Funding arb · Price arb /

SKR

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Swap Backtest

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: MEXC against Aster−0.001%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$519as in the Price arb table

costs, in and out, $10k−$5175.165% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.001%, 7d avg +0.022%

Together, before fees−0.050%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.023% cheaper against Aster than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKRUSDT	0.02100	0.0100	pay 0.0050% / 4h	1h 27m	$25K	$117K	5x
Short	MEXC SKR_USDT	0.02100	0.0100	get 0.0050% / 4h	1h 27m	$5.0M	$828K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aster. 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 AsterbpFee MEXCbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → +0.022%: −$2.27
Slippage, 4 orders: −$504.53
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$518.79
Costs to cover: 5.165%
Break-even: never at this rate

Slippage from Aster: live order book, 11 min ago; MEXC: live order book, 5 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 Aster live order book, 11 min ago	6.69 bp	36.8 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	2.61 bp	9.0 bp −$9	50.3 bp −$503	266.3 bp −$26.6K	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	0.02110	+0.461%	$241K	$167K	20x	as long as short
Backpack SKR_USDC_PERP	−0.0016%	1h	0.02095	−0.253%	$54K	$208K	5x	as long as short
Lighter SKR	+0.0096%	1h	0.02100	−0.029%	$8K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02102	+0.071%	$1.4M	$1.4M	3x	as long as short
Aster SKRUSDTlong	+0.0100%	4h	0.02100	long leg	$25K	$117K	5x
Binance SKRUSDT	+0.0100%	4h	0.02102	+0.102%	$3.7M	$27.1M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02105	+0.204%	$4.7M	$10.4M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02101	+0.018%	$990K	$1.6M	20x	as long as short
MEXC SKR_USDTshort	+0.0100%	4h	0.02100	−0.001%	$5.0M	$828K	20x
KuCoin SKRUSDTM	+0.0100%	4h	0.02099	−0.053%	$639K	$1.4M	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	0.02104	+0.185%	$1.6M	$3.5M	20x	as long as short
BingX SKR-USDT	+0.0100%	4h	0.02105	+0.199%	—	$2.8M	—	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02104	+0.185%	$1K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02099	−0.053%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.0377%	1h	0.02103	+0.137%	$4K	$10K	3x	as long as short