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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against SunX+0.148%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1761.756% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)+0.341%+$34 · spread now +0.148%, 7d avg +0.158%
Together, before fees+0.307%+$31 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKR-USDT0.021570.0100pay 0.0050% / 4h3h 11m$2K$2.3M20x
ShortBybit SKRUSDT0.021600.0100get 0.0050% / 4h3h 11m$4.6M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: +0.148% → +0.158%
−$0.93
Slippage, 4 orders
−$156.57
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$176.51
Costs to cover
1.756%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Bybit: live order book, 1 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, 4 min ago26.88 bp44.6 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.47 bp43.8 bp −$44127.6 bp −$1,276doesn'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%4h0.02165+0.385%$244K$170K20xas long as short
Lighter SKR+0.0096%1h0.02158+0.028%$9K$20K3xas long as short
Hyperliquid SKR+0.0100%1h0.02162+0.255%$1.4M$821K3xas long as short
Aster SKRUSDT+0.0100%4h0.02161+0.170%$30K$38K5xas long as short
Binance SKRUSDT+0.0100%4h0.02159+0.109%$3.7M$13.9M20xas long as short
Bybit SKRUSDTshort+0.0100%4h0.02160+0.148%$4.6M$5.4M20x
MEXC SKR_USDT+0.0100%4h0.02160+0.144%$4.5M$481K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02162+0.241%$664K$737K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02161+0.213%$1.5M$1.4M20xas long as short
BingX SKR-USDT+0.0100%4h0.02163+0.274%$2.4Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDTlong+0.0100%4h0.02157long leg$2K$2.3M20x
HTX SKR-USDT+0.0100%4h0.02164+0.320%$14K$34K20xas long as short
Gate SKR_USDT+0.0246%4h0.02162+0.246%$1.0M$580K20xas long as short
Backpack SKR_USDC_PERP+0.0711%1h0.02160+0.144%$52K$164K5xas long as short
Phoenix SKR+0.0747%1h0.02169+0.566%$4K$10K3xas long as short