After costs, if the gap returns to its 7d average, $10k−$43
spread now+0.011%7d average+0.022%fees + slippage, in and out−$42spread needed0.422%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 186.94 | −0.0004 | get 0.0001% / 1h | 23m 00s | $1.2M | $4.6M | 10x |
| Short | Deribit SKHY_USDC-PERPETUAL | 186.96 | 0 | get 0.0000% / 1h | 23m 00s | $40K | $134K | 10x |
QFEX SKHY-USD
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
- $1.07
- Funding while held
- $0.12
- Slippage, 4 orders
- −$25.23
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$41.04
- Spread needed to break even
- 0.422%
Slippage from QFEX: live order book, 7 min ago; Deribit: live order book, 62 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, 7 min ago | 1.34 bp | 6.3 bp −$6 | 8.4 bp −$84 | 15.8 bp −$1,578 | doesn't fit |
| Sell Deribit live order book, 62 min ago | 4.82 bp | 17.2 bp −$17 | 20.9 bp −$209 | doesn't fit | doesn't fit |
SKHY price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International186.75cheapestedgeX186.82+0.036%Polymarket Perps186.86+0.059%Lighter RH186.88+0.070%tradeXYZ186.89+0.075%Vest186.90+0.080%HTX186.90+0.080%Extended186.90+0.083%SoDEX186.91+0.086%Lighter186.92+0.091%KuCoin186.92+0.091%Arcus186.93+0.096%
Coinbase International
Polymarket Perps
Lighter RH
tradeXYZ
Vest
HTX
Extended
SoDEX
Lighter
KuCoin
ArcusQFEX186.94+0.102%
OKX186.95+0.107%Gate186.95+0.107%BloFin186.95+0.107%Binance186.96+0.111%Ondo Perps186.96+0.112%Bitget186.96+0.112%
OKX
Gate
BloFin
Binance
Ondo Perps
BitgetDeribit186.96+0.112%
Phemex186.96+0.112%Popdex186.97+0.118%Aster186.98+0.122%Bybit186.98+0.123%Orderly186.98+0.123%Variational Omni187.03+0.149%Phoenix187.03+0.150%Kraken Futures187.10+0.190%Nado187.18+0.231%SunX187.25+0.268%
Phemex
Popdex
Aster
Bybit
Orderly
Variational Omni
Phoenix
Kraken Futures
Nado
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 | −0.102% | 0.0000% | 1h | $110K | $523K | 10x | as long as short |
| edgeX SKHYUSDC | −0.066% | −0.0068% | 4h | $563K | $289K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.043% | +0.0050% | 1h | $180K | $898K | 10x | as long as short |
| Lighter RH SKHY | −0.032% | +0.0032% | 1h | $1.1M | $1.3M | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.027% | +0.0050% | 1h | $174.8M | $48.3M | 10x | as long as short |
| Vest SKHY-USD-PERP | −0.021% | +0.0046% | 1h | — | $10K | 10x | as long as short |
| HTX SKHY-USDT | −0.021% | 0.0000% | 8h | $153K | $386K | 50x | as long as short |
| Extended SKHY-USD | −0.019% | 0.0000% | 1h | $54K | $2K | 10x | as long as short |
| SoDEX SKHY-USD | −0.016% | +0.0050% | 1h | $41K | $11K | 10x | as long as short |
| Lighter SKHY | −0.011% | +0.0032% | 1h | $1.0M | $644K | 10x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SKHYUSDTM | −0.011% | +0.0041% | 8h | $1.1M | $301K | 20x | as long as short |
| Arcus SKHY-USD | −0.005% | +0.0040% | 1h | $53K | $125K | 10x | as long as short |
| QFEX SKHY-USDlong | 0.000% | −0.0004% | 1h | $1.2M | $4.6M | 10x | |
| OKX SKHY-USDT-SWAP | +0.005% | 0.0000% | 8h | $47.2M | $51.7M | 50x | as long as short |
| Gate SKHY_USDT | +0.005% | 0.0000% | 8h | $26.7M | $13.2M | 75x | as long as short |
| BloFin SKHY-USDT | +0.005% | +0.0120% | 8h | $2.3M | $294K | 50x | as long as short |
| Binance SKHYUSDT | +0.009% | 0.0000% | 8h | $220.7M | $290.0M | 50x | as long as short |
| Ondo Perps SKHY-USD.P | +0.011% | +0.0050% | 1h | $517K | $790K | 10x | as long as short |
| Bitget SKHYUSDT | +0.011% | 0.0000% | 8h | $24.2M | $19.8M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | +0.011% | 0.0000% | 1h | $40K | $134K | 10x | |
| Phemex SKHYUSDT | +0.011% | 0.0000% | 8h | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.016% | +0.0048% | 1h | $200K | $204K | 20x | as long as short |
| Aster SKHYUSDT | +0.020% | 0.0000% | 8h | $265K | $513K | 50x | as long as short |
| Bybit SKHYUSDT | +0.021% | 0.0000% | 8h | $15.8M | $21.2M | 100x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.021% | +0.0100% | 8h | $2K | $5K | 10x | as long as short |
| Variational Omni SKHY | +0.048% | 0.0000% | 8h | $1.4M | $2.9M | — | as long as short |
| Phoenix SKHY | +0.048% | +0.0256% | 1h | $211K | $91K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.088% | +0.0594% | 1h | $48K | $24K | 20x | as long as short |
| Nado SKHY-PERP | +0.129% | −0.0060% | 1h | $28K | $1K | 10x | as long as short |
| SunX SKHY-USDT | +0.166% | 0.0000% | 8h | $685 | $7.0M | 10x | as long as short |