After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.064%7d average+0.005%fees + slippage, in and out−$32spread needed0.319%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYUSDT | 188.37 | 0 | get 0.0000% / 8h | 7h 09m | $16.2M | $22.5M | 100x |
| Short | Popdex SKHYUSDT | 188.25 | 0.0048 | get 0.0006% / 1h | 9m 18s | $202K | $215K | 20x |
Bybit SKHYUSDT
Popdex SKHYUSDTPrice 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
- −$6.37
- Funding while held
- $1.44
- Slippage, 4 orders
- −$14.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$36.8
- Spread needed to break even
- 0.319%
Slippage from Bybit: live order book, 1 min ago; Popdex: live order book, 36 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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 | 7.6 bp −$8 | 13.4 bp −$134 | 44.7 bp −$4,465 | doesn't fit |
| Sell Popdex live order book, 36 min ago | 1.88 bp | 11.0 bp −$11 | 12.9 bp −$129 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.edgeX188.05cheapestLighter188.11+0.031%Lighter RH188.11+0.031%Coinbase International188.11+0.031%Ondo Perps188.12+0.036%Polymarket Perps188.18+0.068%Arcus188.20+0.079%QFEX188.20+0.079%HTX188.20+0.079%Nado188.21+0.083%KuCoin188.24+0.100%
Lighter
Lighter RH
Coinbase International
Ondo Perps
Polymarket Perps
Arcus
QFEX
HTX
Nado
KuCoinPopdex188.25+0.105%
Gate188.28+0.121%Aster188.29+0.127%Phemex188.30+0.132%Binance188.31+0.136%OKX188.31+0.137%Extended188.33+0.148%tradeXYZ188.33+0.148%Bitget188.33+0.148%Kraken Futures188.35+0.157%Orderly188.36+0.164%Deribit188.36+0.164%
Gate
Aster
Phemex
Binance
OKX
Extended
tradeXYZ
Bitget
Kraken Futures
Orderly
DeribitBybit188.37+0.169%
Vest188.39+0.180%Variational Omni188.40+0.187%BloFin188.47+0.222%SunX188.56+0.270%SoDEX188.59+0.286%Phoenix188.70+0.345%
Vest
Variational Omni
BloFin
SunX
SoDEX
PhoenixSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.169% | −0.0352% | 4h | $567K | $288K | 10x | as long as short |
| Lighter SKHY | −0.138% | +0.0032% | 1h | $1.0M | $666K | 10x | as long as short |
| Lighter RH SKHY | −0.138% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.138% | −0.0056% | 1h | $111K | $529K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.133% | +0.0050% | 1h | $518K | $828K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.101% | +0.0050% | 1h | $191K | $921K | 10x | as long as short |
| Arcus SKHY-USD | −0.090% | +0.0040% | 1h | $53K | $123K | 10x | as long as short |
| QFEX SKHY-USD | −0.090% | −0.0009% | 1h | $1.2M | $4.9M | 10x | as long as short |
| HTX SKHY-USDT | −0.090% | 0.0000% | 8h | $154K | $377K | 50x | as long as short |
| Nado SKHY-PERP | −0.086% | −0.0091% | 1h | $28K | $1K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SKHYUSDTM | −0.069% | +0.0095% | 8h | $1.1M | $298K | 20x | as long as short |
| Popdex SKHYUSDTshort | −0.064% | +0.0048% | 1h | $202K | $215K | 20x | |
| Gate SKHY_USDT | −0.048% | 0.0000% | 8h | $27.2M | $14.1M | 75x | as long as short |
| Aster SKHYUSDT | −0.042% | 0.0000% | 8h | $281K | $705K | 50x | as long as short |
| Phemex SKHYUSDT | −0.037% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Binance SKHYUSDT | −0.033% | 0.0000% | 8h | $216.3M | $323.0M | 50x | as long as short |
| OKX SKHY-USDT-SWAP | −0.032% | 0.0000% | 8h | $47.3M | $56.4M | 50x | as long as short |
| Extended SKHY-USD | −0.021% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.021% | +0.0043% | 1h | $172.3M | $53.3M | 10x | as long as short |
| Bitget SKHYUSDT | −0.021% | 0.0000% | 8h | $25.7M | $21.9M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.012% | +0.0479% | 1h | $49K | $24K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.005% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.005% | 0.0000% | 1h | $45K | $163K | 10x | as long as short |
| Bybit SKHYUSDTlong | 0.000% | 0.0000% | 8h | $16.2M | $22.5M | 100x | |
| Vest SKHY-USD-PERP | +0.011% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Variational Omni SKHY | +0.017% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| BloFin SKHY-USDT | +0.053% | +0.0120% | 8h | $2.3M | $340K | 50x | as long as short |
| SunX SKHY-USDT | +0.101% | 0.0000% | 8h | $690 | $7.3M | 10x | as long as short |
| SoDEX SKHY-USD | +0.117% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
| Phoenix SKHY | +0.175% | +0.0385% | 1h | $213K | $97K | 10x | as long as short |