After costs, if the gap returns to its 7d average, $10k−$50
spread now+0.033%7d average−0.012%fees + slippage, in and out−$55spread needed0.550%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKY | 0.07234 | 0.0096 | pay 0.0012% / 1h | 22m 21s | $190K | $169K | 10x |
| Short | Binance SKYUSDT | 0.07237 | 0.0100 | get 0.0050% / 4h | 2h 22m | $16.8M | $9.6M | 75x |
Lighter 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
- $3.34
- Funding while held
- $0.12
- Slippage, 4 orders
- −$45.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.55
- Spread needed to break even
- 0.550%
Slippage from Lighter: live order book, 65 min ago; Binance: live order book, 5 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 Lighter live order book, 65 min ago | 6.45 bp | 13.3 bp −$13 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.69 bp | 16.3 bp −$16 | 53.1 bp −$531 | 315.5 bp −$31.6K | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.07217cheapestGate0.07218+0.014%BingX0.07223+0.083%GMX0.07224+0.093%Nado0.07224+0.094%ApeX Omni0.07224+0.097%Variational Omni0.07225+0.109%OKX0.07229+0.166%Aster0.07230+0.179%KuCoin0.07230+0.180%Bitget0.07232+0.208%MEXC0.07234+0.236%
Bybit
Gate
BingX
GMX
Nado
ApeX Omni
Variational Omni
OKX
Aster
KuCoin
Bitget
MEXCLighter0.07234+0.237%
Orderly0.07234+0.240%
OrderlyBinance0.07237+0.270%
BloFin0.07237+0.277%Injective0.07239+0.305%Hyperliquid0.07247+0.409%
BloFin
Injective
HyperliquidSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SKYUSDT | −0.236% | +0.0100% | 4h | $8.1M | $3.1M | 25x | as long as short |
| Gate SKY_USDT | −0.223% | +0.0100% | 4h | $624K | $246K | 50x | as long as short |
| BingX SKY-USDT | −0.153% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| GMX SKY/USD [ETH-USDC] | −0.144% | L +0.0538% / S −0.0248% | 1h | $86K | — | 50x | as long as short |
| Nado SKY-PERP | −0.143% | +0.0100% | 1h | $72K | $29K | 5x | as long as short |
| ApeX Omni SKYUSDT | −0.140% | +0.0100% | 1h | $20K | $686K | 50x | as long as short |
| Variational Omni SKY | −0.127% | +0.0100% | 4h | $199K | $93K | — | as long as short |
| OKX SKY-USDT-SWAP | −0.070% | +0.0100% | 4h | $877K | $1.4M | 20x | as long as short |
| Aster SKYUSDT | −0.058% | +0.0100% | 4h | $43K | $39K | 20x | as long as short |
| KuCoin SKYUSDTM | −0.057% | +0.0100% | 4h | $454K | $290K | 50x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SKYUSDT | −0.029% | +0.0100% | 4h | $3.0M | $1.9M | 75x | as long as short |
| MEXC SKY_USDT | −0.001% | +0.0100% | 4h | $1.2M | $284K | 100x | as long as short |
| Lighter SKYlong | 0.000% | +0.0096% | 1h | $190K | $169K | 10x | |
| Orderly PERP_SKY_USDC_mythos | +0.003% | +0.0100% | 4h | $702 | $2K | 10x | as long as short |
| Binance SKYUSDTshort | +0.033% | +0.0100% | 4h | $16.8M | $9.6M | 75x | |
| BloFin SKY-USDT | +0.040% | +0.0070% | 4h | $626K | $611K | 75x | as long as short |
| Injective SKY/USDC PERP | +0.068% | +0.0033% | 1h | $395 | $162K | 12x | as long as short |
| Hyperliquid SKY | +0.171% | +0.0802% | 1h | $3.0M | $981K | 3x | as long as short |