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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.031%
Price spread now: BloFin against SunX+0.288%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2092.088% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.201%−$20 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.288%, 7d avg +0.188%
Together, before fees−0.295%−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.100% dearer against SunX than usual: you sell high and buy low (spread +0.288% now, against its 7-day average of +0.188%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.201% in total) that is about 3.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKR-USDT0.020840.0100pay 0.0050% / 4h45m 03s$1K$2.3M20x
ShortBloFin SKR-USDT0.02090−0.0140pay 0.0070% / 4h45m 03s$230K$163K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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: +0.288% → +0.188%
$10
Slippage, 4 orders
−$188.78
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$249.18
Costs to cover
2.088%
Break-even
never at this rate
Slippage from SunX: live order book, 1 min ago; BloFin: live order book, 53 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 SunX live order book, 1 min ago31.84 bp85.0 bp −$85doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 53 min ago0.24 bp19.4 bp −$19doesn'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%4h0.02090+0.288%$230K$163K20x
Lighter SKR+0.0096%1h0.02083−0.034%$9K$20K3xas long as short
Hyperliquid SKR+0.0100%1h0.02088+0.192%$1.3M$808K3xas long as short
Aster SKRUSDT+0.0100%4h0.02088+0.201%$28K$35K5xas long as short
Binance SKRUSDT+0.0100%4h0.02088+0.201%$3.5M$13.3M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02088+0.182%$4.5M$5.3M20xas long as short
Gate SKR_USDT+0.0100%4h0.02090+0.283%$1.0M$554K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02088+0.178%$4.3M$474K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02090+0.293%$641K$723K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02090+0.254%$1.5M$1.3M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02088+0.178%$2.4Mas long as short
SunX SKR-USDTlong+0.0100%4h0.02084long leg$1K$2.3M20x
HTX SKR-USDT+0.0100%4h0.02090+0.283%$14K$35K20xas long as short
Backpack SKR_USDC_PERP+0.1122%1h0.02088+0.187%$50K$182K5xas long as short
Phoenix SKR+0.1165%1h0.02093+0.427%$4K$10K3xas long as short