07272+0.456%
Variational Omni
ApeX Omni
BloFinSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SKY/USDC PERP | −0.274% | +0.0033% | 1h | $395 | $162K | 12x | as long as short |
| KuCoin SKYUSDTM | −0.247% | +0.0100% | 4h | $455K | $291K | 50x | as long as short |
| Bybit SKYUSDT | −0.233% | +0.0100% | 4h | $8.2M | $3.1M | 25x | as long as short |
| OKX SKY-USDT-SWAP | −0.219% | +0.0100% | 4h | $879K | $1.4M | 20x | as long as short |
| Bitget SKYUSDT | −0.219% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| Nado SKY-PERP | −0.123% | +0.0090% | 1h | $71K | $28K | 5x | as long as short |
| Binance SKYUSDTshort | −0.123% | +0.0100% | 4h | $16.9M | $9.5M | 75x | |
| BingX SKY-USDT | −0.123% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| GMX SKY/USD [ETH-USDC] | −0.118% | L +0.0538% / S −0.0248% | 1h | $86K | — | 50x | as long as short |
| MEXC SKY_USDT | −0.095% | +0.0100% | 4h | $1.2M | $285K | 100x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter SKY | −0.074% | +0.0096% | 1h | $197K | $171K | 10x | as long as short |
| Orderly PERP_SKY_USDC_mythos | −0.045% | +0.0100% | 4h | $704 | $2K | 10x | as long as short |
| Aster SKYUSDT | −0.033% | +0.0100% | 4h | $44K | $47K | 20x | as long as short |
| Gate SKY_USDT | −0.012% | +0.0100% | 4h | $634K | $241K | 50x | as long as short |
| Hyperliquid SKYlong | 0.000% | +0.0719% | 1h | $3.1M | $984K | 3x | |
| Variational Omni SKY | +0.005% | +0.0100% | 4h | $202K | $92K | — | as long as short |
| ApeX Omni SKYUSDT | +0.167% | +0.0100% | 1h | $20K | $686K | 50x | as long as short |
| BloFin SKY-USDT | +0.180% | +0.0095% | 4h | $627K | $615K | 75x | as long as short |