After costs, if the gap returns to its 7d average, $10k−$43
spread now+0.016%7d average+0.013%fees + slippage, in and out−$43spread needed0.431%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYUSDT | 187.70 | 0 | get 0.0000% / 8h | 5h 17m | $15.9M | $24.7M | 100x |
| Short | Deribit SKHY_USDC-PERPETUAL | 187.73 | 0 | get 0.0000% / 1h | 17m 17s | $45K | $198K | 10x |
Bybit SKHYUSDT
Deribit SKHY_USDC-PERPETUALPrice 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
- $1.6
- Funding while held
- $0
- Slippage, 4 orders
- −$25.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$41.52
- Spread needed to break even
- 0.431%
Slippage from Bybit: live order book, 3 min ago; Deribit: live order book, 53 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Bybit live order book, 3 min ago | 0.53 bp | 7.0 bp −$7 | 13.0 bp −$130 | 31.3 bp −$3,131 | doesn't fit |
| Sell Deribit live order book, 53 min ago | 4.01 bp | 16.6 bp −$17 | 19.6 bp −$196 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps187.48cheapestVariational Omni187.48+0.001%Arcus187.51+0.016%Aster187.51+0.018%Vest187.53+0.027%Popdex187.54+0.032%edgeX187.55+0.036%QFEX187.55+0.037%Ondo Perps187.56+0.043%KuCoin187.57+0.048%SoDEX187.58+0.053%HTX187.59+0.059%Gate187.60+0.064%tradeXYZ187.61+0.069%Lighter RH187.62+0.075%Extended187.64+0.087%Lighter187.65+0.091%Bitget187.65+0.091%Phemex187.65+0.091%Orderly187.66+0.096%Coinbase International187.67+0.101%Binance187.68+0.106%Nado187.68+0.109%OKX187.69+0.112%BloFin187.69+0.112%
Polymarket Perps
Variational Omni
Arcus
Aster
Vest
Popdex
QFEX
Ondo Perps
KuCoin
SoDEX
HTX
Gate
tradeXYZ
Lighter RH
Extended
Lighter
Bitget
Phemex
Orderly
Coinbase International
Binance
Nado
OKX
BloFinBybit187.70+0.117%
Deribit187.73+0.133%
Kraken Futures187.74+0.137%Phoenix187.84+0.192%SunX187.90+0.224%
Kraken Futures
Phoenix
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps SKHY-USD | −0.117% | +0.0050% | 1h | $190K | $922K | 10x | as long as short |
| Variational Omni SKHY | −0.116% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Arcus SKHY-USD | −0.101% | +0.0040% | 1h | $62K | $140K | 10x | as long as short |
| Aster SKHYUSDT | −0.099% | 0.0000% | 8h | $244K | $809K | 50x | as long as short |
| Vest SKHY-USD-PERP | −0.091% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Popdex SKHYUSDT | −0.085% | +0.0048% | 1h | $201K | $227K | 20x | as long as short |
| edgeX SKHYUSDC | −0.081% | −0.0286% | 4h | $565K | $289K | 10x | as long as short |
| QFEX SKHY-USD | −0.080% | −0.0004% | 1h | $1.2M | $5.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.075% | +0.0050% | 1h | $520K | $839K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.069% | +0.0028% | 8h | $1.1M | $298K | 20x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX SKHY-USD | −0.064% | +0.0050% | 1h | $41K | $12K | 10x | as long as short |
| HTX SKHY-USDT | −0.059% | 0.0000% | 8h | $154K | $380K | 50x | as long as short |
| Gate SKHY_USDT | −0.053% | 0.0000% | 8h | $26.3M | $15.7M | 75x | as long as short |
| tradeXYZ xyz:SKHY | −0.048% | +0.0041% | 1h | $170.4M | $56.5M | 10x | as long as short |
| Lighter RH SKHY | −0.043% | +0.0032% | 1h | $1.1M | $1.4M | 10x | as long as short |
| Extended SKHY-USD | −0.031% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Lighter SKHY | −0.027% | +0.0032% | 1h | $1.0M | $683K | 10x | as long as short |
| Bitget SKHYUSDT | −0.027% | 0.0000% | 8h | $25.5M | $23.1M | 20x | as long as short |
| Phemex SKHYUSDT | −0.027% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.021% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.016% | +0.0096% | 1h | $167K | $662K | 10x | as long as short |
| Binance SKHYUSDT | −0.011% | 0.0000% | 8h | $214.2M | $350.4M | 50x | as long as short |
| Nado SKHY-PERP | −0.008% | −0.0109% | 1h | $28K | $1K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.005% | 0.0000% | 8h | $46.8M | $59.3M | 50x | as long as short |
| BloFin SKHY-USDT | −0.005% | +0.0120% | 8h | $2.3M | $354K | 50x | as long as short |
| Bybit SKHYUSDTlong | 0.000% | 0.0000% | 8h | $15.9M | $24.7M | 100x | |
| Deribit SKHY_USDC-PERPETUALshort | +0.016% | 0.0000% | 1h | $45K | $198K | 10x | |
| Kraken Futures PF_SKHYUSD | +0.020% | +0.0555% | 1h | $50K | $26K | 20x | as long as short |
| Phoenix SKHY | +0.075% | +0.0342% | 1h | $212K | $109K | 10x | as long as short |
| SunX SKHY-USDT | +0.107% | 0.0000% | 8h | $688 | $7.3M | 10x | as long as short |