Spread before costs (cost unknown: a leg has no order-book sample)−0.188%
7d average−0.161%if it closes, per $10,000$19funding while held, a day−$23.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SKY | 0.07233 | 0.0880 | pay 0.0110% / 1h | 34m 58s | $3.0M | $979K | 3x |
| Short | MEXC SKY_USDT | 0.07219 | 0.0100 | get 0.0050% / 4h | 2h 34m | $1.1M | $283K | 100x |
Hyperliquid SKY
MEXC SKY_USDTPrice 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
- −$18.8
- Funding while held
- −$23.39
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$55.19
- Spread needed to break even
- 0.130%
Slippage unknown: Hyperliquid: live order book, 8 min ago; MEXC: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0780%
- Per $10,000 a day
- −$23.39
- 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, 8 min ago | 2.01 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 0.69 bp | 10.5 bp −$10 | 53.6 bp −$536 | 277.6 bp −$27.8K | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.07197cheapestGate0.07204+0.104%Bybit0.07208+0.159%BingX0.07211+0.201%OKX0.07217+0.284%KuCoin0.07217+0.284%Bitget0.07217+0.284%ApeX Omni0.07217+0.284%Binance0.07219+0.312%
Variational Omni
Gate
Bybit
BingX
OKX
KuCoin
Bitget
ApeX Omni
BinanceMEXC0.07219+0.312%
BloFin0.07220+0.326%Nado0.07222+0.350%GMX0.07224+0.384%Aster0.07225+0.395%Orderly0.07227+0.420%Lighter0.07229+0.457%
BloFin
Nado
GMX
Aster
Orderly
LighterHyperliquid0.07233+0.501%
Injective0.07239+0.590%
InjectiveSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.499% | +0.0100% | 4h | $199K | $93K | — | as long as short |
| Gate SKY_USDT | −0.395% | +0.0100% | 4h | $622K | $245K | 50x | as long as short |
| Bybit SKYUSDT | −0.340% | +0.0100% | 4h | $8.1M | $3.1M | 25x | as long as short |
| BingX SKY-USDT | −0.299% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| OKX SKY-USDT-SWAP | −0.216% | +0.0100% | 4h | $876K | $1.4M | 20x | as long as short |
| KuCoin SKYUSDTM | −0.216% | +0.0100% | 4h | $454K | $290K | 50x | as long as short |
| Bitget SKYUSDT | −0.216% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| ApeX Omni SKYUSDT | −0.216% | +0.0100% | 1h | $20K | $685K | 50x | as long as short |
| Binance SKYUSDT | −0.188% | +0.0100% | 4h | $16.7M | $9.6M | 75x | as long as short |
| MEXC SKY_USDTshort | −0.188% | +0.0100% | 4h | $1.1M | $283K | 100x |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SKY-USDT | −0.174% | +0.0056% | 4h | $629K | $610K | 75x | as long as short |
| Nado SKY-PERP | −0.150% | +0.0100% | 1h | $72K | $29K | 5x | as long as short |
| GMX SKY/USD [ETH-USDC] | −0.116% | L +0.0537% / S −0.0248% | 1h | $86K | — | 50x | as long as short |
| Aster SKYUSDT | −0.105% | +0.0100% | 4h | $43K | $39K | 20x | as long as short |
| Orderly PERP_SKY_USDC_mythos | −0.080% | +0.0100% | 4h | $701 | $2K | 10x | as long as short |
| Lighter SKY | −0.044% | +0.0096% | 1h | $190K | $168K | 10x | as long as short |
| Hyperliquid SKYlong | 0.000% | +0.0880% | 1h | $3.0M | $979K | 3x | |
| Injective SKY/USDC PERP | +0.088% | +0.0033% | 1h | $395 | $162K | 12x | as long as short |