After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.176%7d average−0.169%fees + slippage, in and out−$40spread needed0.402%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SKHY | 187.43 | 0.0297 | pay 0.0037% / 1h | 1m 49s | $211K | $104K | 10x |
| Short | tradeXYZ xyz:SKHY | 187.10 | 0.0007 | get 0.0001% / 1h | 1m 49s | $170.6M | $55.7M | 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
- −$17.61
- Funding while held
- −$8.68
- Slippage, 4 orders
- −$15.21
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$66.49
- Spread needed to break even
- 0.402%
Slippage from Phoenix: live order book, 35 min ago; tradeXYZ: live order book, 10 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0289%
- Per $10,000 a day
- −$8.68
- 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, 35 min ago | 3.19 bp | 10.6 bp −$11 | 22.3 bp −$223 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.27 bp | 9.7 bp −$10 | 12.0 bp −$120 | 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 | |
|---|---|---|---|---|---|---|---|
| HTX SKHY-USDT | −0.240% | 0.0000% | 8h | $153K | $376K | 50x | as long as short |
| Polymarket Perps SKHY-USD | −0.235% | +0.0050% | 1h | $189K | $922K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.229% | +0.0050% | 1h | $517K | $831K | 10x | as long as short |
| Lighter RH SKHY | −0.219% | +0.0032% | 1h | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | −0.208% | +0.0040% | 1h | $62K | $137K | 10x | as long as short |
| QFEX SKHY-USD | −0.203% | −0.0014% | 1h | $1.2M | $5.0M | 10x | as long as short |
| Popdex SKHYUSDT | −0.197% | +0.0048% | 1h | $200K | $221K | 20x | as long as short |
| Vest SKHY-USD-PERP | −0.197% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| SoDEX SKHY-USD | −0.192% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.187% | 0.0000% | 8h | $46.8M | $57.5M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex SKHYUSDT | −0.187% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | −0.183% | −0.0090% | 1h | $28K | $1K | 10x | as long as short |
| Lighter SKHY | −0.181% | +0.0032% | 1h | $1.0M | $675K | 10x | as long as short |
| tradeXYZ xyz:SKHYshort | −0.176% | +0.0007% | 1h | $170.6M | $55.7M | 10x | |
| Orderly PERP_SKHY_USDC_mythos | −0.171% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | −0.171% | +0.0120% | 8h | $2.2M | $346K | 50x | as long as short |
| Binance SKHYUSDT | −0.163% | 0.0000% | 8h | $214.0M | $341.0M | 50x | as long as short |
| Gate SKHY_USDT | −0.160% | 0.0000% | 8h | $26.5M | $15.2M | 75x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.160% | 0.0000% | 1h | $44K | $190K | 10x | as long as short |
| Extended SKHY-USD | −0.159% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Aster SKHYUSDT | −0.155% | 0.0000% | 8h | $246K | $779K | 50x | as long as short |
| KuCoin SKHYUSDTM | −0.155% | +0.0090% | 8h | $1.1M | $297K | 20x | as long as short |
| Bitget SKHYUSDT | −0.155% | 0.0000% | 8h | $25.4M | $22.5M | 20x | as long as short |
| Bybit SKHYUSDT | −0.133% | 0.0000% | 8h | $15.9M | $23.5M | 100x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.130% | +0.0640% | 1h | $49K | $25K | 20x | as long as short |
| edgeX SKHYUSDC | −0.066% | −0.0318% | 4h | $565K | $289K | 10x | as long as short |
| SunX SKHY-USDT | −0.043% | 0.0000% | 8h | $686 | $7.3M | 10x | as long as short |
| Phoenix SKHYlong | 0.000% | +0.0297% | 1h | $211K | $104K | 10x | |
| Variational Omni SKHY | +0.017% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.299% | −0.0080% | 1h | $111K | $604K | 10x | as long as short |
Phoenix SKHY
tradeXYZ xyz:SKHY
HTX
Polymarket Perps
Lighter RH
Popdex
SoDEX
OKX
Phemex
Lighter
BloFin
Binance
Gate
Deribit
Extended
Aster
KuCoin
Bitget
Bybit
Kraken Futures
SunX
Variational Omni
Coinbase International