Funding arb · Price arb /

SKR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Aster against Gate−0.047%7-day average — · 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−$313as in the Price arb table

costs, in and out, $10k−$3083.080% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 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 0.047% cheaper against Gate than usual: you would sell low and buy high, −$5 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	Gate SKR_USDT	0.02280	0.0100	pay 0.0050% / 4h	2h 40m	$1.1M	$1.5M	20x
Short	Aster SKRUSDT	0.02279	0.0100	get 0.0050% / 4h	2h 40m	$30K	$108K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → 0.000%: −$4.67
Slippage, 4 orders: −$285.01
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$312.67
Costs to cover: 3.080%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; Aster: live order book, 2 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 Gate live order book, 2 min ago	11.84 bp	110.2 bp −$110	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	6.31 bp	42.4 bp −$42	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	0.02293	+0.575%	$317K	$177K	20x	as long as short
Hyperliquid SKR	−0.0030%	1h	0.02287	+0.303%	$1.5M	$1.3M	3x	as long as short
Bybit SKRUSDT	+0.0064%	4h	0.02289	+0.382%	$5.3M	$8.8M	20x	as long as short
Lighter SKR	+0.0096%	1h	0.02282	+0.105%	$9K	$23K	3x	as long as short
Aster SKRUSDTshort	+0.0100%	4h	0.02279	−0.047%	$30K	$108K	5x
Binance SKRUSDT	+0.0100%	4h	0.02281	+0.026%	$4.4M	$23.0M	20x	as long as short
Gate SKR_USDTlong	+0.0100%	4h	0.02280	long leg	$1.1M	$1.5M	20x
MEXC SKR_USDT	+0.0100%	4h	0.02280	−0.004%	$5.3M	$748K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02286	+0.250%	$781K	$1.3M	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02278	−0.096%	$1.7M	$3.1M	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	0.02277	−0.123%	—	$2.7M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02286	+0.246%	$57K	$197K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02287	+0.298%	$2K	$2.8M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02298	+0.794%	$15K	$39K	20x	as long as short
Phoenix SKR	+0.0735%	1h	0.02247	−1.434%	$4K	$10K	3x	as long as short