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−0.0471%/8h= −51.6% APRnext payment $2.35 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against HTX−0.741%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bybit is 0.741% cheaper against HTX than usual: you would sell low and buy high (−$74 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SKR-USDT0.021310.0100pay 0.0050% / 4h2h 29m$14K$39K20x
ShortBybit SKRUSDT0.02116−0.0371pay 0.0185% / 4h2h 29m$4.8M$9.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
−$98.88
Price spread: −0.741% → 0.000%
−$74.13
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$196.01
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Bybit live order book, 4 min ago3.72 bp57.9 bp −$58312.6 bp −$3,126doesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDT−0.0548%4h0.02120−0.521%$271K$165K20xas long as short
Bybit SKRUSDTshort−0.0371%4h0.02116−0.741%$4.8M$9.7M20x
Hyperliquid SKR−0.0370%1h0.02121−0.465%$1.4M$1.3M3xas long as short
Backpack SKR_USDC_PERP−0.0280%1h0.02113−0.873%$54K$204K5xas long as short
Lighter SKR+0.0096%1h0.02114−0.830%$8K$23K3xas long as short
Aster SKRUSDT+0.0100%4h0.02119−0.575%$26K$113K5xas long as short
Binance SKRUSDT+0.0100%4h0.02116−0.722%$3.9M$24.9M20xas long as short
Gate SKR_USDT+0.0100%4h0.02124−0.333%$1.0M$1.6M20xas long as short
MEXC SKR_USDT+0.0100%4h0.02115−0.769%$5.1M$813K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02114−0.802%$692K$1.4M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKRUSDT+0.0100%4h0.02115−0.788%$1.6M$3.3M20xas long as short
BingX SKR-USDT+0.0100%4h0.02114−0.830%$2.7Mas long as short
SunX SKR-USDT+0.0100%4h0.02112−0.887%$2K$3.0M20xas long as short
HTX SKR-USDTlong+0.0100%4h0.02131long leg$14K$39K20x
Phoenix SKR+0.0735%1h0.02174+2.008%$4K$10K3xas long as short