After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.021%7d average+0.034%fees + slippage, in and out−$30spread needed0.302%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 186.92 | −0.0004 | get 0.0001% / 1h | 30m 39s | $1.2M | $4.6M | 10x |
| Short | Bitget SKHYUSDT | 186.88 | 0 | get 0.0000% / 8h | 30m 39s | $24.2M | $19.6M | 20x |
QFEX SKHY-USD
Bitget SKHYUSDTPrice 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
- $0.12
- Slippage, 4 orders
- −$8.21
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$32.23
- Spread needed to break even
- 0.302%
Slippage from QFEX: live order book, 5 min ago; Bitget: live order book, 5 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 QFEX live order book, 5 min ago | 1.34 bp | 6.3 bp −$6 | 7.1 bp −$71 | 14.6 bp −$1,455 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.53 bp | 8.4 bp −$8 | 14.7 bp −$147 | 21.8 bp −$2,183 | 36.5 bp −$18.2K |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Lighter RH186.72cheapestCoinbase International186.75+0.016%tradeXYZ186.79+0.037%Lighter186.79+0.037%Ondo Perps186.82+0.054%KuCoin186.82+0.054%Extended186.83+0.057%OKX186.85+0.070%Aster186.87+0.080%Gate186.87+0.080%Arcus186.88+0.086%
Lighter RH
Coinbase International
tradeXYZ
Lighter
Ondo Perps
KuCoin
Extended
OKX
Aster
Gate
ArcusBitget186.88+0.086%
HTX186.89+0.091%SoDEX186.91+0.102%BloFin186.91+0.102%Binance186.92+0.107%
HTX
SoDEX
BloFin
BinanceQFEX186.92+0.107%
Phemex186.92+0.107%Deribit186.94+0.118%Popdex186.95+0.123%Polymarket Perps186.95+0.123%Bybit186.96+0.129%Orderly187.01+0.155%Vest187.04+0.171%Nado187.05+0.176%edgeX187.09+0.196%Variational Omni187.10+0.202%Kraken Futures187.13+0.217%SunX187.23+0.273%Phoenix187.28+0.300%
Phemex
Deribit
Popdex
Polymarket Perps
Bybit
Orderly
Vest
Nado
Variational Omni
Kraken Futures
SunX
PhoenixSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SKHY | −0.107% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.091% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.070% | +0.0050% | 1h | $175.5M | $47.1M | 10x | as long as short |
| Lighter SKHY | −0.070% | +0.0032% | 1h | $1.0M | $641K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.053% | +0.0050% | 1h | $516K | $785K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.053% | +0.0029% | 8h | $1.1M | $301K | 20x | as long as short |
| Extended SKHY-USD | −0.050% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.037% | 0.0000% | 8h | $47.2M | $51.1M | 50x | as long as short |
| Aster SKHYUSDT | −0.027% | 0.0000% | 8h | $264K | $511K | 50x | as long as short |
| Gate SKHY_USDT | −0.027% | 0.0000% | 8h | $26.8M | $13.1M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus SKHY-USD | −0.021% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| Bitget SKHYUSDTshort | −0.021% | 0.0000% | 8h | $24.2M | $19.6M | 20x | |
| HTX SKHY-USDT | −0.016% | 0.0000% | 8h | $153K | $387K | 50x | as long as short |
| SoDEX SKHY-USD | −0.005% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| BloFin SKHY-USDT | −0.005% | +0.0120% | 8h | $2.3M | $292K | 50x | as long as short |
| Binance SKHYUSDT | 0.000% | 0.0000% | 8h | $224.3M | $284.4M | 50x | as long as short |
| QFEX SKHY-USDlong | 0.000% | −0.0004% | 1h | $1.2M | $4.6M | 10x | |
| Phemex SKHYUSDT | 0.000% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.011% | 0.0000% | 1h | $39K | $133K | 10x | as long as short |
| Popdex SKHYUSDT | +0.016% | +0.0048% | 1h | $202K | $200K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.016% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| Bybit SKHYUSDT | +0.021% | 0.0000% | 8h | $16.0M | $21.0M | 100x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.048% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.064% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Nado SKHY-PERP | +0.069% | −0.0061% | 1h | $28K | $1K | 10x | as long as short |
| edgeX SKHYUSDC | +0.089% | −0.0416% | 4h | $564K | $290K | 10x | as long as short |
| Variational Omni SKHY | +0.095% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Kraken Futures PF_SKHYUSD | +0.110% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| SunX SKHY-USDT | +0.166% | 0.0000% | 8h | $685 | $6.7M | 10x | as long as short |
| Phoenix SKHY | +0.193% | +0.0256% | 1h | $211K | $91K | 10x | as long as short |