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: BloFin against MEXC+0.180%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$960.957% 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)−0.484%−$48 · spread now +0.180%, 7d avg +0.040%
Together, before fees−0.695%−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.140% dearer against MEXC than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of +0.040%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.211% in total) that is about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SKR_USDT0.021630.0100pay 0.0050% / 4h3h 14m$4.5M$481K20x
ShortBloFin SKR-USDT0.02167−0.0140pay 0.0070% / 4h3h 14m$245K$170K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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: +0.180% → +0.040%
$14.01
Slippage, 4 orders
−$79.66
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$132.05
Costs to cover
0.957%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 7 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 MEXC live order book, 3 min ago2.31 bp8.3 bp −$851.3 bp −$513289.5 bp −$28.9Kdoesn't fit
Sell BloFin live order book, 7 min ago3.70 bp35.0 bp −$35doesn'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-USDTshort−0.0140%4h0.02167+0.180%$245K$170K20x
Lighter SKR+0.0096%1h0.02159−0.199%$9K$20K3xas long as short
Hyperliquid SKR+0.0100%1h0.02166+0.106%$1.4M$820K3xas long as short
Aster SKRUSDT+0.0100%4h0.02160−0.149%$30K$38K5xas long as short
Binance SKRUSDT+0.0100%4h0.02164+0.043%$3.7M$13.9M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02164+0.037%$4.6M$5.4M20xas long as short
MEXC SKR_USDTlong+0.0100%4h0.02163long leg$4.5M$481K20x
KuCoin SKRUSDTM+0.0100%4h0.02161−0.088%$663K$737K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02161−0.092%$1.5M$1.4M20xas long as short
BingX SKR-USDT+0.0100%4h0.02165+0.055%$2.4Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDT+0.0100%4h0.02158−0.263%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02171+0.333%$14K$34K20xas long as short
Gate SKR_USDT+0.0268%4h0.02163−0.005%$1.1M$580K20xas long as short
Backpack SKR_USDC_PERP+0.0725%1h0.02162−0.079%$52K$164K5xas long as short
Phoenix SKR+0.0747%1h0.02169+0.263%$4K$10K3xas long as short