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: Aster against Binance−0.177%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aster

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: Aster is 0.177% cheaper against Binance than usual: you would sell low and buy high, −$18 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	Binance SKRUSDT	0.02135	0.0100	pay 0.0050% / 4h	3h 18m	$3.6M	$12.5M	20x
Short	Aster SKRUSDT	0.02131	0.0100	get 0.0050% / 4h	3h 18m	$27K	$32K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.177%Rate

Funding earned: $0
Price spread: −0.177% → 0.000%: −$17.65
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$35.65
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; Aster: no order-book sample. 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 Binance live order book, 7 min ago	1.40 bp	28.4 bp −$28	157.3 bp −$1,573	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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
BloFin SKR-USDT	−0.0140%	4h	0.02132	−0.129%	$238K	$158K	20x	as long as short
BingX SKR-USDT	+0.0070%	4h	0.02134	−0.026%	—	$2.3M	—	as long as short
Lighter SKR	+0.0096%	1h	0.02131	−0.185%	$9K	$22K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02137	+0.115%	$1.4M	$716K	3x	as long as short
Aster SKRUSDTshort	+0.0100%	4h	0.02131	−0.177%	$27K	$32K	5x
Binance SKRUSDTlong	+0.0100%	4h	0.02135	long leg	$3.6M	$12.5M	20x
Bybit SKRUSDT	+0.0100%	4h	0.02134	−0.017%	$4.6M	$5.0M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02132	−0.148%	$1.0M	$531K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02133	−0.077%	$4.4M	$465K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02131	−0.180%	$688K	$690K	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	0.02133	−0.087%	$1.5M	$1.2M	20x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02126	−0.387%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02133	−0.101%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0581%	1h	0.02130	−0.223%	$53K	$195K	5x	as long as short
Phoenix SKR	+0.1502%	1h	0.02140	+0.236%	$4K	$10K	3x	as long as short