After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.070%7d average+0.107%fees + slippage, in and out−$19spread needed0.195%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 186.84 | 0.0032 | pay 0.0004% / 1h | 22m 29s | $1.1M | $1.3M | 10x |
| Short | Bybit SKHYUSDT | 186.97 | 0 | get 0.0000% / 8h | 22m 29s | $15.8M | $21.2M | 100x |
Lighter RH SKHY
Bybit 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
- $6.96
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$8.48
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$13.48
- Spread needed to break even
- 0.195%
Slippage from Lighter RH: live order book, 2 min ago; Bybit: live order book, 3 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 RH live order book, 2 min ago | 1.61 bp | 2.1 bp −$2 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.27 bp | 7.4 bp −$7 | 12.1 bp −$121 | 48.5 bp −$4,848 | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestedgeX186.82+0.036%Polymarket Perps186.82+0.037%
Coinbase International
Polymarket PerpsLighter RH186.84+0.048%
Vest186.86+0.059%tradeXYZ186.87+0.064%Arcus186.87+0.064%QFEX186.89+0.075%KuCoin186.89+0.075%Popdex186.90+0.080%HTX186.90+0.080%Extended186.91+0.085%SoDEX186.91+0.086%Aster186.92+0.093%Binance186.93+0.096%Lighter186.93+0.096%OKX186.94+0.102%Bitget186.94+0.102%Nado186.94+0.104%Gate186.95+0.107%BloFin186.95+0.107%Ondo Perps186.96+0.112%Deribit186.96+0.112%Phemex186.96+0.112%
Vest
tradeXYZ
Arcus
QFEX
KuCoin
Popdex
HTX
Extended
SoDEX
Aster
Binance
Lighter
OKX
Bitget
Nado
Gate
BloFin
Ondo Perps
Deribit
PhemexBybit186.97+0.118%
Orderly186.98+0.123%Variational Omni187.03+0.149%Phoenix187.03+0.150%Kraken Futures187.10+0.190%SunX187.25+0.268%
Orderly
Variational Omni
Phoenix
Kraken Futures
SunXSKHY 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 | −0.048% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| edgeX SKHYUSDC | −0.012% | −0.0068% | 4h | $563K | $289K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.011% | +0.0050% | 1h | $179K | $898K | 10x | as long as short |
| Lighter RH SKHYlong | 0.000% | +0.0032% | 1h | $1.1M | $1.3M | 10x | |
| Vest SKHY-USD-PERP | +0.011% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.016% | +0.0050% | 1h | $174.8M | $48.3M | 10x | as long as short |
| Arcus SKHY-USD | +0.016% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| QFEX SKHY-USD | +0.027% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.027% | +0.0043% | 8h | $1.1M | $301K | 20x | as long as short |
| Popdex SKHYUSDT | +0.032% | +0.0048% | 1h | $200K | $204K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX SKHY-USDT | +0.032% | 0.0000% | 8h | $153K | $386K | 50x | as long as short |
| Extended SKHY-USD | +0.037% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| SoDEX SKHY-USD | +0.037% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Aster SKHYUSDT | +0.045% | 0.0000% | 8h | $265K | $513K | 50x | as long as short |
| Binance SKHYUSDT | +0.048% | 0.0000% | 8h | $220.7M | $290.3M | 50x | as long as short |
| Lighter SKHY | +0.048% | +0.0032% | 1h | $1.0M | $644K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | +0.054% | 0.0000% | 8h | $47.2M | $51.7M | 50x | as long as short |
| Bitget SKHYUSDT | +0.054% | 0.0000% | 8h | $24.2M | $19.8M | 20x | as long as short |
| Nado SKHY-PERP | +0.056% | −0.0060% | 1h | $28K | $1K | 10x | as long as short |
| Gate SKHY_USDT | +0.059% | 0.0000% | 8h | $26.7M | $13.2M | 75x | as long as short |
| BloFin SKHY-USDT | +0.059% | +0.0120% | 8h | $2.3M | $294K | 50x | as long as short |
| Ondo Perps SKHY-USD.P | +0.064% | +0.0050% | 1h | $517K | $790K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.064% | 0.0000% | 1h | $40K | $134K | 10x | as long as short |
| Phemex SKHYUSDT | +0.064% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Bybit SKHYUSDTshort | +0.070% | 0.0000% | 8h | $15.8M | $21.2M | 100x | |
| Orderly PERP_SKHY_USDC_mythos | +0.075% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Variational Omni SKHY | +0.101% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Phoenix SKHY | +0.102% | +0.0256% | 1h | $211K | $91K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.141% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| SunX SKHY-USDT | +0.219% | 0.0000% | 8h | $685 | $7.0M | 10x | as long as short |