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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.045%
Price spread now: Bitget against BloFin+0.226%45s7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1561.560% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.211%+$21 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.226%, 7d avg −0.054%
Together, before fees+0.208%+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.280% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.054%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02079−0.0140get 0.0070% / 4h1h 46m$249K$164K20x
ShortBitget SKRUSDT0.020840.0100get 0.0050% / 4h1h 46m$1.6M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$50.4
Price spread: +0.226% → −0.054%
$28
Slippage, 4 orders
−$132.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$77.62
Costs to cover
1.560%
Break-even
17.8 days
Slippage from BloFin: live order book, 30 min ago; Bitget: live order book, 1 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 BloFin live order book, 30 min ago2.57 bp45.6 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago7.22 bp45.0 bp −$45doesn't fitdoesn't fitdoesn't fit

SKR on 15 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
Backpack SKR_USDC_PERP−0.0301%1h0.02080+0.048%$55K$208K5xas long as short
BloFin SKR-USDTlong−0.0140%4h0.02079long leg$249K$164K20x
Lighter SKR+0.0096%1h0.02080+0.053%$8K$26K3xas long as short
Hyperliquid SKR+0.0100%1h0.02083+0.212%$1.3M$1.4M3xas long as short
Aster SKRUSDT+0.0100%4h0.02083+0.189%$25K$117K5xas long as short
Binance SKRUSDT+0.0100%4h0.02082+0.144%$3.7M$26.6M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02083+0.216%$4.8M$10.2M20xas long as short
Gate SKR_USDT+0.0100%4h0.02083+0.216%$985K$1.6M20xas long as short
MEXC SKR_USDT+0.0100%4h0.02081+0.115%$5.0M$825K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02082+0.168%$635K$1.4M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKRUSDTshort+0.0100%4h0.02084+0.226%$1.6M$3.4M20x
BingX SKR-USDT+0.0100%4h0.02083+0.212%$2.8Mas long as short
SunX SKR-USDT+0.0100%4h0.02078−0.034%$2K$3.2M20xas long as short
HTX SKR-USDT+0.0100%4h0.02070−0.452%$14K$40K20xas long as short
Phoenix SKR+0.0377%1h0.02066−0.635%$4K$10K3xas long as short