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 0.000%
Price spread now: Bybit against Bitget−0.019%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1721.720% 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 7 days0.000%$0 · spread now −0.019%, 7d avg +0.028%
Together, before fees−0.035%−$3 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: Bybit is 0.047% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKRUSDT0.020800.0100pay 0.0050% / 4h2h 00m$1.5M$1.2M20x
ShortBybit SKRUSDT0.020790.0100get 0.0050% / 4h2h 00m$4.4M$5.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.019% → +0.028%
−$4.75
Slippage, 4 orders
−$149.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$176.79
Costs to cover
1.720%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago7.21 bp45.7 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.92 bp40.8 bp −$41133.7 bp −$1,337doesn't fitdoesn't fit

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%1h0.02076−0.154%$9K$21K3xas long as short
Hyperliquid SKR+0.0100%1h0.02080+0.043%$1.3M$786K3xas long as short
Aster SKRUSDT+0.0100%4h0.02081+0.050%$28K$34K5xas long as short
Binance SKRUSDT+0.0100%4h0.02080+0.003%$3.6M$13.1M20xas long as short
Bybit SKRUSDTshort+0.0100%4h0.02079−0.019%$4.4M$5.2M20x
Gate SKR_USDT+0.0100%4h0.02082+0.096%$1.0M$549K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02080+0.024%$4.3M$472K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02081+0.058%$655K$721K20xas long as short
Bitget SKRUSDTlong+0.0100%4h0.02080long leg$1.5M$1.2M20x
BingX SKR-USDT+0.0100%4h0.02079−0.029%$2.4Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDT+0.0100%4h0.02077−0.125%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02084+0.240%$14K$36K20xas long as short
Backpack SKR_USDC_PERP+0.0158%1h0.02080+0.019%$50K$200K5xas long as short
Phoenix SKR+0.0743%1h0.02091+0.567%$4K$10K3xas long as short