After costs, if the gap returns to its 7d average, $10k−$28
spread now−0.005%7d average+0.014%fees + slippage, in and out−$27spread needed0.265%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 188.28 | −0.0004 | get 0.0000% / 1h | 3m 12s | $1.2M | $5.2M | 10x |
| Short | BloFin SKHY-USDT | 188.27 | 0.0120 | get 0.0120% / 8h | 5h 03m | $2.3M | $357K | 50x |
QFEX SKHY-USD
BloFin SKHY-USDTPrice 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
- −$0.53
- Funding while held
- $3.71
- Slippage, 4 orders
- −$4.53
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.35
- Spread needed to break even
- 0.265%
Slippage from QFEX: live order book, 7 min ago; BloFin: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0124%
- Per $10,000 a day
- +$3.71
- 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, 7 min ago | 1.33 bp | 6.3 bp −$6 | 6.3 bp −$63 | 14.4 bp −$1,439 | doesn't fit |
| Sell BloFin live order book, 1 min ago | 0.27 bp | 6.3 bp −$6 | 6.4 bp −$64 | 13.7 bp −$1,366 | 25.6 bp −$12.8K |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International187.67cheapestVariational Omni188.12+0.241%KuCoin188.17+0.266%Polymarket Perps188.17+0.266%Arcus188.20+0.282%HTX188.20+0.282%Lighter RH188.21+0.288%Nado188.22+0.292%OKX188.22+0.293%SoDEX188.22+0.293%Binance188.23+0.297%Phemex188.23+0.298%Lighter188.24+0.304%Gate188.24+0.304%Bitget188.24+0.304%tradeXYZ188.25+0.309%Ondo Perps188.25+0.309%Popdex188.25+0.309%Vest188.25+0.309%Extended188.26+0.313%Aster188.26+0.315%edgeX188.26+0.317%Orderly188.27+0.320%
Coinbase International
Variational Omni
KuCoin
Polymarket Perps
Arcus
HTX
Lighter RH
Nado
OKX
SoDEX
Binance
Phemex
Lighter
Gate
Bitget
tradeXYZ
Ondo Perps
Popdex
Vest
Extended
Aster
OrderlyBloFin188.27+0.320%
Bybit188.28+0.325%
BybitQFEX188.28+0.325%
Deribit188.31+0.341%Kraken Futures188.40+0.390%Phoenix188.51+0.448%SunX188.53+0.458%
Deribit
Kraken Futures
Phoenix
SunXSKHY on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International SKHY-PERP-INTX | −0.324% | +0.0096% | 1h | $167K | $662K | 10x | as long as short |
| Variational Omni SKHY | −0.084% | 0.0000% | 8h | $1.5M | $2.6M | — | as long as short |
| KuCoin SKHYUSDTM | −0.058% | +0.0030% | 8h | $1.1M | $300K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.058% | +0.0050% | 1h | $191K | $922K | 10x | as long as short |
| Arcus SKHY-USD | −0.042% | +0.0040% | 1h | $62K | $141K | 10x | as long as short |
| HTX SKHY-USDT | −0.042% | 0.0000% | 8h | $154K | $378K | 50x | as long as short |
| Lighter RH SKHY | −0.037% | +0.0032% | 1h | $1.1M | $1.4M | 10x | as long as short |
| Nado SKHY-PERP | −0.033% | −0.0096% | 1h | $28K | $1K | 10x | as long as short |
| OKX SKHY-USDT-SWAP | −0.032% | 0.0000% | 8h | $46.9M | $59.9M | 50x | as long as short |
| SoDEX SKHY-USD | −0.032% | +0.0050% | 1h | $42K | $12K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance SKHYUSDT | −0.028% | 0.0000% | 8h | $214.2M | $353.9M | 50x | as long as short |
| Phemex SKHYUSDT | −0.027% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | −0.021% | +0.0032% | 1h | $1.0M | $684K | 10x | as long as short |
| Gate SKHY_USDT | −0.021% | 0.0000% | 8h | $26.3M | $15.9M | 75x | as long as short |
| Bitget SKHYUSDT | −0.021% | 0.0000% | 8h | $25.6M | $23.2M | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.016% | +0.0050% | 1h | $169.7M | $57.9M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.016% | +0.0050% | 1h | $522K | $843K | 10x | as long as short |
| Popdex SKHYUSDT | −0.016% | +0.0048% | 1h | $202K | $228K | 20x | as long as short |
| Vest SKHY-USD-PERP | −0.016% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| Extended SKHY-USD | −0.012% | 0.0000% | 1h | $55K | $2K | 10x | as long as short |
| Aster SKHYUSDT | −0.010% | 0.0000% | 8h | $250K | $810K | 50x | as long as short |
| edgeX SKHYUSDC | −0.008% | −0.0399% | 4h | $568K | $289K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | −0.005% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDTshort | −0.005% | +0.0120% | 8h | $2.3M | $357K | 50x | |
| Bybit SKHYUSDT | 0.000% | 0.0000% | 8h | $15.9M | $24.8M | 100x | as long as short |
| QFEX SKHY-USDlong | 0.000% | −0.0004% | 1h | $1.2M | $5.2M | 10x | |
| Deribit SKHY_USDC-PERPETUAL | +0.016% | 0.0000% | 1h | $45K | $200K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.064% | +0.0553% | 1h | $50K | $26K | 20x | as long as short |
| Phoenix SKHY | +0.122% | +0.0342% | 1h | $213K | $109K | 10x | as long as short |
| SunX SKHY-USDT | +0.133% | 0.0000% | 8h | $690 | $7.4M | 10x | as long as short |