After costs, if the gap returns to its 7d average, $10k−$106
spread now+0.021%7d average−0.007%fees + slippage, in and out−$109spread needed1.090%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYUSDT | 186.89 | 0 | get 0.0000% / 8h | 1h 19m | $1.5M | $1.1M | 10x |
| Short | OKX SKHY-USDT-SWAP | 186.93 | 0 | get 0.0000% / 8h | 1h 19m | $47.3M | $48.4M | 50x |
Phemex SKHYUSDT
OKX SKHY-USDT-SWAPPrice 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
- $2.14
- Funding while held
- $0
- Slippage, 4 orders
- −$87.03
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$106.89
- Spread needed to break even
- 1.090%
Slippage from Phemex: live order book, 5 min ago; OKX: live order book, 1 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 Phemex live order book, 5 min ago | 3.22 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.27 bp | 6.3 bp −$6 | 9.2 bp −$92 | 25.7 bp −$2,572 | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.edgeX186.64cheapestPhoenix186.77+0.070%tradeXYZ186.78+0.076%BloFin186.81+0.092%Binance186.84+0.106%Vest186.84+0.108%Polymarket Perps186.84+0.108%SoDEX186.84+0.108%Bybit186.85+0.113%Gate186.87+0.124%Lighter RH186.88+0.129%Arcus186.88+0.129%Orderly186.88+0.129%Coinbase International186.88+0.129%Lighter186.89+0.134%QFEX186.89+0.134%KuCoin186.89+0.134%HTX186.89+0.134%
Phoenix
tradeXYZ
BloFin
Binance
Vest
Polymarket Perps
SoDEX
Bybit
Gate
Lighter RH
Arcus
Orderly
Coinbase International
Lighter
QFEX
KuCoin
HTXPhemex186.89+0.134%
Deribit186.91+0.145%Extended186.92+0.148%Ondo Perps186.92+0.151%
Deribit
Extended
Ondo PerpsOKX186.93+0.156%
Popdex186.96+0.172%Bitget186.96+0.172%Aster186.97+0.175%Nado187.02+0.206%Kraken Futures187.06+0.225%Variational Omni187.09+0.243%SunX187.17+0.284%
Popdex
Bitget
Aster
Nado
Kraken Futures
Variational Omni
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.134% | −0.0130% | 4h | $563K | $289K | 10x | as long as short |
| Phoenix SKHY | −0.064% | +0.0298% | 1h | $211K | $76K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.059% | −0.0013% | 1h | $184.9M | $35.5M | 10x | as long as short |
| BloFin SKHY-USDT | −0.043% | +0.0120% | 8h | $2.3M | $280K | 50x | as long as short |
| Binance SKHYUSDT | −0.028% | 0.0000% | 8h | $230.8M | $254.6M | 50x | as long as short |
| Vest SKHY-USD-PERP | −0.027% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.027% | +0.0050% | 1h | $179K | $898K | 10x | as long as short |
| SoDEX SKHY-USD | −0.027% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Bybit SKHYUSDT | −0.021% | 0.0000% | 8h | $15.8M | $20.1M | 100x | as long as short |
| Gate SKHY_USDT | −0.011% | 0.0000% | 8h | $27.3M | $12.3M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SKHY | −0.005% | +0.0032% | 1h | $1.1M | $1.2M | 10x | as long as short |
| Arcus SKHY-USD | −0.005% | +0.0040% | 1h | $53K | $122K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.005% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.005% | −0.0128% | 1h | $111K | $521K | 10x | as long as short |
| Lighter SKHY | 0.000% | +0.0032% | 1h | $998K | $615K | 10x | as long as short |
| QFEX SKHY-USD | 0.000% | −0.0009% | 1h | $1.2M | $4.4M | 10x | as long as short |
| KuCoin SKHYUSDTM | 0.000% | −0.0049% | 8h | $1.1M | $294K | 20x | as long as short |
| HTX SKHY-USDT | 0.000% | 0.0000% | 8h | $153K | $388K | 50x | as long as short |
| Phemex SKHYUSDTlong | 0.000% | 0.0000% | 8h | $1.5M | $1.1M | 10x | |
| Deribit SKHY_USDC-PERPETUAL | +0.011% | 0.0000% | 1h | $38K | $127K | 10x | as long as short |
| Extended SKHY-USD | +0.014% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.016% | +0.0050% | 1h | $503K | $742K | 10x | as long as short |
| OKX SKHY-USDT-SWAPshort | +0.021% | 0.0000% | 8h | $47.3M | $48.4M | 50x | |
| Popdex SKHYUSDT | +0.037% | +0.0048% | 1h | $199K | $184K | 20x | as long as short |
| Bitget SKHYUSDT | +0.037% | 0.0000% | 8h | $23.9M | $17.9M | 20x | as long as short |
| Aster SKHYUSDT | +0.041% | 0.0000% | 8h | $244K | $484K | 50x | as long as short |
| Nado SKHY-PERP | +0.071% | −0.0125% | 1h | $28K | $1K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.090% | +0.0436% | 1h | $48K | $24K | 20x | as long as short |
| Variational Omni SKHY | +0.109% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| SunX SKHY-USDT | +0.150% | 0.0000% | 8h | $792 | $5.9M | 10x | as long as short |