After costs, if the gap returns to its 7d average, $10k−$30
spread now−0.081%7d average−0.138%fees + slippage, in and out−$36spread needed0.362%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SKHY | 187.28 | 0.0256 | pay 0.0032% / 1h | 31m 32s | $211K | $91K | 10x |
| Short | Aster SKHYUSDT | 187.13 | 0 | get 0.0000% / 8h | 31m 32s | $265K | $510K | 50x |
Phoenix SKHY
Aster 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
- −$8.07
- Funding while held
- −$7.69
- Slippage, 4 orders
- −$21.17
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$51.94
- Spread needed to break even
- 0.362%
Slippage from Phoenix: live order book, 15 min ago; Aster: live order book, 17 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0256%
- Per $10,000 a day
- −$7.69
- 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, 15 min ago | 2.67 bp | 9.8 bp −$10 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Aster live order book, 17 min ago | 1.07 bp | 10.2 bp −$10 | 21.0 bp −$210 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestPolymarket Perps186.95+0.107%Nado186.97+0.120%HTX186.98+0.123%Lighter RH186.99+0.129%Arcus187.01+0.139%QFEX187.01+0.139%OKX187.02+0.145%BloFin187.02+0.145%Lighter187.03+0.150%Orderly187.03+0.150%Vest187.04+0.155%Ondo Perps187.06+0.166%Bitget187.06+0.166%Binance187.06+0.168%Popdex187.07+0.171%tradeXYZ187.08+0.177%Bybit187.08+0.177%KuCoin187.08+0.177%SoDEX187.08+0.177%Phemex187.08+0.177%edgeX187.09+0.180%Extended187.09+0.183%Gate187.11+0.193%Deribit187.11+0.193%
Coinbase International
Polymarket Perps
Nado
HTX
Lighter RH
Arcus
QFEX
OKX
BloFin
Lighter
Orderly
Vest
Ondo Perps
Bitget
Binance
Popdex
tradeXYZ
Bybit
KuCoin
SoDEX
Phemex
Extended
Gate
DeribitAster187.13+0.203%
Kraken Futures187.15+0.216%Variational Omni187.24+0.261%
Kraken Futures
Variational OmniPhoenix187.28+0.284%
SunX187.38+0.337%
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 | −0.283% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.176% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| Nado SKHY-PERP | −0.163% | −0.0063% | 1h | $28K | $1K | 10x | as long as short |
| HTX SKHY-USDT | −0.160% | 0.0000% | 8h | $153K | $387K | 50x | as long as short |
| Lighter RH SKHY | −0.155% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Arcus SKHY-USD | −0.144% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| QFEX SKHY-USD | −0.144% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.139% | 0.0000% | 8h | $47.3M | $51.1M | 50x | as long as short |
| BloFin SKHY-USDT | −0.139% | +0.0120% | 8h | $2.3M | $292K | 50x | as long as short |
| Lighter SKHY | −0.133% | +0.0032% | 1h | $1.0M | $641K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_SKHY_USDC_mythos | −0.133% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Vest SKHY-USD-PERP | −0.128% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.117% | +0.0050% | 1h | $516K | $784K | 10x | as long as short |
| Bitget SKHYUSDT | −0.117% | 0.0000% | 8h | $24.3M | $19.6M | 20x | as long as short |
| Binance SKHYUSDT | −0.115% | 0.0000% | 8h | $224.5M | $283.4M | 50x | as long as short |
| Popdex SKHYUSDT | −0.112% | +0.0048% | 1h | $201K | $199K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.107% | +0.0050% | 1h | $175.8M | $46.7M | 10x | as long as short |
| Bybit SKHYUSDT | −0.107% | 0.0000% | 8h | $16.0M | $20.9M | 100x | as long as short |
| KuCoin SKHYUSDTM | −0.107% | +0.0027% | 8h | $1.1M | $301K | 20x | as long as short |
| SoDEX SKHY-USD | −0.107% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Phemex SKHYUSDT | −0.107% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| edgeX SKHYUSDC | −0.103% | −0.0416% | 4h | $564K | $290K | 10x | as long as short |
| Extended SKHY-USD | −0.101% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Gate SKHY_USDT | −0.091% | 0.0000% | 8h | $26.9M | $13.0M | 75x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.091% | 0.0000% | 1h | $39K | $133K | 10x | as long as short |
| Aster SKHYUSDTshort | −0.081% | 0.0000% | 8h | $265K | $510K | 50x | |
| Kraken Futures PF_SKHYUSD | −0.067% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| Variational Omni SKHY | −0.023% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Phoenix SKHYlong | 0.000% | +0.0256% | 1h | $211K | $91K | 10x | |
| SunX SKHY-USDT | +0.053% | 0.0000% | 8h | $686 | $6.7M | 10x | as long as short |