Funding arb · Price arb /

SKR

all SKR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against MEXC−0.009%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SKR_USDT	0.02128	0.0100	pay 0.0050% / 4h	16m 07s	$4.4M	$488K	20x
Short	HTX SKR-USDT	0.02128	0.0100	get 0.0050% / 4h	16m 07s	$14K	$35K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee MEXCbpFee HTXbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → 0.000%: −$0.94
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: −$16.94
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 1 min ago; HTX: no order-book sample. Net counts fees only.

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 MEXC live order book, 1 min ago	1.41 bp	8.0 bp −$8	55.0 bp −$550	366.0 bp −$36.6K	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.02133	+0.244%	$235K	$169K	20x	as long as short
BingX SKR-USDT	+0.0070%	4h	0.02128	−0.005%	—	$2.4M	—	as long as short
Lighter SKR	+0.0096%	1h	0.02124	−0.202%	$9K	$20K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02129	+0.014%	$1.4M	$815K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02132	+0.150%	$29K	$35K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02126	−0.088%	$3.6M	$13.5M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02130	+0.070%	$4.5M	$5.3M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02131	+0.117%	$1.0M	$567K	20x	as long as short
MEXC SKR_USDTlong	+0.0100%	4h	0.02128	long leg	$4.4M	$488K	20x
KuCoin SKRUSDTM	+0.0100%	4h	0.02131	+0.136%	$657K	$729K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKRUSDT	+0.0100%	4h	0.02130	+0.056%	$1.5M	$1.3M	20x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02123	−0.230%	$2K	$2.3M	20x	as long as short
HTX SKR-USDTshort	+0.0100%	4h	0.02128	−0.009%	$14K	$35K	20x
Phoenix SKR	+0.1165%	1h	0.02138	+0.470%	$4K	$10K	3x	as long as short
Backpack SKR_USDC_PERP	+0.1218%	1h	0.02128	−0.023%	$53K	$185K	5x	as long as short