After costs, if the gap returns to its 7d average, $10k−$19
spread now−0.032%7d average−0.053%fees + slippage, in and out−$21spread needed0.209%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 188.55 | 0.0048 | pay 0.0006% / 1h | 10m 39s | $202K | $215K | 20x |
| Short | Lighter SKHY | 188.49 | 0.0032 | get 0.0004% / 1h | 10m 39s | $1.0M | $664K | 10x |
Popdex SKHYUSDT
Lighter SKHYPrice 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
- −$3.18
- Funding while held
- −$0.48
- Slippage, 4 orders
- −$14.54
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.6
- Spread needed to break even
- 0.209%
Slippage from Popdex: live order book, 35 min ago; Lighter: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0016%
- Per $10,000 a day
- −$0.48
- 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, 35 min ago | 1.88 bp | 5.8 bp −$6 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.06 bp | 1.9 bp −$2 | 3.4 bp −$34 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.edgeX188.05cheapestPhoenix188.10+0.026%Coinbase International188.11+0.031%Nado188.37+0.167%Ondo Perps188.38+0.174%Phemex188.40+0.185%Variational Omni188.40+0.187%KuCoin188.41+0.190%HTX188.42+0.196%Lighter RH188.44+0.206%SoDEX188.47+0.222%BloFin188.47+0.222%Aster188.48+0.226%Polymarket Perps188.48+0.228%
Phoenix
Coinbase International
Nado
Ondo Perps
Phemex
Variational Omni
KuCoin
HTX
Lighter RH
SoDEX
BloFin
Aster
Polymarket PerpsLighter188.49+0.233%
Binance188.49+0.233%tradeXYZ188.51+0.244%Arcus188.51+0.244%QFEX188.52+0.249%Deribit188.52+0.249%Gate188.54+0.259%Bitget188.54+0.259%OKX188.55+0.265%
Binance
tradeXYZ
Arcus
QFEX
Deribit
Gate
Bitget
OKXPopdex188.55+0.265%
Vest188.55+0.265%Bybit188.56+0.270%Orderly188.57+0.275%Extended188.59+0.287%Kraken Futures188.62+0.302%SunX188.71+0.350%
Vest
Bybit
Orderly
Extended
Kraken Futures
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.264% | −0.0352% | 4h | $567K | $288K | 10x | as long as short |
| Phoenix SKHY | −0.239% | +0.0385% | 1h | $213K | $97K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.233% | −0.0056% | 1h | $111K | $529K | 10x | as long as short |
| Nado SKHY-PERP | −0.098% | −0.0086% | 1h | $28K | $1K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.090% | +0.0050% | 1h | $518K | $827K | 10x | as long as short |
| Phemex SKHYUSDT | −0.080% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Variational Omni SKHY | −0.078% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| KuCoin SKHYUSDTM | −0.074% | +0.0098% | 8h | $1.1M | $298K | 20x | as long as short |
| HTX SKHY-USDT | −0.069% | 0.0000% | 8h | $154K | $377K | 50x | as long as short |
| Lighter RH SKHY | −0.058% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX SKHY-USD | −0.042% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | −0.042% | +0.0120% | 8h | $2.3M | $340K | 50x | as long as short |
| Aster SKHYUSDT | −0.038% | 0.0000% | 8h | $282K | $662K | 50x | as long as short |
| Polymarket Perps SKHY-USD | −0.037% | +0.0050% | 1h | $191K | $921K | 10x | as long as short |
| Lighter SKHYshort | −0.032% | +0.0032% | 1h | $1.0M | $664K | 10x | |
| Binance SKHYUSDT | −0.032% | 0.0000% | 8h | $217.5M | $320.4M | 50x | as long as short |
| tradeXYZ xyz:SKHY | −0.021% | +0.0045% | 1h | $172.5M | $53.3M | 10x | as long as short |
| Arcus SKHY-USD | −0.021% | +0.0040% | 1h | $53K | $123K | 10x | as long as short |
| QFEX SKHY-USD | −0.016% | −0.0009% | 1h | $1.2M | $4.9M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.016% | −0.0174% | 1h | $46K | $162K | 10x | as long as short |
| Gate SKHY_USDT | −0.005% | 0.0000% | 8h | $27.2M | $14.1M | 75x | as long as short |
| Bitget SKHYUSDT | −0.005% | 0.0000% | 8h | $25.8M | $21.8M | 20x | as long as short |
| OKX SKHY-USDT-SWAP | 0.000% | 0.0000% | 8h | $47.4M | $56.0M | 50x | as long as short |
| Popdex SKHYUSDTlong | 0.000% | +0.0048% | 1h | $202K | $215K | 20x | |
| Vest SKHY-USD-PERP | 0.000% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Bybit SKHYUSDT | +0.005% | 0.0000% | 8h | $16.2M | $22.4M | 100x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.011% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Extended SKHY-USD | +0.023% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.037% | +0.0478% | 1h | $49K | $24K | 20x | as long as short |
| SunX SKHY-USDT | +0.085% | 0.0000% | 8h | $691 | $7.3M | 10x | as long as short |