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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKR_USDT | 0.02117 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $1.0M | $531K | 20x |
| Short | Backpack SKR_USDC_PERP | 0.02118 | 0.0100 | get 0.0013% / 1h | 13m 34s | $50K | $223K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 4 min ago | 10.17 bp | 104.1 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 10 min ago | 1.65 bp | 12.4 bp −$12 | 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 | 0.02118 | +0.047% | $239K | $153K | 20x | as long as short |
| Lighter SKR | +0.0096% | 1h | 0.02113 | −0.175% | $14K | $17K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02119 | +0.123% | $1.3M | $733K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02118 | +0.063% | $26K | $33K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02118 | +0.067% | $3.6M | $11.8M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02118 | +0.076% | $4.5M | $4.8M | 20x | as long as short |
| Gate SKR_USDTlong | +0.0100% | 4h | 0.02117 | long leg | $1.0M | $531K | 20x | |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02118 | +0.061% | $4.4M | $491K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02116 | −0.033% | $684K | $685K | 20x | as long as short |
| Bitget SKRUSDT | +0.0100% | 4h | 0.02120 | +0.175% | $1.5M | $1.1M | 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 | 0.02119 | +0.094% | — | $2.4M | — | as long as short |
| Backpack SKR_USDC_PERPshort | +0.0100% | 1h | 0.02118 | +0.047% | $50K | $223K | 5x | |
| SunX SKR-USDT | +0.0100% | 4h | 0.02113 | −0.151% | $2K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02118 | +0.057% | $14K | $37K | 20x | as long as short |
| Phoenix SKR | +0.1507% | 1h | 0.02120 | +0.156% | $4K | $10K | 3x | as long as short |
Gate SKR_USDT
Backpack SKR_USDC_PERP
BloFin SKR-USDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
MEXC SKR_USDT
KuCoin SKRUSDTM
Bitget SKRUSDT
BingX SKR-USDT
SunX SKR-USDT
HTX SKR-USDT
Phoenix SKR