Spread before costs (cost unknown: a leg has no order-book sample)−0.027%
7d average—if it closes, per $10,000$3funding while held, a day−$0.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SKHY-USD | 186.82 | 0.0050 | pay 0.0006% / 1h | 21m 01s | $41K | $11K | 10x |
| Short | Lighter SKHY | 186.77 | 0.0032 | get 0.0004% / 1h | 21m 01s | $1.0M | $644K | 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
- −$2.68
- Funding while held
- −$0.54
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.22
- Spread needed to break even
- 0.080%
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 1 min ago | 1.07 bp | 6.3 bp −$6 | 25.0 bp −$250 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|
| Lighter RH SKHY | −0.054% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.037% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.032% | +0.0050% | 1h | $179K | $898K | 10x | as long as short |
| Lighter SKHYshort | −0.027% | +0.0032% | 1h | $1.0M | $644K | 10x | |
| QFEX SKHY-USD | −0.016% | −0.0004% | 1h | $1.2M | $4.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.016% | +0.0043% | 8h | $1.1M | $302K | 20x | as long as short |
| HTX SKHY-USDT | −0.016% | 0.0000% | 8h | $153K | $387K | 50x | as long as short |
| tradeXYZ xyz:SKHY | −0.005% | +0.0050% | 1h | $174.5M | $48.5M | 10x | as long as short |
| Phemex SKHYUSDT | −0.005% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| BloFin SKHY-USDT | −0.005% | +0.0120% | 8h | $2.3M | $294K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | −0.004% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| edgeX SKHYUSDC | −0.001% | −0.0068% | 4h | $563K | $289K | 10x | as long as short |
| SoDEX SKHY-USDlong | 0.000% | +0.0050% | 1h | $41K | $11K | 10x | |
| Popdex SKHYUSDT | +0.005% | +0.0048% | 1h | $200K | $204K | 20x | as long as short |
| Gate SKHY_USDT | +0.005% | 0.0000% | 8h | $26.7M | $13.2M | 75x | as long as short |
| Arcus SKHY-USD | +0.011% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.016% | +0.0050% | 1h | $516K | $792K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.016% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Binance SKHYUSDT | +0.021% | 0.0000% | 8h | $220.6M | $290.9M | 50x | as long as short |
| OKX SKHY-USDT-SWAP | +0.021% | 0.0000% | 8h | $47.1M | $51.7M | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.021% | 0.0000% | 1h | $40K | $135K | 10x | as long as short |
| Aster SKHYUSDT | +0.028% | 0.0000% | 8h | $264K | $513K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.032% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Bybit SKHYUSDT | +0.037% | 0.0000% | 8h | $15.8M | $21.2M | 100x | as long as short |
| Bitget SKHYUSDT | +0.048% | 0.0000% | 8h | $24.2M | $19.8M | 20x | as long as short |
| Nado SKHY-PERP | +0.066% | −0.0060% | 1h | $28K | $1K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.094% | +0.0595% | 1h | $48K | $24K | 20x | as long as short |
| Variational Omni SKHY | +0.112% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Phoenix SKHY | +0.112% | +0.0256% | 1h | $211K | $91K | 10x | as long as short |
| SunX SKHY-USDT | +0.161% | 0.0000% | 8h | $685 | $7.0M | 10x | as long as short |
SoDEX SKHY-USD
Lighter SKHY
Lighter RH
Coinbase International
Polymarket Perps
KuCoin
HTX
tradeXYZ
Phemex
BloFin
Extended
Popdex
Gate
Binance
OKX
Deribit
Aster
Bybit
Bitget
Kraken Futures
Variational Omni
Phoenix
SunX