After costs, if the gap returns to its 7d average, $10k−$12
spread now+0.060%7d average+0.035%fees + slippage, in and out−$14spread needed0.142%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 186.83 | 0.0032 | pay 0.0004% / 1h | 24m 46s | $1.0M | $643K | 10x |
| Short | Binance SKHYUSDT | 186.94 | 0 | get 0.0000% / 8h | 24m 46s | $222.2M | $289.0M | 50x |
Lighter SKHY
Binance 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
- $6.04
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$4.2
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.12
- Spread needed to break even
- 0.142%
Slippage from Lighter: live order book, 2 min ago; Binance: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0032%
- Per $10,000 a day
- −$0.96
- 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 Lighter live order book, 2 min ago | 0.80 bp | 1.7 bp −$2 | 2.5 bp −$25 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.27 bp | 5.3 bp −$5 | 6.9 bp −$69 | 17.2 bp −$1,722 | 55.7 bp −$27.9K |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps186.72cheapestCoinbase International186.75+0.016%Extended186.76+0.021%Polymarket Perps186.76+0.021%Gate186.78+0.032%Aster186.79+0.038%QFEX186.80+0.043%HTX186.80+0.043%Popdex186.81+0.048%tradeXYZ186.83+0.059%
Ondo Perps
Coinbase International
Extended
Polymarket Perps
Gate
Aster
QFEX
HTX
Popdex
tradeXYZLighter186.83+0.059%
Lighter RH186.83+0.059%Vest186.85+0.070%SoDEX186.85+0.070%KuCoin186.87+0.080%Orderly186.88+0.086%BloFin186.88+0.086%Nado186.90+0.096%Deribit186.90+0.096%Phemex186.90+0.096%
Lighter RH
Vest
SoDEX
KuCoin
Orderly
BloFin
Nado
Deribit
PhemexBinance186.94+0.119%
Bybit186.97+0.134%OKX186.98+0.139%Kraken Futures187.00+0.149%Bitget187.01+0.155%Variational Omni187.03+0.166%Arcus187.08+0.193%SunX187.20+0.257%edgeX187.33+0.327%Phoenix187.40+0.364%
Bybit
OKX
Kraken Futures
Bitget
Variational Omni
Arcus
SunX
PhoenixSKHY 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 | −0.059% | +0.0050% | 1h | $517K | $788K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.043% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| Extended SKHY-USD | −0.038% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.037% | +0.0050% | 1h | $179K | $898K | 10x | as long as short |
| Gate SKHY_USDT | −0.027% | 0.0000% | 8h | $26.7M | $13.1M | 75x | as long as short |
| Aster SKHYUSDT | −0.021% | 0.0000% | 8h | $264K | $511K | 50x | as long as short |
| QFEX SKHY-USD | −0.016% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| HTX SKHY-USDT | −0.016% | 0.0000% | 8h | $153K | $386K | 50x | as long as short |
| Popdex SKHYUSDT | −0.011% | +0.0048% | 1h | $200K | $202K | 20x | as long as short |
| tradeXYZ xyz:SKHY | 0.000% | +0.0050% | 1h | $174.9M | $48.2M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter SKHYlong | 0.000% | +0.0032% | 1h | $1.0M | $643K | 10x | |
| Lighter RH SKHY | 0.000% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.011% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| SoDEX SKHY-USD | +0.011% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.021% | +0.0040% | 8h | $1.1M | $301K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.027% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.027% | +0.0120% | 8h | $2.3M | $294K | 50x | as long as short |
| Nado SKHY-PERP | +0.037% | −0.0060% | 1h | $28K | $1K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.037% | 0.0000% | 1h | $40K | $134K | 10x | as long as short |
| Phemex SKHYUSDT | +0.037% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Binance SKHYUSDTshort | +0.060% | 0.0000% | 8h | $222.2M | $289.0M | 50x | |
| Bybit SKHYUSDT | +0.075% | 0.0000% | 8h | $15.8M | $21.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | +0.080% | 0.0000% | 8h | $47.1M | $51.5M | 50x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.090% | +0.0595% | 1h | $48K | $24K | 20x | as long as short |
| Bitget SKHYUSDT | +0.096% | 0.0000% | 8h | $24.2M | $19.7M | 20x | as long as short |
| Variational Omni SKHY | +0.107% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Arcus SKHY-USD | +0.134% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| SunX SKHY-USDT | +0.198% | 0.0000% | 8h | $685 | $6.9M | 10x | as long as short |
| edgeX SKHYUSDC | +0.268% | −0.0929% | 4h | $565K | $288K | 10x | as long as short |
| Phoenix SKHY | +0.305% | +0.0256% | 1h | $211K | $91K | 10x | as long as short |