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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: BingX against Bitget−0.154%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1691.690% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days+0.114%+$11 · spread now −0.154%, 7d avg +0.037%
Together, before fees+0.107%+$11 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: BingX is 0.191% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKRUSDT0.020800.0100pay 0.0050% / 4h1h 57m$1.5M$1.2M20x
ShortBingX SKR-USDT0.020770.0100get 0.0050% / 4h1h 57m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: −0.154% → +0.037%
−$19.08
Slippage, 4 orders
−$147.03
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$188.1
Costs to cover
1.690%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 7 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 Bitget live order book, 5 min ago7.21 bp45.7 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 7 min ago5.99 bp37.5 bp −$38158.5 bp −$1,585577.5 bp −$57.8K888.2 bp −$444.1K

SKR on 14 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
Lighter SKR+0.0096%1h0.02072−0.413%$9K$21K3xas long as short
Hyperliquid SKR+0.0100%1h0.02076−0.221%$1.3M$786K3xas long as short
Aster SKRUSDT+0.0100%4h0.02075−0.242%$28K$34K5xas long as short
Binance SKRUSDT+0.0100%4h0.02076−0.189%$3.5M$13.1M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02080+0.010%$4.4M$5.2M20xas long as short
Gate SKR_USDT+0.0100%4h0.02074−0.317%$1.0M$545K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02075−0.260%$4.3M$469K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02073−0.346%$653K$719K20xas long as short
Bitget SKRUSDTlong+0.0100%4h0.02080long leg$1.5M$1.2M20x
BingX SKR-USDTshort+0.0100%4h0.02077−0.154%$2.4M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack SKR_USDC_PERP+0.0100%1h0.02075−0.260%$49K$200K5xas long as short
SunX SKR-USDT+0.0100%4h0.02072−0.413%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02061−0.937%$14K$36K20xas long as short
Phoenix SKR+0.0743%1h0.02086+0.293%$4K$10K3xas long as short