After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.284%7d average+0.152%fees + slippage, in and out−$34spread needed0.335%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKHY-USDT-SWAP | 186.88 | 0 | get 0.0000% / 8h | 6h 09m | $46.8M | $57.2M | 50x |
| Short | Phoenix SKHY | 187.41 | 0.0297 | get 0.0037% / 1h | 9m 43s | $211K | $104K | 10x |
OKX SKHY-USDT-SWAP
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
- $28.36
- Funding while held
- $8.9
- Slippage, 4 orders
- −$16.51
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $3.76
- Spread needed to break even
- 0.335%
Slippage from OKX: live order book, 5 min ago; Phoenix: live order book, 27 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0297%
- Per $10,000 a day
- +$8.90
- 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 OKX live order book, 5 min ago | 0.27 bp | 6.0 bp −$6 | 8.2 bp −$82 | 20.8 bp −$2,076 | doesn't fit |
| Sell Phoenix live order book, 27 min ago | 3.19 bp | 10.6 bp −$11 | 22.4 bp −$224 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Lighter RH186.79cheapestKuCoin186.84+0.027%Lighter186.88+0.048%
Lighter RH
KuCoin
LighterOKX186.88+0.048%
Gate186.88+0.048%tradeXYZ186.90+0.059%Bybit186.91+0.064%Bitget186.92+0.070%Extended186.92+0.070%Arcus186.93+0.075%Binance186.93+0.076%Polymarket Perps187.00+0.112%HTX187.02+0.123%BloFin187.02+0.123%Aster187.02+0.124%Popdex187.08+0.155%Variational Omni187.08+0.156%QFEX187.09+0.161%Nado187.09+0.163%Vest187.10+0.166%SoDEX187.10+0.166%Phemex187.12+0.177%Orderly187.14+0.187%Deribit187.17+0.203%Ondo Perps187.21+0.225%Kraken Futures187.26+0.252%SunX187.38+0.316%
Gate
tradeXYZ
Bybit
Bitget
Extended
Arcus
Binance
Polymarket Perps
HTX
BloFin
Aster
Popdex
Variational Omni
QFEX
Nado
Vest
SoDEX
Phemex
Orderly
Deribit
Ondo Perps
Kraken Futures
SunXPhoenix187.41+0.332%
edgeX187.45+0.352%Coinbase International187.99+0.642%
Coinbase InternationalSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SKHY | −0.048% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.021% | +0.0086% | 8h | $1.1M | $297K | 20x | as long as short |
| Lighter SKHY | 0.000% | +0.0032% | 1h | $1.0M | $675K | 10x | as long as short |
| OKX SKHY-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $46.8M | $57.2M | 50x | |
| Gate SKHY_USDT | 0.000% | 0.0000% | 8h | $26.5M | $15.1M | 75x | as long as short |
| tradeXYZ xyz:SKHY | +0.011% | +0.0006% | 1h | $170.4M | $55.6M | 10x | as long as short |
| Bybit SKHYUSDT | +0.016% | 0.0000% | 8h | $15.9M | $23.4M | 100x | as long as short |
| Bitget SKHYUSDT | +0.021% | 0.0000% | 8h | $25.4M | $22.4M | 20x | as long as short |
| Extended SKHY-USD | +0.022% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Arcus SKHY-USD | +0.027% | +0.0040% | 1h | $62K | $136K | 10x | as long as short |