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 +0.006%

Price spread now: Aster against BingX+0.082%7-day average — · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$235as in the Price arb table

costs, in and out, $10k−$2432.430% of the position

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.082% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SKR-USDT	0.02146	0.0100	pay 0.0050% / 4h	2h 33m	—	$2.7M	—
Short	Aster SKRUSDT	0.02148	0.0100	get 0.0050% / 4h	2h 33m	$26K	$111K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → 0.000%: $8.2
Slippage, 4 orders: −$225
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$234.79
Costs to cover: 2.430%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Aster: live order book, 10 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 BingX live order book, 2 min ago	8.69 bp	72.0 bp −$72	365.9 bp −$3,659	685.7 bp −$68.6K	1059.0 bp −$529.5K
Sell Aster live order book, 10 min ago	6.31 bp	42.4 bp −$42	doesn't fit	doesn't fit	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	−0.0392%	4h	0.02172	+1.197%	$284K	$169K	20x	as long as short
Hyperliquid SKR	−0.0355%	1h	0.02147	+0.023%	$1.4M	$1.3M	3x	as long as short
Bybit SKRUSDT	−0.0289%	4h	0.02152	+0.256%	$4.9M	$9.4M	20x	as long as short
Backpack SKR_USDC_PERP	−0.0037%	1h	0.02153	+0.307%	$57K	$201K	5x	as long as short
Lighter SKR	+0.0096%	1h	0.02157	+0.475%	$8K	$23K	3x	as long as short
Aster SKRUSDTshort	+0.0100%	4h	0.02148	+0.082%	$26K	$111K	5x
Binance SKRUSDT	+0.0100%	4h	0.02152	+0.256%	$4.0M	$24.4M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02145	−0.051%	$1.0M	$1.5M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02162	+0.745%	$5.2M	$809K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02154	+0.363%	$713K	$1.3M	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	0.02144	−0.089%	$1.6M	$3.2M	20x	as long as short
BingX SKR-USDTlong	+0.0100%	4h	0.02146	long leg	—	$2.7M	—
SunX SKR-USDT	+0.0100%	4h	0.02159	+0.587%	$1K	$2.9M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02187	+1.878%	$14K	$39K	20x	as long as short
Phoenix SKR	+0.0735%	1h	0.02174	+1.291%	$4K	$10K	3x	as long as short