After costs, if the gap returns to its 7d average, $10k−$35
spread now−0.059%7d average−0.028%fees + slippage, in and out−$32spread needed0.317%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 187.00 | 0 | get 0.0000% / 8h | 7h 38m | $25.6M | $21.2M | 20x |
| Short | Arcus SKHY-USD | 186.89 | 0.0040 | get 0.0005% / 1h | 38m 06s | $53K | $122K | 10x |
Bitget SKHYUSDT
Arcus 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
- −$5.88
- Funding while held
- $1.21
- Slippage, 4 orders
- −$15.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$36.41
- Spread needed to break even
- 0.317%
Slippage from Bitget: live order book, 7 min ago; Arcus: live order book, 32 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 Bitget live order book, 7 min ago | 0.27 bp | 8.4 bp −$8 | 12.3 bp −$123 | 23.7 bp −$2,373 | doesn't fit |
| Sell Arcus live order book, 32 min ago | 4.28 bp | 7.0 bp −$7 | 11.3 bp −$113 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestPolymarket Perps186.80+0.027%Lighter RH186.82+0.037%HTX186.86+0.059%Vest186.88+0.070%Lighter186.89+0.075%
Coinbase International
Polymarket Perps
Lighter RH
HTX
Vest
LighterArcus186.89+0.075%
QFEX186.90+0.080%Nado186.90+0.082%tradeXYZ186.91+0.086%Extended186.92+0.089%Ondo Perps186.92+0.091%Popdex186.92+0.091%KuCoin186.92+0.091%SoDEX186.93+0.096%Phemex186.93+0.096%Binance186.94+0.102%Gate186.94+0.102%Aster186.94+0.102%OKX186.95+0.107%Deribit186.96+0.112%Bybit186.97+0.118%Orderly186.97+0.118%
QFEX
Nado
tradeXYZ
Extended
Ondo Perps
Popdex
KuCoin
SoDEX
Phemex
Binance
Gate
Aster
OKX
Deribit
Bybit
OrderlyBitget187.00+0.134%
edgeX187.01+0.137%Variational Omni187.03+0.151%Kraken Futures187.05+0.159%Phoenix187.05+0.161%BloFin187.12+0.198%SunX187.21+0.246%
Variational Omni
Kraken Futures
Phoenix
BloFin
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 | −0.134% | −0.0056% | 1h | $110K | $523K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.107% | +0.0050% | 1h | $184K | $914K | 10x | as long as short |
| Lighter RH SKHY | −0.096% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| HTX SKHY-USDT | −0.075% | 0.0000% | 8h | $153K | $373K | 50x | as long as short |
| Vest SKHY-USD-PERP | −0.064% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Lighter SKHY | −0.059% | +0.0032% | 1h | $1.0M | $650K | 10x | as long as short |
| Arcus SKHY-USDshort | −0.059% | +0.0040% | 1h | $53K | $122K | 10x | |
| QFEX SKHY-USD | −0.053% | −0.0009% | 1h | $1.2M | $4.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.051% | −0.0071% | 1h | $28K | $1K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.048% | +0.0050% | 1h | $172.8M | $50.9M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | −0.045% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.043% | +0.0050% | 1h | $520K | $808K | 10x | as long as short |
| Popdex SKHYUSDT | −0.043% | +0.0048% | 1h | $200K | $210K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.043% | +0.0094% | 8h | $1.1M | $297K | 20x | as long as short |
| SoDEX SKHY-USD | −0.037% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Phemex SKHYUSDT | −0.037% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Binance SKHYUSDT | −0.032% | 0.0000% | 8h | $218.4M | $304.4M | 50x | as long as short |
| Gate SKHY_USDT | −0.032% | 0.0000% | 8h | $26.6M | $13.6M | 75x | as long as short |
| Aster SKHYUSDT | −0.031% | 0.0000% | 8h | $266K | $570K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | −0.027% | 0.0000% | 8h | $47.3M | $53.4M | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.021% | 0.0000% | 1h | $44K | $154K | 10x | as long as short |
| Bybit SKHYUSDT | −0.016% | 0.0000% | 8h | $16.0M | $21.8M | 100x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.016% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Bitget SKHYUSDTlong | 0.000% | 0.0000% | 8h | $25.6M | $21.2M | 20x | |
| edgeX SKHYUSDC | +0.003% | −0.0221% | 4h | $564K | $289K | 10x | as long as short |
| Variational Omni SKHY | +0.017% | 0.0000% | 8h | $1.5M | $2.8M | — | as long as short |
| Kraken Futures PF_SKHYUSD | +0.025% | +0.0482% | 1h | $48K | $24K | 20x | as long as short |
| Phoenix SKHY | +0.027% | +0.0385% | 1h | $211K | $97K | 10x | as long as short |
| BloFin SKHY-USDT | +0.064% | +0.0120% | 8h | $2.3M | $333K | 50x | as long as short |
| SunX SKHY-USDT | +0.112% | 0.0000% | 8h | $685 | $7.3M | 10x | as long as short |