After costs, if the gap returns to its 7d average, $10k−$40
spread now+0.203%7d average+0.167%fees + slippage, in and out−$43spread needed0.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 187.13 | 0 | get 0.0000% / 8h | 32m 57s | $26.9M | $13.0M | 75x |
| Short | Phoenix SKHY | 187.51 | 0.0256 | get 0.0032% / 1h | 32m 57s | $212K | $91K | 10x |
Gate SKHY_USDT
Phoenix 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
- $20.31
- Funding while held
- $7.69
- Slippage, 4 orders
- −$21.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$15.43
- Spread needed to break even
- 0.434%
Slippage from Gate: live order book, 2 min ago; Phoenix: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0256%
- Per $10,000 a day
- +$7.69
- 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 Gate live order book, 2 min ago | 1.60 bp | 11.3 bp −$11 | 19.3 bp −$193 | 29.9 bp −$2,986 | 54.3 bp −$27.2K |
| Sell Phoenix live order book, 14 min ago | 2.67 bp | 9.8 bp −$10 | 20.4 bp −$204 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestPolymarket Perps186.98+0.123%Lighter RH187.00+0.134%BloFin187.02+0.145%HTX187.05+0.161%Ondo Perps187.06+0.166%Arcus187.07+0.171%QFEX187.07+0.171%KuCoin187.07+0.171%Popdex187.09+0.182%Lighter187.10+0.187%Nado187.10+0.189%Vest187.11+0.193%Extended187.12+0.197%tradeXYZ187.12+0.198%OKX187.12+0.198%SoDEX187.12+0.198%
Coinbase International
Polymarket Perps
Lighter RH
BloFin
HTX
Ondo Perps
Arcus
QFEX
KuCoin
Popdex
Lighter
Nado
Vest
Extended
tradeXYZ
OKX
SoDEXGate187.13+0.203%
Orderly187.13+0.203%Phemex187.13+0.203%Binance187.13+0.205%Aster187.14+0.208%Bybit187.14+0.209%Bitget187.14+0.209%edgeX187.16+0.218%Deribit187.16+0.220%Variational Omni187.24+0.261%Kraken Futures187.25+0.268%SunX187.41+0.353%
Orderly
Phemex
Binance
Aster
Bybit
Bitget
Deribit
Variational Omni
Kraken Futures
SunXPhoenix187.51+0.407%
SKHY 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 | −0.203% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.080% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| Lighter RH SKHY | −0.069% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| BloFin SKHY-USDT | −0.059% | +0.0120% | 8h | $2.3M | $292K | 50x | as long as short |
| HTX SKHY-USDT | −0.043% | 0.0000% | 8h | $153K | $387K | 50x | as long as short |
| Ondo Perps SKHY-USD.P | −0.037% | +0.0050% | 1h | $517K | $784K | 10x | as long as short |
| Arcus SKHY-USD | −0.032% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| QFEX SKHY-USD | −0.032% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.032% | +0.0024% | 8h | $1.1M | $301K | 20x | as long as short |
| Popdex SKHYUSDT | −0.021% | +0.0048% | 1h | $201K | $199K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter SKHY | −0.016% | +0.0032% | 1h | $1.0M | $641K | 10x | as long as short |
| Nado SKHY-PERP | −0.015% | −0.0064% | 1h | $28K | $1K | 10x | as long as short |
| Vest SKHY-USD-PERP | −0.011% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Extended SKHY-USD | −0.006% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.005% | +0.0050% | 1h | $176.2M | $46.1M | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.005% | 0.0000% | 8h | $47.3M | $51.0M | 50x | as long as short |
| SoDEX SKHY-USD | −0.005% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Gate SKHY_USDTlong | 0.000% | 0.0000% | 8h | $26.9M | $13.0M | 75x | |
| Orderly PERP_SKHY_USDC_mythos | 0.000% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Phemex SKHYUSDT | 0.000% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Binance SKHYUSDT | +0.001% | 0.0000% | 8h | $224.6M | $281.1M | 50x | as long as short |
| Aster SKHYUSDT | +0.004% | 0.0000% | 8h | $265K | $510K | 50x | as long as short |
| Bybit SKHYUSDT | +0.005% | 0.0000% | 8h | $16.0M | $20.9M | 100x | as long as short |
| Bitget SKHYUSDT | +0.005% | 0.0000% | 8h | $24.3M | $19.6M | 20x | as long as short |
| edgeX SKHYUSDC | +0.015% | −0.0364% | 4h | $564K | $289K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.016% | 0.0000% | 1h | $39K | $133K | 10x | as long as short |
| Variational Omni SKHY | +0.057% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Kraken Futures PF_SKHYUSD | +0.064% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| SunX SKHY-USDT | +0.150% | 0.0000% | 8h | $686 | $6.7M | 10x | as long as short |
| Phoenix SKHYshort | +0.203% | +0.0256% | 1h | $212K | $91K | 10x |