After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.043%7d average−0.090%fees + slippage, in and out−$30spread needed0.295%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYUSDT | 186.98 | 0 | get 0.0000% / 8h | 23m 44s | $15.8M | $21.2M | 100x |
| Short | Polymarket Perps SKHY-USD | 187.06 | 0.0050 | get 0.0006% / 1h | 23m 44s | $180K | $898K | 10x |
Bybit 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
- $4.28
- Funding while held
- $1.5
- Slippage, 4 orders
- −$10.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.77
- Spread needed to break even
- 0.295%
Slippage from Bybit: live order book, 1 min ago; Polymarket Perps: live order book, 26 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 Bybit live order book, 1 min ago | 0.27 bp | 7.8 bp −$8 | 13.1 bp −$131 | 38.4 bp −$3,844 | doesn't fit |
| Sell Polymarket Perps live order book, 26 min ago | 3.20 bp | 7.2 bp −$7 | 7.2 bp −$72 | 10.3 bp −$1,031 | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps186.72cheapestCoinbase International186.75+0.016%OKX186.85+0.070%tradeXYZ186.87+0.080%BloFin186.88+0.086%Binance186.93+0.114%Gate186.95+0.123%Bitget186.95+0.123%Extended186.96+0.126%Lighter RH186.98+0.139%
Ondo Perps
Coinbase International
OKX
tradeXYZ
BloFin
Binance
Gate
Bitget
Extended
Lighter RHBybit186.98+0.139%
KuCoin187.01+0.155%Variational Omni187.03+0.166%Vest187.03+0.166%Lighter187.05+0.177%HTX187.05+0.177%
KuCoin
Variational Omni
Vest
Lighter
HTXPolymarket Perps187.06+0.182%
Aster187.06+0.184%Arcus187.08+0.193%SoDEX187.10+0.204%QFEX187.11+0.209%Phemex187.11+0.209%Popdex187.15+0.230%Orderly187.17+0.241%Deribit187.17+0.241%Nado187.18+0.247%Kraken Futures187.29+0.306%edgeX187.33+0.327%Phoenix187.40+0.364%SunX187.42+0.375%
Aster
Arcus
SoDEX
QFEX
Phemex
Popdex
Orderly
Deribit
Nado
Kraken Futures
Phoenix
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps SKHY-USD.P | −0.139% | +0.0050% | 1h | $517K | $788K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.123% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.070% | 0.0000% | 8h | $47.2M | $51.7M | 50x | as long as short |
| tradeXYZ xyz:SKHY | −0.059% | +0.0050% | 1h | $174.9M | $48.2M | 10x | as long as short |
| BloFin SKHY-USDT | −0.053% | +0.0120% | 8h | $2.3M | $294K | 50x | as long as short |
| Binance SKHYUSDT | −0.025% | 0.0000% | 8h | $222.2M | $289.7M | 50x | as long as short |
| Gate SKHY_USDT | −0.016% | 0.0000% | 8h | $26.7M | $13.2M | 75x | as long as short |
| Bitget SKHYUSDT | −0.016% | 0.0000% | 8h | $24.2M | $19.8M | 20x | as long as short |
| Extended SKHY-USD | −0.013% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Lighter RH SKHY | 0.000% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SKHYUSDTlong | 0.000% | 0.0000% | 8h | $15.8M | $21.2M | 100x | |
| KuCoin SKHYUSDTM | +0.016% | +0.0040% | 8h | $1.1M | $301K | 20x | as long as short |
| Variational Omni SKHY | +0.026% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Vest SKHY-USD-PERP | +0.027% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Lighter SKHY | +0.037% | +0.0032% | 1h | $1.0M | $643K | 10x | as long as short |
| HTX SKHY-USDT | +0.037% | 0.0000% | 8h | $153K | $386K | 50x | as long as short |
| Polymarket Perps SKHY-USDshort | +0.043% | +0.0050% | 1h | $180K | $898K | 10x | |
| Aster SKHYUSDT | +0.044% | 0.0000% | 8h | $265K | $513K | 50x | as long as short |
| Arcus SKHY-USD | +0.053% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| SoDEX SKHY-USD | +0.064% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| QFEX SKHY-USD | +0.070% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| Phemex SKHYUSDT | +0.070% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.091% | +0.0048% | 1h | $200K | $203K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.102% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.102% | 0.0000% | 1h | $40K | $134K | 10x | as long as short |
| Nado SKHY-PERP | +0.108% | −0.0060% | 1h | $28K | $1K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.167% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| edgeX SKHYUSDC | +0.187% | −0.0929% | 4h | $565K | $288K | 10x | as long as short |
| Phoenix SKHY | +0.225% | +0.0256% | 1h | $211K | $91K | 10x | as long as short |
| SunX SKHY-USDT | +0.235% | 0.0000% | 8h | $686 | $6.9M | 10x | as long as short |