After costs, if the gap returns to its 7d average, $10k−$6
spread now+0.368%7d average+0.050%fees + slippage, in and out−$38spread needed0.377%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SKHY | 187.54 | 0.0032 | pay 0.0004% / 1h | 26m 27s | $995K | $461K | 10x |
| Short | BloFin SKHY-USDT | 188.23 | 0.0120 | get 0.0120% / 8h | 2h 26m | $2.4M | $256K | 50x |
Lighter SKHY
BloFin SKHY-USDTPrice 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
- $36.79
- Funding while held
- $2.64
- Slippage, 4 orders
- −$25.66
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.77
- Spread needed to break even
- 0.377%
Slippage from Lighter: live order book, 1 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0088%
- Per $10,000 a day
- +$2.64
- 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, 1 min ago | 3.73 bp | 12.0 bp −$12 | 28.6 bp −$286 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.53 bp | 6.9 bp −$7 | 9.5 bp −$95 | 14.9 bp −$1,488 | 45.0 bp −$22.5K |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Nado186.63cheapestQFEX186.98+0.190%OKX187.15+0.281%Coinbase International187.15+0.281%Popdex187.19+0.302%Bitget187.22+0.318%Orderly187.23+0.324%Binance187.23+0.325%Arcus187.24+0.329%Vest187.26+0.340%Bybit187.29+0.356%tradeXYZ187.30+0.361%Extended187.33+0.375%Aster187.35+0.386%Gate187.36+0.393%KuCoin187.46+0.447%Polymarket Perps187.47+0.452%Lighter RH187.50+0.468%
Nado
QFEX
OKX
Coinbase International
Popdex
Bitget
Orderly
Binance
Arcus
Vest
Bybit
tradeXYZ
Extended
Aster
Gate
KuCoin
Polymarket Perps
Lighter RHLighter187.54+0.490%
Ondo Perps187.76+0.608%HTX187.99+0.731%edgeX188.01+0.740%SoDEX188.03+0.752%Phoenix188.12+0.801%Phemex188.14+0.811%Deribit188.17+0.827%
Ondo Perps
HTX
SoDEX
Phoenix
Phemex
DeribitBloFin188.23+0.860%
Kraken Futures188.24+0.864%SunX188.36+0.929%Variational Omni188.96+1.250%
Kraken Futures
SunX
Variational OmniSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado SKHY-PERP | −0.487% | −0.0213% | 1h | $28K | — | 10x | as long as short |
| QFEX SKHY-USD | −0.299% | −0.0020% | 1h | $1.2M | $4.3M | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.208% | 0.0000% | 8h | $48.4M | $35.4M | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.208% | −0.0120% | 1h | $37K | $418K | 10x | as long as short |
| Popdex SKHYUSDT | −0.187% | +0.0048% | 1h | $201K | $149K | 20x | as long as short |
| Bitget SKHYUSDT | −0.171% | 0.0000% | 8h | $24.8M | $13.4M | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.165% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Binance SKHYUSDT | −0.164% | 0.0000% | 8h | $239.3M | $173.2M | 50x | as long as short |
| Arcus SKHY-USD | −0.160% | +0.0040% | 1h | $53K | $96K | 10x | as long as short |
| Vest SKHY-USD-PERP | −0.149% | +0.0046% | 1h | — | $9K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit SKHYUSDT | −0.133% | 0.0000% | 8h | $16.2M | $14.8M | 100x | as long as short |
| tradeXYZ xyz:SKHY | −0.128% | +0.0046% | 1h | $190.0M | $28.4M | 10x | as long as short |
| Extended SKHY-USD | −0.114% | 0.0000% | 1h | $54K | — | 10x | as long as short |
| Aster SKHYUSDT | −0.103% | 0.0000% | 8h | $265K | $184K | 50x | as long as short |
| Gate SKHY_USDT | −0.096% | 0.0000% | 8h | $28.2M | $9.7M | 75x | as long as short |
| KuCoin SKHYUSDTM | −0.043% | −0.0095% | 8h | $1.1M | $255K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.037% | +0.0050% | 1h | $178K | $848K | 10x | as long as short |
| Lighter RH SKHY | −0.021% | +0.0032% | 1h | $1.2M | $1.1M | 10x | as long as short |
| Lighter SKHYlong | 0.000% | +0.0032% | 1h | $995K | $461K | 10x | |
| Ondo Perps SKHY-USD.P | +0.117% | +0.0050% | 1h | $621K | $503K | 10x | as long as short |
| HTX SKHY-USDT | +0.240% | 0.0000% | 8h | $157K | $360K | 50x | as long as short |
| edgeX SKHYUSDC | +0.249% | −0.0559% | 4h | $567K | $283K | 10x | as long as short |
| SoDEX SKHY-USD | +0.261% | +0.0050% | 1h | $42K | $11K | 10x | as long as short |
| Phoenix SKHY | +0.309% | +0.0338% | 1h | $219K | $23K | 10x | as long as short |
| Phemex SKHYUSDT | +0.320% | 0.0000% | 8h | $1.5M | $1.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.336% | +0.0122% | 1h | $37K | $121K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.368% | +0.0120% | 8h | $2.4M | $256K | 50x | |
| Kraken Futures PF_SKHYUSD | +0.373% | +0.0255% | 1h | $51K | $20K | 20x | as long as short |
| SunX SKHY-USDT | +0.437% | 0.0000% | 8h | $690 | $3.9M | 10x | as long as short |
| Variational Omni SKHY | +0.756% | 0.0000% | 8h | $1.4M | $2.8M | — | as long as short |