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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h 0.000%
Price spread now: Binance against Hyperliquid+0.024%7-day average +0.040% · you sell dearer than you buy
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+0.056%+$6 on $10k
Price spread, last 7 days+0.147%+$15 · spread now +0.024%, 7d avg +0.040%
Together, before fees+0.203%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SKR0.021110.0100pay 0.0013% / 1h6m 37s$1.3M$719K3x
ShortBinance SKRUSDT0.021110.0100get 0.0050% / 4h6m 37s$3.5M$11.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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: +0.024% → +0.040%
−$1.65
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$20.65
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Binance: live order book, 8 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 Hyperliquid live order book, 8 min ago1.42 bp23.6 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago2.36 bp28.4 bp −$28139.8 bp −$1,398doesn'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-USDT−0.0140%4h0.02111+0.033%$240K$148K20xas long as short
Lighter SKR+0.0096%1h0.02105−0.284%$14K$17K3xas long as short
Hyperliquid SKRlong+0.0100%1h0.02111long leg$1.3M$719K3x
Aster SKRUSDT+0.0100%4h0.02110−0.010%$27K$32K5xas long as short
Binance SKRUSDTshort+0.0100%4h0.02111+0.024%$3.5M$11.3M20x
Bybit SKRUSDT+0.0100%4h0.02110−0.028%$4.6M$4.7M20xas long as short
Gate SKR_USDT+0.0100%4h0.02110−0.047%$1.0M$522K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02110−0.024%$4.4M$476K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02111+0.033%$682K$686K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02112+0.047%$1.5M$1.1M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02110−0.028%$2.4Mas long as short
Backpack SKR_USDC_PERP+0.0100%1h0.02111+0.028%$50K$245K5xas long as short
SunX SKR-USDT+0.0100%4h0.02109−0.085%$1K$2.2M20xas long as short
HTX SKR-USDT+0.0100%4h0.02111+0.009%$14K$37K20xas long as short
Phoenix SKR+0.1157%1h0.02111+0.028%$4K$10K3xas long as short