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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.051%
Price spread now: KuCoin against BloFin+0.090%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$582as in the Funding arb table
Net, price: spread back to 7d avg − costs−$610as in the Price arb table
costs, in and out, $10k−$6166.160% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.342%+$34 on $10k
Price spread, last 3 days (all we have)+0.271%+$27 · spread now +0.090%, 7d avg +0.032%
Together, before fees+0.612%+$61 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.058% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02114−0.0140get 0.0070% / 4h1h 07m$234K$154K20x
ShortKuCoin SKRUSDTM0.021160.0100get 0.0050% / 4h1h 07m$681K$684K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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: +0.090% → +0.032%
$5.83
Slippage, 4 orders
−$592.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$559.79
Costs to cover
6.160%
Break-even
84.7 days
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 66 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 BloFin live order book, 4 min ago0.95 bp30.8 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 66 min ago7.80 bp223.9 bp −$224doesn'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-USDTlong−0.0140%4h0.02114long leg$234K$154K20x
Lighter SKR+0.0096%1h0.02114−0.014%$14K$17K3xas long as short
Hyperliquid SKR+0.0100%1h0.02118+0.189%$1.3M$742K3xas long as short
Aster SKRUSDT+0.0100%4h0.02117+0.112%$26K$33K5xas long as short
Binance SKRUSDT+0.0100%4h0.02118+0.198%$3.5M$12.1M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02119+0.232%$4.5M$4.9M20xas long as short
Gate SKR_USDT+0.0100%4h0.02116+0.099%$1.0M$531K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02117+0.123%$4.4M$483K20xas long as short
KuCoin SKRUSDTMshort+0.0100%4h0.02116+0.090%$681K$684K20x
Bitget SKRUSDT+0.0100%4h0.02118+0.161%$1.5M$1.1M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02118+0.199%$2.4Mas long as short
Backpack SKR_USDC_PERP+0.0100%1h0.02117+0.118%$51K$212K5xas long as short
SunX SKR-USDT+0.0100%4h0.02111−0.151%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02114+0.009%$14K$36K20xas long as short
Phoenix SKR+0.0379%1h0.02119+0.208%$4K$10K3xas long as short