Spread before costs (cost unknown: a leg has no order-book sample)−0.027%
7d average−0.056%if it closes, per $10,000$3funding while held, a day−$0.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SKHY-USD.P | 188.12 | 0.0050 | pay 0.0006% / 1h | 8m 44s | $518K | $828K | 10x |
| Short | Lighter RH SKHY | 188.07 | 0.0032 | get 0.0004% / 1h | 8m 44s | $1.1M | $1.3M | 10x |
Ondo Perps SKHY-USD.P
Lighter RH 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
- −$2.66
- Funding while held
- −$0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$8.21
- Spread needed to break even
- 0.050%
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.55
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, just now | 0.80 bp | 0.8 bp −$1 | 8.6 bp −$86 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SKHY price on every exchange
against the cheapest. Click to use as the short leg.edgeX188.05cheapest
Lighter RH188.07+0.010%
Lighter188.11+0.031%Coinbase International188.11+0.031%
Lighter
Coinbase InternationalOndo Perps188.12+0.036%
Binance188.17+0.063%Bybit188.18+0.068%OKX188.18+0.068%Polymarket Perps188.18+0.068%tradeXYZ188.19+0.073%Arcus188.20+0.079%QFEX188.20+0.079%HTX188.20+0.079%Nado188.21+0.083%KuCoin188.23+0.095%Bitget188.23+0.095%Gate188.24+0.100%Popdex188.25+0.105%SoDEX188.26+0.111%Extended188.27+0.115%Phemex188.30+0.132%BloFin188.31+0.137%Aster188.33+0.148%Kraken Futures188.35+0.157%Orderly188.36+0.164%Deribit188.36+0.164%Vest188.39+0.180%Variational Omni188.40+0.187%SunX188.56+0.270%Phoenix188.70+0.345%
Binance
Bybit
OKX
Polymarket Perps
tradeXYZ
Arcus
QFEX
HTX
Nado
KuCoin
Bitget
Gate
Popdex
SoDEX
Extended
Phemex
BloFin
Aster
Kraken Futures
Orderly
Deribit
Vest
Variational Omni
SunX
PhoenixSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.036% | −0.0352% | 4h | $567K | $288K | 10x | as long as short |
| Lighter RH SKHYshort | −0.027% | +0.0032% | 1h | $1.1M | $1.3M | 10x | |
| Lighter SKHY | −0.005% | +0.0032% | 1h | $1.0M | $666K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.005% | −0.0056% | 1h | $111K | $529K | 10x | as long as short |
| Ondo Perps SKHY-USD.Plong | 0.000% | +0.0050% | 1h | $518K | $828K | 10x | |
| Binance SKHYUSDT | +0.027% | 0.0000% | 8h | $216.1M | $323.4M | 50x | as long as short |
| Bybit SKHYUSDT | +0.032% | 0.0000% | 8h | $16.1M | $22.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | +0.032% | 0.0000% | 8h | $47.2M | $56.4M | 50x | as long as short |
| Polymarket Perps SKHY-USD | +0.032% | +0.0050% | 1h | $191K | $921K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.037% | +0.0042% | 1h | $172.1M | $53.4M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus SKHY-USD | +0.043% | +0.0040% | 1h | $53K | $123K | 10x | as long as short |
| QFEX SKHY-USD | +0.043% | −0.0009% | 1h | $1.2M | $4.9M | 10x | as long as short |
| HTX SKHY-USDT | +0.043% | 0.0000% | 8h | $154K | $377K | 50x | as long as short |
| Nado SKHY-PERP | +0.047% | −0.0091% | 1h | $28K | $1K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.058% | +0.0095% | 8h | $1.1M | $298K | 20x | as long as short |
| Bitget SKHYUSDT | +0.058% | 0.0000% | 8h | $25.7M | $21.9M | 20x | as long as short |
| Gate SKHY_USDT | +0.064% | 0.0000% | 8h | $27.2M | $14.1M | 75x | as long as short |
| Popdex SKHYUSDT | +0.069% | +0.0048% | 1h | $202K | $215K | 20x | as long as short |
| SoDEX SKHY-USD | +0.074% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
| Extended SKHY-USD | +0.079% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Phemex SKHYUSDT | +0.096% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| BloFin SKHY-USDT | +0.101% | +0.0120% | 8h | $2.2M | $340K | 50x | as long as short |
| Aster SKHYUSDT | +0.112% | 0.0000% | 8h | $281K | $741K | 50x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.120% | +0.0479% | 1h | $49K | $24K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.128% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.128% | 0.0000% | 1h | $45K | $163K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.144% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Variational Omni SKHY | +0.150% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| SunX SKHY-USDT | +0.234% | 0.0000% | 8h | $690 | $7.3M | 10x | as long as short |
| Phoenix SKHY | +0.308% | +0.0385% | 1h | $213K | $97K | 10x | as long as short |