Spread before costs (cost unknown: a leg has no order-book sample)−0.206%
7d average−0.208%if it closes, per $10,000$21funding while held, a day−$18.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SKY | 0.07249 | 0.0715 | pay 0.0089% / 1h | 42m 17s | $3.1M | $995K | 3x |
| Short | OKX SKY-USDT-SWAP | 0.07234 | 0.0100 | get 0.0050% / 4h | 1h 42m | $878K | $1.4M | 20x |
Hyperliquid SKY
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
- −$20.55
- Funding while held
- −$18.46
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.01
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 10 min ago; OKX: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0615%
- Per $10,000 a day
- −$18.46
- 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, 10 min ago | 2.97 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.77 bp | 31.5 bp −$31 | 214.4 bp −$2,144 | doesn't fit | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Gate0.07218cheapestVariational Omni0.07222+0.051%Bybit0.07225+0.097%ApeX Omni0.07231+0.180%KuCoin0.07232+0.194%
Gate
Variational Omni
Bybit
ApeX Omni
KuCoinOKX0.07234+0.222%
BingX0.07234+0.222%Bitget0.07235+0.236%GMX0.07236+0.249%Nado0.07237+0.270%Aster0.07238+0.277%MEXC0.07238+0.277%Injective0.07239+0.291%Binance0.07240+0.302%Orderly0.07240+0.305%BloFin0.07241+0.319%Lighter0.07243+0.344%
BingX
Bitget
GMX
Nado
Aster
MEXC
Injective
Binance
Orderly
BloFin
LighterHyperliquid0.07249+0.428%
SKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate SKY_USDT | −0.426% | +0.0100% | 4h | $623K | $239K | 50x | as long as short |
| Variational Omni SKY | −0.375% | −0.0015% | 4h | $199K | $92K | — | as long as short |
| Bybit SKYUSDT | −0.330% | +0.0100% | 4h | $8.1M | $3.2M | 25x | as long as short |
| ApeX Omni SKYUSDT | −0.247% | +0.0100% | 1h | $20K | $685K | 50x | as long as short |
| KuCoin SKYUSDTM | −0.233% | +0.0100% | 4h | $455K | $289K | 50x | as long as short |
| OKX SKY-USDT-SWAPshort | −0.206% | +0.0100% | 4h | $878K | $1.4M | 20x | |
| BingX SKY-USDT | −0.206% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Bitget SKYUSDT | −0.192% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| GMX SKY/USD [ETH-USDC] | −0.178% | L +0.0538% / S −0.0248% | 1h | $86K | — | 50x | as long as short |
| Nado SKY-PERP | −0.157% | +0.0100% | 1h | $71K | $30K | 5x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SKYUSDT | −0.150% | +0.0100% | 4h | $44K | $39K | 20x | as long as short |
| MEXC SKY_USDT | −0.150% | +0.0100% | 4h | $1.1M | $277K | 100x | as long as short |
| Injective SKY/USDC PERP | −0.137% | +0.0033% | 1h | $395 | $102K | 12x | as long as short |
| Binance SKYUSDT | −0.126% | +0.0100% | 4h | $16.8M | $9.8M | 75x | as long as short |
| Orderly PERP_SKY_USDC_mythos | −0.123% | +0.0100% | 4h | $702 | $2K | 10x | as long as short |
| BloFin SKY-USDT | −0.109% | +0.0107% | 4h | $623K | $612K | 75x | as long as short |
| Lighter SKY | −0.084% | +0.0096% | 1h | $190K | $157K | 10x | as long as short |
| Hyperliquid SKYlong | 0.000% | +0.0715% | 1h | $3.1M | $995K | 3x |