Spread before costs (cost unknown: a leg has no order-book sample)+0.134%
7d average—if it closes, per $10,000$13funding while held, a day+$15.14
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SKHY | 187.48 | 0.0050 | pay 0.0006% / 1h | 42m 53s | $170.6M | $56.1M | 10x |
| Short | Kraken Futures PF_SKHYUSD | 187.73 | 0.0555 | get 0.0069% / 1h | 42m 53s | $49K | $25K | 20x |
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSDPrice 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
- $13.38
- Funding while held
- $15.14
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $0.52
- Spread needed to break even
- 0.280%
Slippage unknown: tradeXYZ: live order book, 7 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0505%
- Per $10,000 a day
- +$15.14
- 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 tradeXYZ live order book, 7 min ago | 0.27 bp | 9.3 bp −$9 | 9.3 bp −$93 | 13.1 bp −$1,311 | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: 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.KuCoin187.31cheapestVariational Omni187.34+0.016%Lighter RH187.37+0.032%Lighter187.40+0.048%Phemex187.41+0.053%Extended187.42+0.061%Binance187.43+0.064%OKX187.44+0.069%SoDEX187.44+0.069%Gate187.45+0.075%Bitget187.46+0.080%
KuCoin
Variational Omni
Lighter RH
Lighter
Phemex
Extended
Binance
OKX
SoDEX
Gate
BitgettradeXYZ187.48+0.091%
Bybit187.48+0.091%Ondo Perps187.48+0.091%Deribit187.48+0.091%Aster187.52+0.110%edgeX187.54+0.122%Orderly187.55+0.128%Polymarket Perps187.59+0.149%HTX187.59+0.149%BloFin187.59+0.149%Arcus187.65+0.182%Coinbase International187.67+0.192%QFEX187.69+0.203%Popdex187.69+0.203%Vest187.69+0.203%SunX187.73+0.224%
Bybit
Ondo Perps
Deribit
Aster
Orderly
Polymarket Perps
HTX
BloFin
Arcus
Coinbase International
QFEX
Popdex
Vest
SunXKraken Futures187.73+0.225%
Nado187.73+0.227%Phoenix187.79+0.256%
Nado
PhoenixSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SKHYUSDTM | −0.091% | +0.0067% | 8h | $1.1M | $297K | 20x | as long as short |
| Variational Omni SKHY | −0.075% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Lighter RH SKHY | −0.059% | +0.0032% | 1h | $1.1M | $1.4M | 10x | as long as short |
| Lighter SKHY | −0.043% | +0.0032% | 1h | $1.0M | $680K | 10x | as long as short |
| Phemex SKHYUSDT | −0.037% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Extended SKHY-USD | −0.030% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Binance SKHYUSDT | −0.027% | 0.0000% | 8h | $214.0M | $345.7M | 50x | as long as short |
| OKX SKHY-USDT-SWAP | −0.021% | 0.0000% | 8h | $46.9M | $58.4M | 50x | as long as short |
| SoDEX SKHY-USD | −0.021% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| Gate SKHY_USDT | −0.016% | 0.0000% | 8h | $26.4M | $15.4M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.011% | 0.0000% | 8h | $25.4M | $22.7M | 20x | as long as short |
| tradeXYZ xyz:SKHYlong | 0.000% | +0.0050% | 1h | $170.6M | $56.1M | 10x | |
| Bybit SKHYUSDT | 0.000% | 0.0000% | 8h | $15.9M | $23.9M | 100x | as long as short |
| Ondo Perps SKHY-USD.P | 0.000% | +0.0050% | 1h | $519K | $837K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.000% | −0.0070% | 1h | $45K | $193K | 10x | as long as short |
| Aster SKHYUSDT | +0.019% | 0.0000% | 8h | $251K | $801K | 50x | as long as short |
| edgeX SKHYUSDC | +0.031% | −0.0701% | 4h | $565K | $290K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.037% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.059% | +0.0050% | 1h | $190K | $922K | 10x | as long as short |
| HTX SKHY-USDT | +0.059% | 0.0000% | 8h | $154K | $378K | 50x | as long as short |
| BloFin SKHY-USDT | +0.059% | +0.0120% | 8h | $2.2M | $349K | 50x | as long as short |
| Arcus SKHY-USD | +0.091% | +0.0040% | 1h | $62K | $139K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.101% | +0.0096% | 1h | $167K | $662K | 10x | as long as short |
| QFEX SKHY-USD | +0.112% | −0.0004% | 1h | $1.2M | $5.0M | 10x | as long as short |
| Popdex SKHYUSDT | +0.112% | +0.0048% | 1h | $202K | $224K | 20x | as long as short |
| Vest SKHY-USD-PERP | +0.112% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| SunX SKHY-USDT | +0.133% | 0.0000% | 8h | $687 | $7.3M | 10x | as long as short |
| Kraken Futures PF_SKHYUSDshort | +0.134% | +0.0555% | 1h | $49K | $25K | 20x | |
| Nado SKHY-PERP | +0.136% | −0.0102% | 1h | $28K | $1K | 10x | as long as short |
| Phoenix SKHY | +0.165% | +0.0342% | 1h | $212K | $109K | 10x | as long as short |