After costs, if the gap returns to its 7d average, $10k−$37
spread now+0.016%7d average+0.003%fees + slippage, in and out−$38spread needed0.378%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 187.07 | 0.0040 | pay 0.0005% / 1h | 33m 29s | $53K | $125K | 10x |
| Short | Gate SKHY_USDT | 187.10 | 0 | get 0.0000% / 8h | 33m 29s | $27.0M | $13.0M | 75x |
Arcus SKHY-USD
Gate SKHY_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
- $1.6
- Funding while held
- −$1.21
- Slippage, 4 orders
- −$18.28
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.38
- Spread needed to break even
- 0.378%
Slippage from Arcus: live order book, 42 min ago; Gate: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0040%
- Per $10,000 a day
- −$1.21
- 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 Arcus live order book, 42 min ago | 3.20 bp | 7.0 bp −$7 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.60 bp | 12.4 bp −$12 | 24.1 bp −$241 | 50.3 bp −$5,035 | 84.9 bp −$42.4K |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestLighter RH186.97+0.118%Polymarket Perps186.98+0.123%OKX187.05+0.161%Ondo Perps187.06+0.166%Lighter187.07+0.171%
Coinbase International
Lighter RH
Polymarket Perps
OKX
Ondo Perps
LighterArcus187.07+0.171%
QFEX187.07+0.171%KuCoin187.07+0.171%Extended187.07+0.172%tradeXYZ187.08+0.177%Binance187.08+0.179%Bybit187.09+0.182%Popdex187.09+0.182%
QFEX
KuCoin
Extended
tradeXYZ
Binance
Bybit
PopdexGate187.10+0.187%
Bitget187.10+0.187%Nado187.10+0.189%Vest187.11+0.193%HTX187.11+0.193%Aster187.11+0.193%edgeX187.16+0.218%SoDEX187.20+0.241%Phemex187.20+0.241%Orderly187.21+0.246%BloFin187.22+0.252%Variational Omni187.24+0.261%Deribit187.24+0.262%Kraken Futures187.35+0.322%Phoenix187.51+0.407%SunX187.52+0.412%
Bitget
Nado
Vest
HTX
Aster
SoDEX
Phemex
Orderly
BloFin
Variational Omni
Deribit
Kraken Futures
Phoenix
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SKHY-PERP-INTX | −0.171% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| Lighter RH SKHY | −0.053% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.048% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.011% | 0.0000% | 8h | $47.4M | $51.0M | 50x | as long as short |
| Ondo Perps SKHY-USD.P | −0.005% | +0.0050% | 1h | $517K | $784K | 10x | as long as short |
| Lighter SKHY | 0.000% | +0.0032% | 1h | $1.0M | $639K | 10x | as long as short |
| Arcus SKHY-USDlong | 0.000% | +0.0040% | 1h | $53K | $125K | 10x | |
| QFEX SKHY-USD | 0.000% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | 0.000% | +0.0022% | 8h | $1.1M | $301K | 20x | as long as short |
| Extended SKHY-USD | +0.001% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHY | +0.005% | +0.0050% | 1h | $176.2M | $46.0M | 10x | as long as short |
| Binance SKHYUSDT | +0.007% | 0.0000% | 8h | $224.5M | $280.3M | 50x | as long as short |
| Bybit SKHYUSDT | +0.011% | 0.0000% | 8h | $16.0M | $20.9M | 100x | as long as short |
| Popdex SKHYUSDT | +0.011% | +0.0048% | 1h | $201K | $199K | 20x | as long as short |
| Gate SKHY_USDTshort | +0.016% | 0.0000% | 8h | $27.0M | $13.0M | 75x | |
| Bitget SKHYUSDT | +0.016% | 0.0000% | 8h | $24.3M | $19.6M | 20x | as long as short |
| Nado SKHY-PERP | +0.018% | −0.0064% | 1h | $28K | $1K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.021% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| HTX SKHY-USDT | +0.021% | 0.0000% | 8h | $153K | $387K | 50x | as long as short |
| Aster SKHYUSDT | +0.022% | 0.0000% | 8h | $265K | $510K | 50x | as long as short |
| edgeX SKHYUSDC | +0.047% | −0.0364% | 4h | $564K | $289K | 10x | as long as short |
| SoDEX SKHY-USD | +0.069% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Phemex SKHYUSDT | +0.069% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.075% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.080% | +0.0120% | 8h | $2.3M | $292K | 50x | as long as short |
| Variational Omni SKHY | +0.089% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.091% | 0.0000% | 1h | $39K | $132K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.150% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| Phoenix SKHY | +0.235% | +0.0256% | 1h | $212K | $91K | 10x | as long as short |
| SunX SKHY-USDT | +0.241% | 0.0000% | 8h | $686 | $6.7M | 10x | as long as short |