After costs, if the gap returns to its 7d average, $10k−$1,173
spread now−0.033%7d average+0.116%fees + slippage, in and out−$1,158spread needed11.580%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKYUSDTM | 0.07210 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $453K | $289K | 50x |
| Short | Lighter SKY | 0.07208 | 0.0096 | get 0.0012% / 1h | 10m 35s | $189K | $171K | 10x |
KuCoin SKYUSDTM
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
- −$3.33
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$1,146.04
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1,161.49
- Spread needed to break even
- 11.580%
Slippage from KuCoin: live order book, 29 min ago; Lighter: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 KuCoin live order book, 29 min ago | 41.60 bp | 586.1 bp −$586 | 938.1 bp −$9,381 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 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 Omni0.07191cheapestGate0.07191+0.005%Nado0.07196+0.071%GMX0.07198+0.110%Orderly0.07200+0.125%ApeX Omni0.07204+0.186%Bybit0.07205+0.200%BingX0.07205+0.200%Aster0.07206+0.213%BloFin0.07207+0.228%
Variational Omni
Gate
Nado
GMX
Orderly
ApeX Omni
Bybit
BingX
Aster
BloFinLighter0.07208+0.236%
OKX0.07208+0.242%
OKXKuCoin0.07210+0.270%
Bitget0.07212+0.297%Binance0.07213+0.312%MEXC0.07214+0.325%Hyperliquid0.07216+0.359%Injective0.07239+0.673%
Bitget
Binance
MEXC
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 | −0.269% | +0.0054% | 4h | $198K | $93K | — | as long as short |
| Gate SKY_USDT | −0.264% | +0.0100% | 4h | $621K | $247K | 50x | as long as short |
| Nado SKY-PERP | −0.198% | +0.0100% | 1h | $70K | $30K | 5x | as long as short |
| GMX SKY/USD [ETH-USDC] | −0.160% | L +0.0538% / S −0.0248% | 1h | $85K | — | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | −0.144% | +0.0100% | 4h | $698 | $2K | 10x | as long as short |
| ApeX Omni SKYUSDT | −0.083% | +0.0100% | 1h | $20K | $683K | 50x | as long as short |
| Bybit SKYUSDT | −0.069% | +0.0100% | 4h | $8.1M | $3.2M | 25x | as long as short |
| BingX SKY-USDT | −0.069% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Aster SKYUSDT | −0.057% | +0.0100% | 4h | $43K | $39K | 20x | as long as short |
| BloFin SKY-USDT | −0.042% | +0.0053% | 4h | $625K | $609K | 75x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter SKYshort | −0.033% | +0.0096% | 1h | $189K | $171K | 10x | |
| OKX SKY-USDT-SWAP | −0.028% | +0.0100% | 4h | $872K | $1.4M | 20x | as long as short |
| KuCoin SKYUSDTMlong | 0.000% | +0.0100% | 4h | $453K | $289K | 50x | |
| Bitget SKYUSDT | +0.028% | +0.0100% | 4h | $3.0M | $2.0M | 75x | as long as short |
| Binance SKYUSDT | +0.042% | +0.0100% | 4h | $16.7M | $9.7M | 75x | as long as short |
| MEXC SKY_USDT | +0.055% | +0.0100% | 4h | $1.1M | $285K | 100x | as long as short |
| Hyperliquid SKY | +0.089% | +0.0831% | 1h | $3.0M | $993K | 3x | as long as short |
| Injective SKY/USDC PERP | +0.402% | +0.0033% | 1h | $395 | $162K | 12x | as long as short |