Settings8H · net · $10k
Funding arb · Price arb /

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Hyperliquid against Aster−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SKRUSDT0.020690.0100pay 0.0050% / 4h1h 45m$28K$34K5x
ShortHyperliquid SKR0.020690.0100get 0.0013% / 1h45m 49s$1.3M$791K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: −0.009% → 0.000%
−$0.9
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.9
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Hyperliquid live order book, 5 min ago2.17 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKR-USDT−0.0140%4h0.02071+0.073%$161K20xas long as short
Lighter SKR+0.0096%1h0.02064−0.246%$9K$21K3xas long as short
Hyperliquid SKRshort+0.0100%1h0.02069−0.009%$1.3M$791K3x
Aster SKRUSDTlong+0.0100%4h0.02069long leg$28K$34K5x
Binance SKRUSDT+0.0100%4h0.02069−0.004%$3.5M$13.1M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02068−0.038%$4.4M$5.2M20xas long as short
Gate SKR_USDT+0.0100%4h0.02070+0.025%$1.0M$546K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02068−0.057%$4.3M$470K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02069+0.005%$649K$719K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02069+0.015%$1.5M$1.2M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02069−0.009%$2.4Mas long as short
Backpack SKR_USDC_PERP+0.0100%1h0.02067−0.072%$49K$200K5xas long as short
SunX SKR-USDT+0.0100%4h0.02065−0.183%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02069−0.019%$14K$36K20xas long as short
Phoenix SKR+0.1918%1h0.02076+0.334%$4K$10K3xas long as short