After costs, if the gap returns to its 7d average, $10k−$26
spread now−0.059%7d average−0.044%fees + slippage, in and out−$25spread needed0.247%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 187.28 | 0 | get 0.0000% / 8h | 6h 25m | $213.7M | $334.8M | 50x |
| Short | Polymarket Perps SKHY-USD | 187.17 | 0.0050 | get 0.0006% / 1h | 25m 08s | $190K | $921K | 10x |
Binance SKHYUSDT
Polymarket Perps SKHY-USDPrice 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
- −$5.87
- Funding while held
- $1.5
- Slippage, 4 orders
- −$6.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$29.07
- Spread needed to break even
- 0.247%
Slippage from Binance: live order book, 5 min ago; Polymarket Perps: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.50
- 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 Binance live order book, 5 min ago | 0.27 bp | 6.0 bp −$6 | 8.4 bp −$84 | 19.5 bp −$1,949 | 54.5 bp −$27.3K |
| Sell Polymarket Perps live order book, 14 min ago | 2.40 bp | 6.4 bp −$6 | 6.4 bp −$64 | 10.7 bp −$1,070 | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Lighter RH187.17cheapest
Lighter RHPolymarket Perps187.17cheapest
KuCoin187.19+0.011%HTX187.20+0.016%Popdex187.23+0.032%BloFin187.23+0.032%Lighter187.25+0.043%Gate187.25+0.043%SoDEX187.25+0.043%Extended187.25+0.044%QFEX187.26+0.048%Phemex187.26+0.048%Nado187.27+0.051%Orderly187.27+0.053%
KuCoin
HTX
Popdex
BloFin
Lighter
Gate
SoDEX
Extended
QFEX
Phemex
Nado
OrderlyBinance187.28+0.059%
Vest187.28+0.059%OKX187.29+0.064%Arcus187.29+0.064%tradeXYZ187.30+0.069%Variational Omni187.31+0.072%Aster187.31+0.075%Bitget187.31+0.075%Deribit187.31+0.075%Bybit187.35+0.096%edgeX187.41+0.129%Kraken Futures187.41+0.130%Ondo Perps187.46+0.155%SunX187.50+0.176%Phoenix187.52+0.187%Coinbase International187.99+0.438%
Vest
OKX
Arcus
tradeXYZ
Variational Omni
Aster
Bitget
Deribit
Bybit
Kraken Futures
Ondo Perps
SunX
Phoenix
Coinbase InternationalSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SKHY | −0.059% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Polymarket Perps SKHY-USDshort | −0.059% | +0.0050% | 1h | $190K | $921K | 10x | |
| KuCoin SKHYUSDTM | −0.048% | +0.0091% | 8h | $1.1M | $298K | 20x | as long as short |
| HTX SKHY-USDT | −0.043% | 0.0000% | 8h | $153K | $377K | 50x | as long as short |
| Popdex SKHYUSDT | −0.027% | +0.0048% | 1h | $200K | $219K | 20x | as long as short |
| BloFin SKHY-USDT | −0.027% | +0.0120% | 8h | $2.3M | $344K | 50x | as long as short |
| Lighter SKHY | −0.016% | +0.0032% | 1h | $1.0M | $672K | 10x | as long as short |
| Gate SKHY_USDT | −0.016% | 0.0000% | 8h | $26.8M | $15.0M | 75x | as long as short |
| SoDEX SKHY-USD | −0.016% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| Extended SKHY-USD | −0.015% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.011% | −0.0014% | 1h | $1.2M | $5.0M | 10x | as long as short |
| Phemex SKHYUSDT | −0.011% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | −0.007% | −0.0093% | 1h | $28K | $1K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.005% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.000% | 0.0000% | 8h | $213.7M | $334.8M | 50x | |
| Vest SKHY-USD-PERP | 0.000% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | +0.005% | 0.0000% | 8h | $46.9M | $57.0M | 50x | as long as short |
| Arcus SKHY-USD | +0.005% | +0.0040% | 1h | $53K | $124K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.011% | +0.0004% | 1h | $171.0M | $55.3M | 10x | as long as short |
| Variational Omni SKHY | +0.014% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Aster SKHYUSDT | +0.016% | 0.0000% | 8h | $248K | $762K | 50x | as long as short |
| Bitget SKHYUSDT | +0.016% | 0.0000% | 8h | $25.5M | $22.2M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.016% | 0.0000% | 1h | $44K | $178K | 10x | as long as short |
| Bybit SKHYUSDT | +0.037% | 0.0000% | 8h | $15.9M | $23.3M | 100x | as long as short |
| edgeX SKHYUSDC | +0.070% | −0.0195% | 4h | $565K | $288K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.072% | +0.0640% | 1h | $49K | $25K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | +0.096% | +0.0050% | 1h | $516K | $828K | 10x | as long as short |
| SunX SKHY-USDT | +0.117% | 0.0000% | 8h | $686 | $7.3M | 10x | as long as short |
| Phoenix SKHY | +0.128% | +0.0297% | 1h | $212K | $104K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.379% | −0.0080% | 1h | $111K | $604K | 10x | as long as short |