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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.038%
Price spread now: BloFin against Bitget−0.202%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1491.487% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.206%−$21 on $10k
Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.202%, 7d avg +0.061%
Together, before fees−0.227%−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.263% cheaper against Bitget than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKRUSDT0.021290.0100pay 0.0050% / 4h3h 38m$1.5M$1.2M20x
ShortBloFin SKR-USDT0.02125−0.0140pay 0.0070% / 4h3h 38m$238K$157K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$50.4
Price spread: −0.202% → +0.061%
−$26.29
Slippage, 4 orders
−$124.66
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$225.35
Costs to cover
1.487%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago4.73 bp41.8 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 27 min ago5.88 bp37.8 bp −$38doesn't fitdoesn't fitdoesn't fit

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-USDTshort−0.0140%4h0.02125−0.202%$238K$157K20x
BingX SKR-USDT+0.0070%4h0.02127−0.103%$2.4Mas long as short
Lighter SKR+0.0096%1h0.02125−0.211%$9K$22K3xas long as short
Hyperliquid SKR+0.0100%1h0.02128−0.038%$1.3M$717K3xas long as short
Aster SKRUSDT+0.0100%4h0.02127−0.113%$27K$32K5xas long as short
Binance SKRUSDT+0.0100%4h0.02128−0.066%$3.6M$12.4M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02127−0.099%$4.6M$5.0M20xas long as short
MEXC SKR_USDT+0.0100%4h0.02127−0.099%$4.4M$463K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02129−0.005%$689K$687K20xas long as short
Bitget SKRUSDTlong+0.0100%4h0.02129long leg$1.5M$1.2M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDT+0.0100%4h0.02126−0.141%$1K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02107−1.052%$14K$36K20xas long as short
Gate SKR_USDT+0.0224%4h0.02128−0.061%$1.0M$528K20xas long as short
Backpack SKR_USDC_PERP+0.0601%1h0.02130+0.033%$53K$196K5xas long as short
Phoenix SKR+0.1502%1h0.02119−0.465%$4K$10K3xas long as short