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: Gate against Bybit−0.230%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$277as in the Funding arb table
Net, price: spread back to 7d avg − costs−$299as in the Price arb table
costs, in and out, $10k−$2802.803% 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 4 days (all we have)+0.205%+$20 · spread now −0.230%, 7d avg −0.039%
Together, before fees+0.239%+$24 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: Gate is 0.192% cheaper against Bybit than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKRUSDT0.020840.0100pay 0.0050% / 4h1h 52m$4.5M$5.2M20x
ShortGate SKR_USDT0.020790.0100get 0.0050% / 4h1h 52m$1.0M$546K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: −0.230% → −0.039%
−$19.18
Slippage, 4 orders
−$254.32
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$299.5
Costs to cover
2.803%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 4 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 Bybit live order book, 5 min ago1.20 bp42.4 bp −$42147.6 bp −$1,476doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago6.95 bp102.5 bp −$102doesn't fitdoesn'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%1h0.02076−0.365%$9K$21K3xas long as short
Hyperliquid SKR+0.0100%1h0.02081−0.134%$1.3M$791K3xas long as short
Aster SKRUSDT+0.0100%4h0.02076−0.360%$28K$34K5xas long as short
Binance SKRUSDT+0.0100%4h0.02083−0.048%$3.6M$13.1M20xas long as short
Bybit SKRUSDTlong+0.0100%4h0.02084long leg$4.5M$5.2M20x
Gate SKR_USDTshort+0.0100%4h0.02079−0.230%$1.0M$546K20x
MEXC SKR_USDT+0.0100%4h0.02080−0.168%$4.3M$469K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02076−0.374%$654K$718K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02084+0.024%$1.5M$1.2M20xas long as short
BingX SKR-USDT+0.0100%4h0.02082−0.115%$2.4Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack SKR_USDC_PERP+0.0100%1h0.02080−0.206%$50K$200K5xas long as short
SunX SKR-USDT+0.0100%4h0.02076−0.374%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02087+0.149%$14K$36K20xas long as short
Phoenix SKR+0.1918%1h0.02089+0.221%$4K$10K3xas long as short