After costs, if the gap returns to its 7d average, $10k−$48
spread now−0.042%7d average+0.011%fees + slippage, in and out−$42spread needed0.423%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 188.47 | 0.0048 | pay 0.0006% / 1h | 11m 32s | $202K | $215K | 20x |
| Short | Deribit SKHY_USDC-PERPETUAL | 188.39 | −0.0068 | pay 0.0009% / 1h | 11m 32s | $46K | $162K | 10x |
Popdex 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
- −$4.24
- Funding while held
- −$3.49
- Slippage, 4 orders
- −$28.91
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$50.05
- Spread needed to break even
- 0.423%
Slippage from Popdex: live order book, 34 min ago; Deribit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0116%
- Per $10,000 a day
- −$3.49
- 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 Popdex live order book, 34 min ago | 1.88 bp | 5.8 bp −$6 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 4 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.Variational Omni187.81cheapestedgeX188.05+0.131%Phoenix188.10+0.157%Coinbase International188.11+0.162%BloFin188.21+0.215%HTX188.24+0.231%Phemex188.33+0.279%Nado188.37+0.298%Orderly188.37+0.301%Ondo Perps188.38+0.306%SoDEX188.39+0.311%
Variational Omni
Phoenix
Coinbase International
BloFin
HTX
Phemex
Nado
Orderly
Ondo Perps
SoDEXDeribit188.39+0.311%
Lighter RH188.40+0.317%KuCoin188.43+0.333%Lighter188.44+0.338%Extended188.46+0.349%Kraken Futures188.47+0.353%QFEX188.47+0.354%
Lighter RH
KuCoin
Lighter
Extended
Kraken Futures
QFEXPopdex188.47+0.354%
Gate188.47+0.354%tradeXYZ188.48+0.359%Polymarket Perps188.48+0.359%OKX188.49+0.365%Binance188.49+0.367%Aster188.50+0.370%Arcus188.51+0.375%Bybit188.55+0.397%Vest188.55+0.397%Bitget188.58+0.412%SunX188.66+0.455%
Gate
tradeXYZ
Polymarket Perps
OKX
Binance
Aster
Arcus
Bybit
Vest
Bitget
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | −0.353% | 0.0000% | 8h | $1.5M | $2.8M | — | as long as short |
| edgeX SKHYUSDC | −0.222% | −0.0352% | 4h | $567K | $288K | 10x | as long as short |
| Phoenix SKHY | −0.196% | +0.0385% | 1h | $213K | $97K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.191% | −0.0056% | 1h | $111K | $529K | 10x | as long as short |
| BloFin SKHY-USDT | −0.138% | +0.0120% | 8h | $2.3M | $339K | 50x | as long as short |
| HTX SKHY-USDT | −0.122% | 0.0000% | 8h | $154K | $377K | 50x | as long as short |
| Phemex SKHYUSDT | −0.074% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | −0.055% | −0.0086% | 1h | $28K | $1K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.053% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.048% | +0.0050% | 1h | $518K | $827K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX SKHY-USD | −0.042% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | −0.042% | −0.0068% | 1h | $46K | $162K | 10x | |
| Lighter RH SKHY | −0.037% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.021% | +0.0098% | 8h | $1.1M | $298K | 20x | as long as short |
| Lighter SKHY | −0.016% | +0.0032% | 1h | $1.0M | $664K | 10x | as long as short |
| Extended SKHY-USD | −0.005% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.001% | +0.0479% | 1h | $49K | $24K | 20x | as long as short |
| QFEX SKHY-USD | 0.000% | −0.0009% | 1h | $1.2M | $4.9M | 10x | as long as short |
| Popdex SKHYUSDTlong | 0.000% | +0.0048% | 1h | $202K | $215K | 20x | |
| Gate SKHY_USDT | 0.000% | 0.0000% | 8h | $27.2M | $14.1M | 75x | as long as short |
| tradeXYZ xyz:SKHY | +0.005% | +0.0048% | 1h | $172.5M | $53.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.005% | +0.0050% | 1h | $191K | $921K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | +0.011% | 0.0000% | 8h | $47.4M | $55.7M | 50x | as long as short |
| Binance SKHYUSDT | +0.013% | 0.0000% | 8h | $217.5M | $320.1M | 50x | as long as short |
| Aster SKHYUSDT | +0.016% | 0.0000% | 8h | $282K | $662K | 50x | as long as short |
| Arcus SKHY-USD | +0.021% | +0.0040% | 1h | $53K | $123K | 10x | as long as short |
| Bybit SKHYUSDT | +0.042% | 0.0000% | 8h | $16.2M | $22.4M | 100x | as long as short |
| Vest SKHY-USD-PERP | +0.042% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Bitget SKHYUSDT | +0.058% | 0.0000% | 8h | $25.8M | $21.8M | 20x | as long as short |
| SunX SKHY-USDT | +0.101% | 0.0000% | 8h | $690 | $7.3M | 10x | as long as short |