Funding arb · Price arb /

SKR

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Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: MEXC against Aster+0.063%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 MEXC

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: MEXC is 0.063% dearer against Aster than usual: you sell high and buy low, +$6 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	0.02089	0.0100	pay 0.0050% / 4h	1h 35m	$26K	$33K	5x
Short	MEXC SKR_USDT	0.02090	0.0100	get 0.0050% / 4h	1h 35m	$4.3M	$480K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → 0.000%: $6.28
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$5.72
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	1.44 bp	8.2 bp −$8	44.8 bp −$448	331.7 bp −$33.2K	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 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
Backpack SKR_USDC_PERP	−0.0160%	1h	0.02089	+0.020%	$50K	$212K	5x	as long as short
BloFin SKR-USDT	−0.0140%	4h	0.02088	−0.038%	$235K	$151K	20x	as long as short
Lighter SKR	+0.0096%	1h	0.02084	−0.205%	$14K	$17K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02091	+0.120%	$1.3M	$737K	3x	as long as short
Aster SKRUSDTlong	+0.0100%	4h	0.02089	long leg	$26K	$33K	5x
Binance SKRUSDT	+0.0100%	4h	0.02090	+0.044%	$3.5M	$11.9M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02089	+0.034%	$4.5M	$4.9M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02087	−0.057%	$1.0M	$529K	20x	as long as short
MEXC SKR_USDTshort	+0.0100%	4h	0.02090	+0.063%	$4.3M	$480K	20x
KuCoin SKRUSDTM	+0.0100%	4h	0.02087	−0.076%	$673K	$684K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKRUSDT	+0.0100%	4h	0.02091	+0.130%	$1.5M	$1.1M	20x	as long as short
BingX SKR-USDT	+0.0100%	4h	0.02091	+0.139%	—	$2.4M	—	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02086	−0.124%	$1K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02090	+0.044%	$14K	$37K	20x	as long as short
Phoenix SKR	+0.0379%	1h	0.02095	+0.302%	$4K	$10K	3x	as long as short