Spread before costs (cost unknown: a leg has no order-book sample)+0.174%
7d average+0.160%if it closes, per $10,000$17funding while held, a day+$28.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SKY_USDT | 0.07240 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $1.1M | $275K | 100x |
| Short | Hyperliquid SKY | 0.07253 | 0.1062 | get 0.0133% / 1h | 50m 33s | $3.1M | $896K | 3x |
MEXC SKY_USDT
Hyperliquid 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
- $17.4
- Funding while held
- $28.86
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $33.26
- Spread needed to break even
- 0.130%
Slippage unknown: MEXC: live order book, 1 min ago; Hyperliquid: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0962%
- Per $10,000 a day
- +$28.86
- 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 MEXC live order book, 1 min ago | 1.38 bp | 11.4 bp −$11 | 71.9 bp −$719 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 2.49 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SKY price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.07206cheapestApeX Omni0.07209+0.038%BloFin0.07209+0.038%Gate0.07219+0.177%KuCoin0.07219+0.177%GMX0.07220+0.190%Orderly0.07223+0.235%Nado0.07225+0.257%Aster0.07226+0.271%Lighter0.07234+0.385%BingX0.07234+0.385%OKX0.07236+0.413%Bybit0.07238+0.441%
Variational Omni
ApeX Omni
BloFin
Gate
KuCoin
GMX
Orderly
Nado
Aster
Lighter
BingX
OKX
BybitMEXC0.07240+0.469%
Bitget0.07240+0.469%Binance0.07241+0.483%
Bitget
BinanceHyperliquid0.07253+0.643%
Injective0.07298+1.273%
InjectiveSKY on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.466% | +0.0100% | 4h | $196K | $88K | — | as long as short |
| ApeX Omni SKYUSDT | −0.428% | +0.0100% | 1h | $21K | $687K | 50x | as long as short |
| BloFin SKY-USDT | −0.428% | +0.0135% | 4h | $634K | $610K | 75x | as long as short |
| Gate SKY_USDT | −0.290% | +0.0100% | 4h | $610K | $207K | 50x | as long as short |
| KuCoin SKYUSDTM | −0.290% | +0.0100% | 4h | $454K | $294K | 50x | as long as short |
| GMX SKY/USD [ETH-USDC] | −0.278% | L +0.0542% / S −0.0248% | 1h | $85K | — | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | −0.232% | +0.0100% | 4h | $701 | $2K | 10x | as long as short |
| Nado SKY-PERP | −0.211% | +0.0100% | 1h | $75K | $24K | 5x | as long as short |
| Aster SKYUSDT | −0.197% | +0.0100% | 4h | $43K | $39K | 20x | as long as short |
| Lighter SKY | −0.083% | +0.0096% | 1h | $195K | $166K | 10x | as long as short |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX SKY-USDT | −0.083% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| OKX SKY-USDT-SWAP | −0.055% | +0.0100% | 4h | $877K | $1.5M | 20x | as long as short |
| Bybit SKYUSDT | −0.028% | +0.0100% | 4h | $8.2M | $3.2M | 25x | as long as short |
| MEXC SKY_USDTlong | 0.000% | +0.0100% | 4h | $1.1M | $275K | 100x | |
| Bitget SKYUSDT | 0.000% | +0.0100% | 4h | $3.0M | $1.9M | 75x | as long as short |
| Binance SKYUSDT | +0.015% | +0.0100% | 4h | $16.8M | $9.1M | 75x | as long as short |
| Hyperliquid SKYshort | +0.174% | +0.1062% | 1h | $3.1M | $896K | 3x | |
| Injective SKY/USDC PERP | +0.801% | +0.0033% | 1h | $398 | $152K | 12x | as long as short |