After costs, if the gap returns to its 7d average, $10k−$26
spread now−0.117%7d average−0.174%fees + slippage, in and out−$31spread needed0.314%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SKHY | 187.74 | 0.0342 | pay 0.0043% / 1h | 21m 23s | $212K | $109K | 10x |
| Short | Arcus SKHY-USD | 187.52 | 0.0040 | get 0.0005% / 1h | 21m 23s | $62K | $140K | 10x |
Price 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
- −$11.72
- Funding while held
- −$9.04
- Slippage, 4 orders
- −$19.85
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$52.11
- Spread needed to break even
- 0.314%
Slippage from Phoenix: live order book, 10 min ago; Arcus: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0301%
- Per $10,000 a day
- −$9.04
- 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 Phoenix live order book, 10 min ago | 2.13 bp | 8.8 bp −$9 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 39 min ago | 2.67 bp | 6.0 bp −$6 | 10.1 bp −$101 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.SKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | −0.355% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Nado SKHY-PERP | −0.220% | −0.0106% | 1h | $28K | $1K | 10x | as long as short |
| edgeX SKHYUSDC | −0.202% | −0.0997% | 4h | $565K | $288K | 10x | as long as short |
| BloFin SKHY-USDT | −0.197% | +0.0120% | 8h | $2.3M | $352K | 50x | as long as short |
| Ondo Perps SKHY-USD.P | −0.170% | +0.0050% | 1h | $520K | $838K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.154% | +0.0030% | 8h | $1.1M | $297K | 20x | as long as short |
| HTX SKHY-USDT | −0.144% | 0.0000% | 8h | $154K | $380K | 50x | as long as short |
| Phemex SKHYUSDT | −0.133% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.128% | +0.0050% | 1h | $190K | $922K | 10x | as long as short |
| Lighter RH SKHY | −0.123% | +0.0032% | 1h | $1.1M | $1.4M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX SKHY-USD | −0.123% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| Lighter SKHY | −0.117% | +0.0032% | 1h | $1.0M | $683K | 10x | as long as short |
| Arcus SKHY-USDshort | −0.117% | +0.0040% | 1h | $62K | $140K | 10x | |
| Deribit SKHY_USDC-PERPETUAL | −0.107% | −0.0017% | 1h | $45K | $198K | 10x | as long as short |
| Gate SKHY_USDT | −0.101% | 0.0000% | 8h | $26.4M | $15.6M | 75x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.101% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Extended SKHY-USD | −0.100% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Aster SKHYUSDT | −0.097% | 0.0000% | 8h | $244K | $809K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | −0.096% | 0.0000% | 8h | $46.8M | $59.2M | 50x | as long as short |
| Binance SKHYUSDT | −0.093% | 0.0000% | 8h | $214.0M | $348.9M | 50x | as long as short |
| Popdex SKHYUSDT | −0.091% | +0.0048% | 1h | $202K | $227K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.085% | +0.0035% | 1h | $170.5M | $56.3M | 10x | as long as short |
| QFEX SKHY-USD | −0.085% | −0.0004% | 1h | $1.2M | $5.1M | 10x | as long as short |
| Vest SKHY-USD-PERP | −0.085% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Bybit SKHYUSDT | −0.080% | 0.0000% | 8h | $15.9M | $24.6M | 100x | as long as short |
| Bitget SKHYUSDT | −0.075% | 0.0000% | 8h | $25.5M | $23.1M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.063% | +0.0555% | 1h | $50K | $26K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.037% | +0.0096% | 1h | $167K | $662K | 10x | as long as short |
| Phoenix SKHYlong | 0.000% | +0.0342% | 1h | $212K | $109K | 10x | |
| SunX SKHY-USDT | +0.027% | 0.0000% | 8h | $687 | $7.3M | 10x | as long as short |
Phoenix SKHY
Variational Omni
BloFin
KuCoin
HTX
Phemex
Polymarket Perps
Lighter RH
SoDEX
Lighter
Deribit
Gate
Extended
Aster
OKX
Binance
Popdex
tradeXYZ
Bybit
Bitget
Kraken Futures
Coinbase International
SunX