After costs, if the gap returns to its 7d average, $10k−$66
spread now−0.048%7d average+0.017%fees + slippage, in and out−$60spread needed0.599%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SKHY | 187.39 | 0.0050 | pay 0.0006% / 1h | 42m 43s | $170.5M | $56.2M | 10x |
| Short | KuCoin SKHYUSDTM | 187.30 | 0.0064 | get 0.0064% / 8h | 5h 42m | $1.1M | $297K | 20x |
tradeXYZ xyz:SKHY
KuCoin SKHYUSDTMPrice 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
- −$4.8
- Funding while held
- $0.42
- Slippage, 4 orders
- −$29.9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$64.29
- Spread needed to break even
- 0.599%
Slippage from tradeXYZ: live order book, 8 min ago; KuCoin: live order book, 8 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0014%
- Per $10,000 a day
- +$0.42
- 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, 8 min ago | 0.27 bp | 9.3 bp −$9 | 9.3 bp −$93 | 13.1 bp −$1,311 | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 1.87 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Lighter RH187.29cheapest
Lighter RHKuCoin187.30+0.005%
Lighter187.33+0.021%Variational Omni187.34+0.027%OKX187.36+0.037%Extended187.38+0.046%Gate187.38+0.048%Binance187.38+0.049%
Lighter
Variational Omni
OKX
Extended
Gate
BinancetradeXYZ187.39+0.053%
Bitget187.40+0.059%Phemex187.41+0.064%Bybit187.42+0.069%SoDEX187.44+0.080%Arcus187.46+0.091%Ondo Perps187.48+0.101%Deribit187.48+0.101%Aster187.51+0.118%edgeX187.54+0.132%Orderly187.55+0.139%Polymarket Perps187.59+0.160%HTX187.59+0.160%BloFin187.59+0.160%Coinbase International187.67+0.203%QFEX187.69+0.214%Popdex187.69+0.214%Vest187.69+0.214%SunX187.73+0.235%Kraken Futures187.73+0.235%Nado187.73+0.237%Phoenix187.79+0.267%
Bitget
Phemex
Bybit
SoDEX
Arcus
Ondo Perps
Deribit
Aster
Orderly
Polymarket Perps
HTX
BloFin
Coinbase International
QFEX
Popdex
Vest
SunX
Kraken Futures
Nado
PhoenixSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SKHY | −0.053% | +0.0032% | 1h | $1.1M | $1.4M | 10x | as long as short |
| KuCoin SKHYUSDTMshort | −0.048% | +0.0064% | 8h | $1.1M | $297K | 20x | |
| Lighter SKHY | −0.032% | +0.0032% | 1h | $1.0M | $680K | 10x | as long as short |
| Variational Omni SKHY | −0.027% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| OKX SKHY-USDT-SWAP | −0.016% | 0.0000% | 8h | $46.9M | $58.4M | 50x | as long as short |
| Extended SKHY-USD | −0.007% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Gate SKHY_USDT | −0.005% | 0.0000% | 8h | $26.4M | $15.4M | 75x | as long as short |
| Binance SKHYUSDT | −0.004% | 0.0000% | 8h | $214.0M | $345.7M | 50x | as long as short |
| tradeXYZ xyz:SKHYlong | 0.000% | +0.0050% | 1h | $170.5M | $56.2M | 10x | |
| Bitget SKHYUSDT | +0.005% | 0.0000% | 8h | $25.4M | $22.7M | 20x | as long as short |