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 +0.063%
Price spread now: KuCoin against BloFin+0.106%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$328as in the Funding arb table
Net, price: spread back to 7d avg − costs−$355as in the Price arb table
costs, in and out, $10k−$3623.622% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.344%+$34 on $10k
Price spread, last 4 days (all we have)+0.254%+$25 · spread now +0.106%, 7d avg +0.030%
Together, before fees+0.598%+$60 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 KuCoin is 0.077% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02166−0.0140get 0.0070% / 4h3h 03m$176K$169K20x
ShortKuCoin SKRUSDTM0.021680.0100get 0.0050% / 4h3h 03m$666K$738K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.106% → +0.030%
$7.67
Slippage, 4 orders
−$338.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$304.1
Costs to cover
3.622%
Break-even
49.2 days
Slippage from BloFin: live order book, 18 min ago; KuCoin: live order book, 6 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, 18 min ago3.70 bp43.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago7.87 bp152.6 bp −$153doesn'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
BloFin SKR-USDTlong−0.0140%4h0.02166long leg$176K$169K20x
Lighter SKR+0.0096%1h0.02162−0.208%$9K$20K3xas long as short
Hyperliquid SKR+0.0100%1h0.02167+0.014%$1.4M$812K3xas long as short
Aster SKRUSDT+0.0100%4h0.02165−0.074%$30K$38K5xas long as short
Binance SKRUSDT+0.0100%4h0.02165−0.037%$3.7M$13.9M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02167+0.014%$4.6M$5.4M20xas long as short
MEXC SKR_USDT+0.0100%4h0.02166−0.028%$4.5M$482K20xas long as short
KuCoin SKRUSDTMshort+0.0100%4h0.02168+0.106%$666K$738K20x
Bitget SKRUSDT+0.0100%4h0.02167+0.042%$1.6M$1.4M20xas long as short
BingX SKR-USDT+0.0100%4h0.02166−0.005%$2.4Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDT+0.0100%4h0.02162−0.212%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02161−0.222%$14K$34K20xas long as short
Gate SKR_USDT+0.0350%4h0.02168+0.074%$1.1M$582K20xas long as short
Backpack SKR_USDC_PERP+0.0690%1h0.02165−0.055%$51K$164K5xas long as short
Phoenix SKR+0.0747%1h0.02164−0.092%$4K$10K3xas long as short