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: HTX against BingX−0.028%7-day average — · you buy dearer than you sell

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

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.028% cheaper against BingX than usual: you would sell low and buy high, −$3 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	0.02162	0.0100	pay 0.0050% / 4h	3h 06m	—	$2.4M	—
Short	HTX SKR-USDT	0.02161	0.0100	get 0.0050% / 4h	3h 06m	$14K	$34K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $0
Price spread: −0.028% → 0.000%: −$2.78
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$24.78
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 11 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 BingX live order book, 11 min ago	6.24 bp	41.0 bp −$41	171.9 bp −$1,719	677.0 bp −$67.7K	1067.3 bp −$533.6K
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	0.02161	−0.056%	$243K	$170K	20x	as long as short
Lighter SKR	+0.0096%	1h	0.02157	−0.241%	$9K	$20K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02162	+0.014%	$1.4M	$812K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02158	−0.206%	$30K	$38K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02163	+0.043%	$3.7M	$13.9M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02162	+0.005%	$4.6M	$5.4M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02162	−0.014%	$4.5M	$482K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02160	−0.079%	$663K	$738K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02162	+0.023%	$1.6M	$1.4M	20x	as long as short
BingX SKR-USDTlong	+0.0100%	4h	0.02162	long leg	—	$2.4M	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKR-USDT	+0.0100%	4h	0.02158	−0.199%	$1K	$2.3M	20x	as long as short
HTX SKR-USDTshort	+0.0100%	4h	0.02161	−0.028%	$14K	$34K	20x
Gate SKR_USDT	+0.0304%	4h	0.02161	−0.028%	$1.0M	$582K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0671%	1h	0.02161	−0.065%	$52K	$165K	5x	as long as short
Phoenix SKR	+0.0747%	1h	0.02160	−0.097%	$4K	$10K	3x	as long as short