After costs, if the gap returns to its 7d average, $10k−$16
spread now+0.239%7d average+0.023%fees + slippage, in and out−$37spread needed0.375%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKHY-USDT-SWAP | 188.15 | 0 | get 0.0000% / 8h | 7h 09m | $47.2M | $56.2M | 50x |
| Short | Deribit SKHY_USDC-PERPETUAL | 188.60 | −0.0068 | pay 0.0009% / 1h | 9m 50s | $45K | $163K | 10x |
OKX SKHY-USDT-SWAP
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
- $23.92
- Funding while held
- −$2.04
- Slippage, 4 orders
- −$20.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$15.6
- Spread needed to break even
- 0.375%
Slippage from OKX: live order book, 5 min ago; Deribit: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- 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 OKX live order book, 5 min ago | 0.27 bp | 5.9 bp −$6 | 7.8 bp −$78 | 25.8 bp −$2,576 | doesn't fit |
| Sell Deribit live order book, 6 min ago | 5.59 bp | 9.1 bp −$9 | 13.3 bp −$133 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.edgeX188.05cheapestPhoenix188.10+0.026%Coinbase International188.11+0.031%
Phoenix
Coinbase InternationalOKX188.15+0.052%
Bitget188.35+0.158%Bybit188.36+0.164%Nado188.37+0.167%Ondo Perps188.38+0.174%Variational Omni188.40+0.187%Polymarket Perps188.47+0.222%BloFin188.47+0.222%Lighter RH188.48+0.228%Binance188.48+0.230%QFEX188.52+0.249%Arcus188.53+0.254%KuCoin188.53+0.254%Lighter188.54+0.259%Vest188.54+0.259%HTX188.54+0.259%Popdex188.55+0.265%Phemex188.55+0.265%Gate188.58+0.281%SoDEX188.59+0.286%
Bitget
Bybit
Nado
Ondo Perps
Variational Omni
Polymarket Perps
BloFin
Lighter RH
Binance
QFEX
Arcus
KuCoin
Lighter
Vest
HTX
Popdex
Phemex
Gate
SoDEXDeribit188.60+0.291%
Aster188.60+0.293%tradeXYZ188.62+0.302%Orderly188.65+0.318%Extended188.67+0.327%Kraken Futures188.67+0.328%SunX188.83+0.414%
Aster
tradeXYZ
Orderly
Extended
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 | −0.052% | −0.0352% | 4h | $567K | $288K | 10x | as long as short |
| Phoenix SKHY | −0.027% | +0.0385% | 1h | $213K | $97K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.021% | −0.0056% | 1h | $111K | $529K | 10x | as long as short |
| OKX SKHY-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $47.2M | $56.2M | 50x | |
| Bitget SKHYUSDT | +0.106% | 0.0000% | 8h | $25.8M | $21.9M | 20x | as long as short |
| Bybit SKHYUSDT | +0.112% | 0.0000% | 8h | $16.2M | $22.5M | 100x | as long as short |
| Nado SKHY-PERP | +0.115% | −0.0086% | 1h | $28K | $1K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.122% | +0.0050% | 1h | $518K | $827K | 10x | as long as short |
| Variational Omni SKHY | +0.134% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| Polymarket Perps SKHY-USD | +0.170% | +0.0050% | 1h | $191K | $921K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SKHY-USDT | +0.170% | +0.0120% | 8h | $2.3M | $340K | 50x | as long as short |
| Lighter RH SKHY | +0.175% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Binance SKHYUSDT | +0.178% | 0.0000% | 8h | $217.5M | $321.3M | 50x | as long as short |
| QFEX SKHY-USD | +0.197% | −0.0009% | 1h | $1.2M | $4.9M | 10x | as long as short |
| Arcus SKHY-USD | +0.202% | +0.0040% | 1h | $53K | $123K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.202% | +0.0098% | 8h | $1.1M | $298K | 20x | as long as short |
| Lighter SKHY | +0.207% | +0.0032% | 1h | $1.0M | $664K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.207% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| HTX SKHY-USDT | +0.207% | 0.0000% | 8h | $154K | $377K | 50x | as long as short |
| Popdex SKHYUSDT | +0.213% | +0.0048% | 1h | $202K | $215K | 20x | as long as short |
| Phemex SKHYUSDT | +0.213% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Gate SKHY_USDT | +0.229% | 0.0000% | 8h | $27.2M | $14.1M | 75x | as long as short |
| SoDEX SKHY-USD | +0.234% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | +0.239% | −0.0068% | 1h | $45K | $163K | 10x | |
| Aster SKHYUSDT | +0.241% | 0.0000% | 8h | $282K | $663K | 50x | as long as short |
| tradeXYZ xyz:SKHY | +0.250% | +0.0044% | 1h | $172.6M | $53.3M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.266% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Extended SKHY-USD | +0.275% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.276% | +0.0478% | 1h | $49K | $24K | 20x | as long as short |
| SunX SKHY-USDT | +0.361% | 0.0000% | 8h | $691 | $7.3M | 10x | as long as short |