Funding arb · Price arb /

SKR

all SKR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: KuCoin against Aster−0.044%7-day average +0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$270as in the Price arb table

costs, in and out, $10k−$2562.558% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.133%+$13 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.044%, 7d avg +0.094%

Together, before fees+0.007%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.138% cheaper against Aster than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKRUSDT	0.02108	0.0100	pay 0.0050% / 4h	3h 50m	$26K	$118K	5x
Short	KuCoin SKRUSDTM	0.02107	0.0100	get 0.0050% / 4h	3h 50m	$767K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → +0.094%: −$13.76
Slippage, 4 orders: −$235.78
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$269.54
Costs to cover: 2.558%
Break-even: never at this rate

Slippage from Aster: live order book, 43 min ago; KuCoin: live order book, 5 min ago.

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 live order book, 43 min ago	5.95 bp	37.0 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	9.11 bp	90.6 bp −$91	doesn't fit	doesn't fit	doesn't fit

SKR on 15 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
BloFin SKR-USDT	−0.0140%	4h	0.02117	+0.416%	$242K	$166K	20x	as long as short
Lighter SKR	+0.0096%	1h	0.02109	+0.008%	$8K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02109	+0.037%	$1.3M	$1.4M	3x	as long as short
Aster SKRUSDTlong	+0.0100%	4h	0.02108	long leg	$26K	$118K	5x
Binance SKRUSDT	+0.0100%	4h	0.02108	+0.002%	$3.7M	$27.7M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02109	+0.046%	$4.7M	$10.7M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02108	−0.001%	$997K	$1.7M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02109	+0.027%	$5.0M	$809K	20x	as long as short
KuCoin SKRUSDTMshort	+0.0100%	4h	0.02107	−0.044%	$767K	$1.5M	20x
Bitget SKRUSDT	+0.0100%	4h	0.02109	+0.046%	$1.6M	$3.6M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SKR-USDT	+0.0100%	4h	0.02108	−0.006%	—	$2.8M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02118	+0.435%	$53K	$211K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02096	−0.613%	$1K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02093	−0.727%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.0380%	1h	0.02095	−0.651%	$4K	$10K	3x	as long as short