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 −0.025%
Price spread now: BloFin against MEXC−0.147%49s7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$950.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.208%−$21 on $10k
Price spread, last 3 days (all we have)−0.157%−$16 · spread now −0.147%, 7d avg +0.045%
Together, before fees−0.365%−$36 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 0.192% cheaper against MEXC than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.045%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SKR_USDT0.021090.0100pay 0.0050% / 4h1h 18m$4.4M$481K20x
ShortBloFin SKR-USDT0.02106−0.0140pay 0.0070% / 4h1h 18m$233K$153K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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: −0.147% → +0.045%
−$19.2
Slippage, 4 orders
−$78.74
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$164.34
Costs to cover
0.947%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 58 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 MEXC live order book, 4 min ago1.66 bp8.0 bp −$849.5 bp −$495212.1 bp −$21.2Kdoesn't fit
Sell BloFin live order book, 58 min ago3.07 bp34.4 bp −$34doesn'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%4h0.02106−0.147%$233K$153K20x
Lighter SKR+0.0096%1h0.02102−0.318%$14K$17K3xas long as short
Hyperliquid SKR+0.0100%1h0.02109+0.009%$1.3M$741K3xas long as short
Aster SKRUSDT+0.0100%4h0.02107−0.106%$26K$33K5xas long as short
Binance SKRUSDT+0.0100%4h0.02108−0.071%$3.5M$12.0M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02107−0.109%$4.5M$4.9M20xas long as short
Gate SKR_USDT+0.0100%4h0.02107−0.109%$1.0M$530K20xas long as short
MEXC SKR_USDTlong+0.0100%4h0.02109long leg$4.4M$481K20x
KuCoin SKRUSDTM+0.0100%4h0.02108−0.062%$679K$684K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02109−0.019%$1.5M$1.1M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.021090.000%$2.4Mas long as short
Backpack SKR_USDC_PERP+0.0100%1h0.02107−0.081%$50K$211K5xas long as short
SunX SKR-USDT+0.0100%4h0.02105−0.199%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02108−0.076%$14K$36K20xas long as short
Phoenix SKR+0.0379%1h0.02108−0.066%$4K$10K3xas long as short