After costs, if the gap returns to its 7d average, $10k−$50
spread now−0.229%7d average−0.167%fees + slippage, in and out−$43spread needed0.434%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SKHY | 187.51 | 0.0256 | pay 0.0032% / 1h | 33m 19s | $212K | $91K | 10x |
| Short | Gate SKHY_USDT | 187.08 | 0 | get 0.0000% / 8h | 33m 19s | $26.9M | $13.0M | 75x |
Phoenix SKHY
Gate SKHY_USDTPrice 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
- −$22.93
- Funding while held
- −$7.69
- Slippage, 4 orders
- −$21.43
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.06
- Spread needed to break even
- 0.434%
Slippage from Phoenix: live order book, 13 min ago; Gate: live order book, 2 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, 13 min ago | 2.67 bp | 9.8 bp −$10 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.60 bp | 12.4 bp −$12 | 24.1 bp −$241 | 50.3 bp −$5,035 | 84.9 bp −$42.4K |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestLighter RH186.97+0.118%Polymarket Perps186.98+0.123%Ondo Perps187.06+0.166%tradeXYZ187.07+0.171%Lighter187.07+0.171%Arcus187.07+0.171%QFEX187.07+0.171%KuCoin187.07+0.171%Extended187.07+0.172%
Coinbase International
Lighter RH
Polymarket Perps
Ondo Perps
tradeXYZ
Lighter
Arcus
QFEX
KuCoin
ExtendedGate187.08+0.177%
Popdex187.09+0.182%Binance187.09+0.183%Nado187.10+0.189%Vest187.11+0.193%HTX187.11+0.193%Aster187.11+0.193%Bybit187.13+0.203%OKX187.13+0.203%Bitget187.13+0.203%Orderly187.13+0.203%edgeX187.16+0.218%Deribit187.16+0.220%SoDEX187.20+0.241%Phemex187.20+0.241%BloFin187.22+0.252%Variational Omni187.24+0.261%Kraken Futures187.35+0.322%
Popdex
Binance
Nado
Vest
HTX
Aster
Bybit
OKX
Bitget
Orderly
Deribit
SoDEX
Phemex
BloFin
Variational Omni
Kraken FuturesPhoenix187.51+0.407%
SunX187.52+0.412%
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 | −0.405% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| Lighter RH SKHY | −0.288% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.283% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.240% | +0.0050% | 1h | $517K | $784K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.235% | +0.0050% | 1h | $176.1M | $46.0M | 10x | as long as short |
| Lighter SKHY | −0.235% | +0.0032% | 1h | $1.0M | $639K | 10x | as long as short |
| Arcus SKHY-USD | −0.235% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| QFEX SKHY-USD | −0.235% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.235% | +0.0024% | 8h | $1.1M | $301K | 20x | as long as short |
| Extended SKHY-USD | −0.234% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate SKHY_USDTshort | −0.229% | 0.0000% | 8h | $26.9M | $13.0M | 75x | |
| Popdex SKHYUSDT | −0.224% | +0.0048% | 1h | $201K | $199K | 20x | as long as short |
| Binance SKHYUSDT | −0.223% | 0.0000% | 8h | $224.5M | $280.9M | 50x | as long as short |
| Nado SKHY-PERP | −0.217% | −0.0064% | 1h | $28K | $1K | 10x | as long as short |
| Vest SKHY-USD-PERP | −0.213% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| HTX SKHY-USDT | −0.213% | 0.0000% | 8h | $153K | $387K | 50x | as long as short |
| Aster SKHYUSDT | −0.213% | 0.0000% | 8h | $265K | $510K | 50x | as long as short |
| Bybit SKHYUSDT | −0.203% | 0.0000% | 8h | $16.0M | $20.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | −0.203% | 0.0000% | 8h | $47.3M | $51.0M | 50x | as long as short |
| Bitget SKHYUSDT | −0.203% | 0.0000% | 8h | $24.3M | $19.6M | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.203% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| edgeX SKHYUSDC | −0.188% | −0.0364% | 4h | $564K | $289K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.187% | 0.0000% | 1h | $39K | $133K | 10x | as long as short |
| SoDEX SKHY-USD | −0.165% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Phemex SKHYUSDT | −0.165% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| BloFin SKHY-USDT | −0.155% | +0.0120% | 8h | $2.3M | $292K | 50x | as long as short |
| Variational Omni SKHY | −0.145% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Kraken Futures PF_SKHYUSD | −0.085% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| Phoenix SKHYlong | 0.000% | +0.0256% | 1h | $212K | $91K | 10x | |
| SunX SKHY-USDT | +0.005% | 0.0000% | 8h | $686 | $6.7M | 10x | as long as short |