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: Bybit against SunX+0.161%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1671.674% 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)+0.911%+$91 · spread now +0.161%, 7d avg +0.159%
Together, before fees+0.876%+$88 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKR-USDT0.020470.0100pay 0.0050% / 4h1h 07m$1K$2.3M20x
ShortBybit SKRUSDT0.020500.0100get 0.0050% / 4h1h 07m$4.4M$5.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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: +0.161% → +0.159%
$0.24
Slippage, 4 orders
−$148.36
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$167.12
Costs to cover
1.674%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; Bybit: live order book, 1 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 SunX live order book, 9 min ago26.95 bp39.7 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.46 bp40.5 bp −$40130.8 bp −$1,308doesn'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%4h0.02055+0.391%$229K$159K20xas long as short
Lighter SKR+0.0096%1h0.02045−0.093%$9K$21K3xas long as short
Hyperliquid SKR+0.0100%1h0.02050+0.161%$1.3M$806K3xas long as short
Aster SKRUSDT+0.0100%4h0.02052+0.220%$27K$34K5xas long as short
Binance SKRUSDT+0.0100%4h0.02049+0.106%$3.4M$13.3M20xas long as short
Bybit SKRUSDTshort+0.0100%4h0.02050+0.161%$4.4M$5.3M20x
Gate SKR_USDT+0.0100%4h0.02052+0.234%$996K$558K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02049+0.103%$4.2M$473K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02050+0.137%$635K$724K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02050+0.122%$1.5M$1.3M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02050+0.161%$2.3Mas long as short
SunX SKR-USDTlong+0.0100%4h0.02047long leg$1K$2.3M20x
HTX SKR-USDT+0.0100%4h0.02060+0.645%$13K$36K20xas long as short
Backpack SKR_USDC_PERP+0.0184%1h0.02049+0.098%$49K$193K5xas long as short
Phoenix SKR+0.1918%1h0.02064+0.845%$4K$10K3xas long as short