After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.123%7d average−0.022%fees + slippage, in and out−$42spread needed0.422%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 187.17 | 0 | get 0.0000% / 1h | 23m 36s | $40K | $134K | 10x |
| Short | QFEX SKHY-USD | 186.94 | −0.0004 | pay 0.0001% / 1h | 23m 36s | $1.2M | $4.6M | 10x |
Deribit SKHY_USDC-PERPETUAL
QFEX SKHY-USDPrice 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
- −$12.29
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$25.23
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$54.64
- Spread needed to break even
- 0.422%
Slippage from Deribit: live order book, 62 min ago; QFEX: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- 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 Deribit live order book, 62 min ago | 4.82 bp | 12.4 bp −$12 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.34 bp | 6.3 bp −$6 | 7.1 bp −$71 | 12.7 bp −$1,271 | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestLighter RH186.77+0.011%Lighter186.81+0.032%tradeXYZ186.87+0.064%BloFin186.88+0.070%KuCoin186.89+0.075%Arcus186.93+0.096%
Coinbase International
Lighter RH
Lighter
tradeXYZ
BloFin
KuCoin
ArcusQFEX186.94+0.102%
Extended186.94+0.104%Ondo Perps186.96+0.112%Aster186.96+0.115%Popdex186.97+0.118%Gate186.97+0.118%Binance186.98+0.123%OKX186.98+0.123%Bybit187.00+0.134%Bitget187.01+0.139%Variational Omni187.03+0.149%Vest187.03+0.150%HTX187.05+0.161%Polymarket Perps187.06+0.166%SoDEX187.10+0.187%Phemex187.11+0.193%Orderly187.17+0.225%
Extended
Ondo Perps
Aster
Popdex
Gate
Binance
OKX
Bybit
Bitget
Variational Omni
Vest
HTX
Polymarket Perps
SoDEX
Phemex
OrderlyDeribit187.17+0.225%
Nado187.18+0.231%Kraken Futures187.29+0.290%edgeX187.33+0.311%Phoenix187.40+0.348%SunX187.42+0.359%
Nado
Kraken Futures
Phoenix
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SKHY-PERP-INTX | −0.224% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| Lighter RH SKHY | −0.214% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Lighter SKHY | −0.192% | +0.0032% | 1h | $1.0M | $644K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.160% | +0.0050% | 1h | $174.9M | $48.2M | 10x | as long as short |
| BloFin SKHY-USDT | −0.155% | +0.0120% | 8h | $2.3M | $294K | 50x | as long as short |
| KuCoin SKHYUSDTM | −0.150% | +0.0041% | 8h | $1.1M | $301K | 20x | as long as short |
| Arcus SKHY-USD | −0.128% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| QFEX SKHY-USDshort | −0.123% | −0.0004% | 1h | $1.2M | $4.6M | 10x | |
| Extended SKHY-USD | −0.120% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.112% | +0.0050% | 1h | $517K | $790K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | −0.110% | 0.0000% | 8h | $265K | $513K | 50x | as long as short |
| Popdex SKHYUSDT | −0.107% | +0.0048% | 1h | $200K | $204K | 20x | as long as short |
| Gate SKHY_USDT | −0.107% | 0.0000% | 8h | $26.7M | $13.2M | 75x | as long as short |
| Binance SKHYUSDT | −0.102% | 0.0000% | 8h | $222.3M | $289.7M | 50x | as long as short |
| OKX SKHY-USDT-SWAP | −0.102% | 0.0000% | 8h | $47.1M | $51.7M | 50x | as long as short |
| Bybit SKHYUSDT | −0.091% | 0.0000% | 8h | $15.8M | $21.2M | 100x | as long as short |
| Bitget SKHYUSDT | −0.085% | 0.0000% | 8h | $24.2M | $19.8M | 20x | as long as short |
| Variational Omni SKHY | −0.075% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Vest SKHY-USD-PERP | −0.075% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| HTX SKHY-USDT | −0.064% | 0.0000% | 8h | $153K | $386K | 50x | as long as short |
| Polymarket Perps SKHY-USD | −0.059% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| SoDEX SKHY-USD | −0.037% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Phemex SKHYUSDT | −0.032% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | 0.000% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $40K | $134K | 10x | |
| Nado SKHY-PERP | +0.006% | −0.0060% | 1h | $28K | $1K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.065% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| edgeX SKHYUSDC | +0.086% | −0.0929% | 4h | $565K | $288K | 10x | as long as short |
| Phoenix SKHY | +0.123% | +0.0256% | 1h | $211K | $91K | 10x | as long as short |
| SunX SKHY-USDT | +0.134% | 0.0000% | 8h | $686 | $6.9M | 10x | as long as short |