Funding arb · Price arb /

SKR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Aster+0.094%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.094% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKRUSDT	0.02086	0.0100	pay 0.0050% / 4h	2h 07m	$28K	$34K	5x
Short	Binance SKRUSDT	0.02088	0.0100	get 0.0050% / 4h	2h 07m	$3.6M	$13.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BinancebpOrdersPrice spread, now +0.094%Rate

Funding earned: $0
Price spread: +0.094% → 0.000%: $9.42
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$8.58
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Binance live order book, 3 min ago	1.68 bp	31.3 bp −$31	122.7 bp −$1,227	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SKR on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SKR	+0.0096%	1h	0.02083	−0.145%	$9K	$21K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02089	+0.104%	$1.3M	$785K	3x	as long as short
Aster SKRUSDTlong	+0.0100%	4h	0.02086	long leg	$28K	$34K	5x
Binance SKRUSDTshort	+0.0100%	4h	0.02088	+0.094%	$3.6M	$13.1M	20x
Bybit SKRUSDT	+0.0100%	4h	0.02089	+0.133%	$4.5M	$5.2M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02089	+0.133%	$1.0M	$548K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02089	+0.142%	$4.3M	$471K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02087	+0.046%	$661K	$721K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02086	+0.003%	$1.5M	$1.2M	20x	as long as short
BingX SKR-USDT	+0.0100%	4h	0.02089	+0.137%	—	$2.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKR-USDT	+0.0100%	4h	0.02085	−0.054%	$1K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02086	−0.006%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0174%	1h	0.02088	+0.094%	$53K	$201K	5x	as long as short
Phoenix SKR	+0.0743%	1h	0.02088	+0.094%	$4K	$10K	3x	as long as short