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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Backpack against Gate+0.047%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2352.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.504%+$50 on $10k
Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.047%, 7d avg +0.059%
Together, before fees+0.548%+$55 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKR_USDT0.021170.0100pay 0.0050% / 4h2h 13m$1.0M$531K20x
ShortBackpack SKR_USDC_PERP0.021180.0100get 0.0013% / 1h13m 34s$50K$223K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack 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

Funding earned
$0
Price spread: +0.047% → +0.059%
−$1.19
Slippage, 4 orders
−$209.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$235.74
Costs to cover
2.346%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Backpack: live order book, 10 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 Gate live order book, 4 min ago10.17 bp104.1 bp −$104doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 10 min ago1.65 bp12.4 bp −$12doesn'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-USDT−0.0140%4h0.02118+0.047%$239K$153K20xas long as short
Lighter SKR+0.0096%1h0.02113−0.175%$14K$17K3xas long as short
Hyperliquid SKR+0.0100%1h0.02119+0.123%$1.3M$733K3xas long as short
Aster SKRUSDT+0.0100%4h0.02118+0.063%$26K$33K5xas long as short
Binance SKRUSDT+0.0100%4h0.02118+0.067%$3.6M$11.8M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02118+0.076%$4.5M$4.8M20xas long as short
Gate SKR_USDTlong+0.0100%4h0.02117long leg$1.0M$531K20x
MEXC SKR_USDT+0.0100%4h0.02118+0.061%$4.4M$491K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02116−0.033%$684K$685K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02120+0.175%$1.5M$1.1M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02119+0.094%$2.4Mas long as short
Backpack SKR_USDC_PERPshort+0.0100%1h0.02118+0.047%$50K$223K5x
SunX SKR-USDT+0.0100%4h0.02113−0.151%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02118+0.057%$14K$37K20xas long as short
Phoenix SKR+0.1507%1h0.02120+0.156%$4K$10K3xas long as short