After costs, if the gap returns to its 7d average, $10k−$63
spread now−0.367%7d average−0.144%fees + slippage, in and out−$40spread needed0.403%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SKHY-PERP-INTX | 187.99 | −0.0080 | get 0.0010% / 1h | 25m 55s | $111K | $604K | 10x |
| Short | Arcus SKHY-USD | 187.30 | 0.0040 | get 0.0005% / 1h | 25m 55s | $53K | $124K | 10x |
Coinbase International SKHY-PERP-INTX
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
- −$36.7
- Funding while held
- $3.61
- Slippage, 4 orders
- −$25.85
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$73.44
- Spread needed to break even
- 0.403%
Slippage from Coinbase International: live order book, 14 min ago; Arcus: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0120%
- Per $10,000 a day
- +$3.61
- 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 Coinbase International live order book, 14 min ago | 6.92 bp | 14.0 bp −$14 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 39 min ago | 1.86 bp | 7.8 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Lighter RH187.16cheapestKuCoin187.20+0.021%HTX187.20+0.021%Polymarket Perps187.22+0.032%BloFin187.22+0.032%Gate187.23+0.037%OKX187.24+0.043%tradeXYZ187.25+0.048%Lighter187.25+0.048%Binance187.25+0.048%SoDEX187.25+0.048%Popdex187.26+0.053%Phemex187.26+0.053%Extended187.26+0.055%QFEX187.28+0.064%Variational Omni187.29+0.067%Bybit187.29+0.069%Bitget187.29+0.069%Vest187.29+0.069%
Lighter RH
KuCoin
HTX
Polymarket Perps
BloFin
Gate
OKX
tradeXYZ
Lighter
Binance
SoDEX
Popdex
Phemex
Extended
QFEX
Variational Omni
Bybit
Bitget
VestArcus187.30+0.075%
Nado187.33+0.089%Orderly187.34+0.096%Deribit187.34+0.096%Aster187.36+0.108%edgeX187.41+0.134%Kraken Futures187.42+0.141%Ondo Perps187.46+0.160%SunX187.52+0.192%Phoenix187.60+0.235%
Nado
Orderly
Deribit
Aster
Kraken Futures
Ondo Perps
SunX
PhoenixCoinbase International187.99+0.443%
SKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SKHY | −0.442% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.420% | +0.0092% | 8h | $1.1M | $298K | 20x | as long as short |
| HTX SKHY-USDT | −0.420% | 0.0000% | 8h | $153K | $377K | 50x | as long as short |
| Polymarket Perps SKHY-USD | −0.410% | +0.0050% | 1h | $190K | $921K | 10x | as long as short |
| BloFin SKHY-USDT | −0.410% | +0.0120% | 8h | $2.3M | $344K | 50x | as long as short |
| Gate SKHY_USDT | −0.404% | 0.0000% | 8h | $26.8M | $15.0M | 75x | as long as short |
| OKX SKHY-USDT-SWAP | −0.399% | 0.0000% | 8h | $46.9M | $57.0M | 50x | as long as short |
| tradeXYZ xyz:SKHY | −0.394% | +0.0004% | 1h | $171.0M | $55.2M | 10x | as long as short |
| Lighter SKHY | −0.394% | +0.0032% | 1h | $1.0M | $672K | 10x | as long as short |
| Binance SKHYUSDT | −0.394% | 0.0000% | 8h | $213.7M | $334.6M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX SKHY-USD | −0.394% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| Popdex SKHYUSDT | −0.388% | +0.0048% | 1h | $200K | $218K | 20x | as long as short |
| Phemex SKHYUSDT | −0.388% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Extended SKHY-USD | −0.387% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| QFEX SKHY-USD | −0.378% | −0.0014% | 1h | $1.2M | $5.0M | 10x | as long as short |
| Variational Omni SKHY | −0.375% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Bybit SKHYUSDT | −0.372% | 0.0000% | 8h | $15.9M | $23.2M | 100x | as long as short |
| Bitget SKHYUSDT | −0.372% | 0.0000% | 8h | $25.5M | $22.2M | 20x | as long as short |
| Vest SKHY-USD-PERP | −0.372% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Arcus SKHY-USDshort | −0.367% | +0.0040% | 1h | $53K | $124K | 10x | |
| Nado SKHY-PERP | −0.353% | −0.0093% | 1h | $28K | $1K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.346% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.346% | 0.0000% | 1h | $44K | $177K | 10x | as long as short |
| Aster SKHYUSDT | −0.334% | 0.0000% | 8h | $249K | $762K | 50x | as long as short |
| edgeX SKHYUSDC | −0.308% | −0.0195% | 4h | $565K | $288K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.301% | +0.0640% | 1h | $49K | $25K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | −0.282% | +0.0050% | 1h | $516K | $828K | 10x | as long as short |
| SunX SKHY-USDT | −0.250% | 0.0000% | 8h | $686 | $7.3M | 10x | as long as short |
| Phoenix SKHY | −0.207% | +0.0297% | 1h | $212K | $104K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | 0.000% | −0.0080% | 1h | $111K | $604K | 10x |