After costs, if the gap returns to its 7d average, $10k−$20
spread now+0.037%7d average+0.072%fees + slippage, in and out−$17spread needed0.170%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SKHY | 187.10 | 0.0032 | pay 0.0004% / 1h | 22m 13s | $1.1M | $1.2M | 10x |
| Short | QFEX SKHY-USD | 187.17 | −0.0009 | pay 0.0001% / 1h | 22m 13s | $1.2M | $4.4M | 10x |
Lighter RH SKHY
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
- $3.74
- Funding while held
- −$1.23
- Slippage, 4 orders
- −$6.96
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$14.45
- Spread needed to break even
- 0.170%
Slippage from Lighter RH: live order book, 2 min ago; QFEX: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.23
- 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 Lighter RH live order book, 2 min ago | 1.61 bp | 2.1 bp −$2 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.34 bp | 6.3 bp −$6 | 7.2 bp −$72 | 14.7 bp −$1,474 | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.edgeX186.75cheapestBloFin186.83+0.040%Coinbase International186.88+0.067%Vest187.01+0.137%Ondo Perps187.04+0.153%Phoenix187.04+0.153%Nado187.10+0.184%
BloFin
Coinbase International
Vest
Ondo Perps
Phoenix
NadoLighter RH187.10+0.185%
Polymarket Perps187.10+0.185%HTX187.10+0.185%tradeXYZ187.12+0.196%Extended187.13+0.200%Arcus187.13+0.201%OKX187.14+0.206%Gate187.14+0.206%Lighter187.16+0.217%
Polymarket Perps
HTX
tradeXYZ
Extended
Arcus
OKX
Gate
LighterQFEX187.17+0.222%
Orderly187.17+0.222%Popdex187.18+0.228%Aster187.19+0.234%KuCoin187.20+0.238%SoDEX187.20+0.238%Bitget187.21+0.244%Binance187.22+0.249%Phemex187.22+0.249%Deribit187.25+0.265%Bybit187.26+0.271%Variational Omni187.30+0.291%Kraken Futures187.38+0.334%SunX187.46+0.378%
Orderly
Popdex
Aster
KuCoin
SoDEX
Bitget
Binance
Phemex
Deribit
Bybit
Variational Omni
Kraken Futures
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.184% | −0.0451% | 4h | $563K | $289K | 10x | as long as short |
| BloFin SKHY-USDT | −0.144% | +0.0120% | 8h | $2.3M | $280K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.118% | −0.0128% | 1h | $111K | $521K | 10x | as long as short |
| Vest SKHY-USD-PERP | −0.048% | +0.0046% | 1h | — | $9K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.032% | +0.0050% | 1h | $499K | $735K | 10x | as long as short |
| Phoenix SKHY | −0.032% | +0.0298% | 1h | $211K | $76K | 10x | as long as short |
| Nado SKHY-PERP | −0.001% | −0.0133% | 1h | $28K | $1K | 10x | as long as short |
| Lighter RH SKHYlong | 0.000% | +0.0032% | 1h | $1.1M | $1.2M | 10x | |
| Polymarket Perps SKHY-USD | 0.000% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| HTX SKHY-USDT | 0.000% | 0.0000% | 8h | $154K | $387K | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHY | +0.011% | −0.0013% | 1h | $185.4M | $35.2M | 10x | as long as short |
| Extended SKHY-USD | +0.015% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Arcus SKHY-USD | +0.016% | +0.0040% | 1h | $53K | $121K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | +0.021% | 0.0000% | 8h | $47.5M | $48.2M | 50x | as long as short |
| Gate SKHY_USDT | +0.021% | 0.0000% | 8h | $27.3M | $12.2M | 75x | as long as short |
| Lighter SKHY | +0.032% | +0.0032% | 1h | $1.0M | $610K | 10x | as long as short |
| QFEX SKHY-USDshort | +0.037% | −0.0009% | 1h | $1.2M | $4.4M | 10x | |
| Orderly PERP_SKHY_USDC_mythos | +0.037% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Popdex SKHYUSDT | +0.043% | +0.0048% | 1h | $199K | $183K | 20x | as long as short |
| Aster SKHYUSDT | +0.049% | 0.0000% | 8h | $244K | $391K | 50x | as long as short |
| KuCoin SKHYUSDTM | +0.053% | −0.0055% | 8h | $1.1M | $287K | 20x | as long as short |
| SoDEX SKHY-USD | +0.053% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Bitget SKHYUSDT | +0.059% | 0.0000% | 8h | $24.0M | $17.8M | 20x | as long as short |
| Binance SKHYUSDT | +0.064% | 0.0000% | 8h | $233.4M | $251.1M | 50x | as long as short |
| Phemex SKHYUSDT | +0.064% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.080% | 0.0000% | 1h | $38K | $127K | 10x | as long as short |
| Bybit SKHYUSDT | +0.086% | 0.0000% | 8h | $15.8M | $19.9M | 100x | as long as short |
| Variational Omni SKHY | +0.106% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Kraken Futures PF_SKHYUSD | +0.149% | +0.0435% | 1h | $48K | $24K | 20x | as long as short |
| SunX SKHY-USDT | +0.192% | 0.0000% | 8h | $686 | $5.8M | 10x | as long as short |