After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.032%7d average+0.079%fees + slippage, in and out−$22spread needed0.221%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 187.40 | 0.0032 | pay 0.0004% / 1h | 29m 32s | $1.0M | $672K | 10x |
| Short | Bitget SKHYUSDT | 187.46 | 0 | get 0.0000% / 8h | 6h 29m | $25.5M | $22.2M | 20x |
Lighter SKHY
Bitget 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
- $3.2
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$10.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$19.83
- Spread needed to break even
- 0.221%
Slippage from Lighter: live order book, 3 min ago; Bitget: live order book, 1 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, 3 min ago | 0.80 bp | 2.1 bp −$2 | 3.0 bp −$30 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.53 bp | 8.8 bp −$9 | 18.1 bp −$181 | 28.9 bp −$2,894 | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni187.29cheapestLighter RH187.33+0.024%KuCoin187.33+0.024%Polymarket Perps187.34+0.029%HTX187.34+0.029%BloFin187.37+0.045%tradeXYZ187.39+0.056%
Variational Omni
Lighter RH
KuCoin
Polymarket Perps
HTX
BloFin
tradeXYZLighter187.40+0.061%
Extended187.41+0.064%OKX187.42+0.072%Gate187.42+0.072%SoDEX187.42+0.072%QFEX187.43+0.077%Vest187.43+0.077%Arcus187.44+0.083%Popdex187.44+0.083%Phemex187.44+0.083%Nado187.44+0.084%Binance187.45+0.088%Orderly187.45+0.088%Bybit187.46+0.093%Ondo Perps187.46+0.093%
Extended
OKX
Gate
SoDEX
QFEX
Vest
Arcus
Popdex
Phemex
Nado
Binance
Orderly
Bybit
Ondo PerpsBitget187.46+0.093%
edgeX187.48+0.102%Deribit187.48+0.104%Aster187.48+0.105%Phoenix187.57+0.152%Kraken Futures187.60+0.169%SunX187.69+0.216%Coinbase International187.99+0.376%
Deribit
Aster
Phoenix
Kraken Futures
SunX
Coinbase InternationalSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | −0.061% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Lighter RH SKHY | −0.037% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.037% | +0.0092% | 8h | $1.1M | $298K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.032% | +0.0050% | 1h | $190K | $921K | 10x | as long as short |
| HTX SKHY-USDT | −0.032% | 0.0000% | 8h | $153K | $377K | 50x | as long as short |
| BloFin SKHY-USDT | −0.016% | +0.0120% | 8h | $2.3M | $343K | 50x | as long as short |
| tradeXYZ xyz:SKHY | −0.005% | −0.0001% | 1h | $171.1M | $55.2M | 10x | as long as short |
| Lighter SKHYlong | 0.000% | +0.0032% | 1h | $1.0M | $672K | 10x | |
| Extended SKHY-USD | +0.003% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | +0.011% | 0.0000% | 8h | $46.9M | $57.0M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | +0.011% | 0.0000% | 8h | $26.9M | $14.9M | 75x | as long as short |
| SoDEX SKHY-USD | +0.011% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| QFEX SKHY-USD | +0.016% | −0.0014% | 1h | $1.2M | $5.0M | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.016% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Arcus SKHY-USD | +0.021% | +0.0040% | 1h | $53K | $124K | 10x | as long as short |
| Popdex SKHYUSDT | +0.021% | +0.0048% | 1h | $200K | $218K | 20x | as long as short |
| Phemex SKHYUSDT | +0.021% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.022% | −0.0099% | 1h | $28K | $1K | 10x | as long as short |
| Binance SKHYUSDT | +0.027% | 0.0000% | 8h | $213.9M | $333.8M | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.027% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Bybit SKHYUSDT | +0.032% | 0.0000% | 8h | $15.9M | $23.2M | 100x | as long as short |
| Ondo Perps SKHY-USD.P | +0.032% | +0.0050% | 1h | $516K | $828K | 10x | as long as short |
| Bitget SKHYUSDTshort | +0.032% | 0.0000% | 8h | $25.5M | $22.2M | 20x | |
| edgeX SKHYUSDC | +0.041% | −0.0440% | 4h | $565K | $290K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.043% | 0.0000% | 1h | $45K | $175K | 10x | as long as short |
| Aster SKHYUSDT | +0.044% | 0.0000% | 8h | $249K | $762K | 50x | as long as short |
| Phoenix SKHY | +0.091% | +0.0297% | 1h | $212K | $104K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.108% | +0.0639% | 1h | $49K | $25K | 20x | as long as short |
| SunX SKHY-USDT | +0.155% | 0.0000% | 8h | $687 | $7.3M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.315% | −0.0080% | 1h | $111K | $604K | 10x | as long as short |