After costs, if the gap returns to its 7d average, $10k−$62
spread now−0.479%7d average−0.160%fees + slippage, in and out−$30spread needed0.298%
| 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 | 9m 59s | $111K | $604K | 10x |
| Short | Lighter SKHY | 187.09 | 0.0032 | get 0.0004% / 1h | 9m 59s | $1.0M | $675K | 10x |
Coinbase International SKHY-PERP-INTX
Lighter SKHYPrice 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
- −$47.87
- Funding while held
- $3.36
- Slippage, 4 orders
- −$19.83
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$74.34
- Spread needed to break even
- 0.298%
Slippage from Coinbase International: live order book, 30 min ago; Lighter: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0112%
- Per $10,000 a day
- +$3.36
- 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, 30 min ago | 6.92 bp | 14.0 bp −$14 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.80 bp | 2.2 bp −$2 | 3.1 bp −$31 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps187.00cheapestKuCoin187.01+0.005%HTX187.02+0.011%BloFin187.02+0.011%Lighter RH187.04+0.021%Binance187.08+0.043%tradeXYZ187.08+0.043%Popdex187.08+0.043%Variational Omni187.08+0.043%
Polymarket Perps
KuCoin
HTX
BloFin
Lighter RH
Binance
tradeXYZ
Popdex
Variational OmniLighter187.09+0.048%
QFEX187.09+0.048%Nado187.09+0.051%Bybit187.10+0.053%Gate187.10+0.053%Vest187.10+0.053%SoDEX187.10+0.053%Extended187.10+0.056%OKX187.11+0.059%Bitget187.11+0.059%Phemex187.12+0.064%Aster187.12+0.066%Arcus187.14+0.075%Orderly187.14+0.075%Deribit187.17+0.091%Ondo Perps187.21+0.112%Kraken Futures187.26+0.139%SunX187.38+0.203%Phoenix187.41+0.219%edgeX187.45+0.240%
QFEX
Nado
Bybit
Gate
Vest
SoDEX
Extended
OKX
Bitget
Phemex
Aster
Arcus
Orderly
Deribit
Ondo Perps
Kraken Futures
SunX
PhoenixCoinbase International187.99+0.529%
SKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps SKHY-USD | −0.527% | +0.0050% | 1h | $189K | $922K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.521% | +0.0087% | 8h | $1.1M | $296K | 20x | as long as short |
| HTX SKHY-USDT | −0.516% | 0.0000% | 8h | $153K | $377K | 50x | as long as short |
| BloFin SKHY-USDT | −0.516% | +0.0120% | 8h | $2.3M | $345K | 50x | as long as short |
| Lighter RH SKHY | −0.505% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Binance SKHYUSDT | −0.484% | 0.0000% | 8h | $214.1M | $337.9M | 50x | as long as short |
| tradeXYZ xyz:SKHY | −0.484% | +0.0005% | 1h | $170.6M | $55.6M | 10x | as long as short |
| Popdex SKHYUSDT | −0.484% | +0.0048% | 1h | $200K | $219K | 20x | as long as short |
| Variational Omni SKHY | −0.484% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Lighter SKHYshort | −0.479% | +0.0032% | 1h | $1.0M | $675K | 10x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.479% | −0.0014% | 1h | $1.2M | $5.0M | 10x | as long as short |
| Nado SKHY-PERP | −0.476% | −0.0094% | 1h | $28K | $1K | 10x | as long as short |
| Bybit SKHYUSDT | −0.473% | 0.0000% | 8h | $15.9M | $23.4M | 100x | as long as short |
| Gate SKHY_USDT | −0.473% | 0.0000% | 8h | $26.7M | $15.1M | 75x | as long as short |
| Vest SKHY-USD-PERP | −0.473% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| SoDEX SKHY-USD | −0.473% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| Extended SKHY-USD | −0.471% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.468% | 0.0000% | 8h | $46.8M | $57.1M | 50x | as long as short |
| Bitget SKHYUSDT | −0.468% | 0.0000% | 8h | $25.4M | $22.4M | 20x | as long as short |
| Phemex SKHYUSDT | −0.463% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Aster SKHYUSDT | −0.461% | 0.0000% | 8h | $252K | $772K | 50x | as long as short |
| Arcus SKHY-USD | −0.452% | +0.0040% | 1h | $62K | $136K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.452% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.436% | 0.0000% | 1h | $44K | $188K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.415% | +0.0050% | 1h | $516K | $828K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.388% | +0.0640% | 1h | $49K | $25K | 20x | as long as short |
| SunX SKHY-USDT | −0.324% | 0.0000% | 8h | $686 | $7.3M | 10x | as long as short |
| Phoenix SKHY | −0.309% | +0.0297% | 1h | $211K | $104K | 10x | as long as short |
| edgeX SKHYUSDC | −0.288% | −0.0982% | 4h | $565K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | 0.000% | −0.0080% | 1h | $111K | $604K | 10x |