After costs, if the gap returns to its 7d average, $10k−$18
spread now+0.033%7d average−0.001%fees + slippage, in and out−$22spread needed0.218%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 188.13 | 0.0048 | pay 0.0006% / 1h | 7m 47s | $202K | $228K | 20x |
| Short | Binance SKHYUSDT | 188.19 | 0 | get 0.0000% / 8h | 5h 07m | $214.3M | $352.7M | 50x |
Popdex SKHYUSDT
Binance 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
- $3.26
- Funding while held
- −$1.44
- Slippage, 4 orders
- −$5.41
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20
- Spread needed to break even
- 0.218%
Slippage from Popdex: live order book, 27 min ago; Binance: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0048%
- Per $10,000 a day
- −$1.44
- 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 Popdex live order book, 27 min ago | 0.53 bp | 4.8 bp −$5 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.27 bp | 5.9 bp −$6 | 8.1 bp −$81 | 20.1 bp −$2,014 | 61.2 bp −$30.6K |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International187.67cheapestPolymarket Perps188.04+0.197%Ondo Perps188.07+0.213%edgeX188.10+0.229%HTX188.10+0.229%KuCoin188.12+0.240%Phemex188.12+0.240%Arcus188.13+0.245%QFEX188.13+0.245%
Coinbase International
Polymarket Perps
Ondo Perps
HTX
KuCoin
Phemex
Arcus
QFEXPopdex188.13+0.245%
Vest188.13+0.245%SoDEX188.13+0.245%Nado188.13+0.245%Variational Omni188.14+0.252%Lighter RH188.17+0.266%Orderly188.17+0.266%Gate188.18+0.272%Extended188.19+0.277%Aster188.19+0.277%
Vest
SoDEX
Nado
Variational Omni
Lighter RH
Orderly
Gate
Extended
AsterBinance188.19+0.278%
Lighter188.20+0.282%OKX188.20+0.282%Deribit188.20+0.282%BloFin188.20+0.282%Bitget188.22+0.293%Kraken Futures188.22+0.295%tradeXYZ188.24+0.304%Bybit188.24+0.304%Phoenix188.37+0.373%SunX188.39+0.384%
Lighter
OKX
Deribit
BloFin
Bitget
Kraken Futures
tradeXYZ
Bybit
Phoenix
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 | −0.245% | +0.0096% | 1h | $167K | $662K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.048% | +0.0050% | 1h | $190K | $922K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.032% | +0.0050% | 1h | $522K | $841K | 10x | as long as short |
| edgeX SKHYUSDC | −0.016% | −0.0351% | 4h | $567K | $288K | 10x | as long as short |
| HTX SKHY-USDT | −0.016% | 0.0000% | 8h | $154K | $380K | 50x | as long as short |
| KuCoin SKHYUSDTM | −0.005% | +0.0030% | 8h | $1.1M | $300K | 20x | as long as short |
| Phemex SKHYUSDT | −0.005% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Arcus SKHY-USD | 0.000% | +0.0040% | 1h | $62K | $141K | 10x | as long as short |
| QFEX SKHY-USD | 0.000% | −0.0004% | 1h | $1.2M | $5.2M | 10x | as long as short |
| Popdex SKHYUSDTlong | 0.000% | +0.0048% | 1h | $202K | $228K | 20x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest SKHY-USD-PERP | 0.000% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| SoDEX SKHY-USD | 0.000% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
| Nado SKHY-PERP | 0.000% | −0.0099% | 1h | $28K | $1K | 10x | as long as short |
| Variational Omni SKHY | +0.007% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Lighter RH SKHY | +0.021% | +0.0032% | 1h | $1.1M | $1.4M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.021% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Gate SKHY_USDT | +0.027% | 0.0000% | 8h | $26.4M | $15.8M | 75x | as long as short |
| Extended SKHY-USD | +0.031% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Aster SKHYUSDT | +0.032% | 0.0000% | 8h | $250K | $810K | 50x | as long as short |
| Binance SKHYUSDTshort | +0.033% | 0.0000% | 8h | $214.3M | $352.7M | 50x | |
| Lighter SKHY | +0.037% | +0.0032% | 1h | $1.0M | $684K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | +0.037% | 0.0000% | 8h | $46.9M | $59.6M | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.037% | 0.0000% | 1h | $45K | $199K | 10x | as long as short |
| BloFin SKHY-USDT | +0.037% | +0.0120% | 8h | $2.3M | $356K | 50x | as long as short |
| Bitget SKHYUSDT | +0.048% | 0.0000% | 8h | $25.6M | $23.1M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.050% | +0.0553% | 1h | $50K | $26K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.058% | +0.0050% | 1h | $170.7M | $56.9M | 10x | as long as short |
| Bybit SKHYUSDT | +0.058% | 0.0000% | 8h | $16.0M | $24.7M | 100x | as long as short |
| Phoenix SKHY | +0.128% | +0.0342% | 1h | $213K | $109K | 10x | as long as short |
| SunX SKHY-USDT | +0.138% | 0.0000% | 8h | $690 | $7.3M | 10x | as long as short |