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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: HTX against Backpack+0.014%7-day average · 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−0.504%−$50 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SKR_USDC_PERP0.021150.0100pay 0.0013% / 1h3m 47s$50K$212K5x
ShortHTX SKR-USDT0.021160.0100get 0.0050% / 4h1h 03m$14K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Backpack. 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: +0.014% → 0.000%
$1.42
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$20.58
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 14 min ago; HTX: no order-book sample. 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 Backpack live order book, 14 min ago1.90 bp15.0 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell HTX no order-book sample
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−0.0140%4h0.02119+0.161%$234K$154K20xas long as short
Lighter SKR+0.0096%1h0.02111−0.222%$14K$17K3xas long as short
Hyperliquid SKR+0.0100%1h0.02117+0.061%$1.3M$742K3xas long as short
Aster SKRUSDT+0.0100%4h0.02115−0.017%$26K$33K5xas long as short
Binance SKRUSDT+0.0100%4h0.02116+0.042%$3.5M$12.1M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02117+0.071%$4.5M$4.9M20xas long as short
Gate SKR_USDT+0.0100%4h0.02117+0.076%$1.0M$531K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02116+0.038%$4.4M$483K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02118+0.123%$681K$684K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02118+0.118%$1.5M$1.1M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02118+0.128%$2.4Mas long as short
Backpack SKR_USDC_PERPlong+0.0100%1h0.02115long leg$50K$212K5x
SunX SKR-USDT+0.0100%4h0.02112−0.156%$1K$2.3M20xas long as short
HTX SKR-USDTshort+0.0100%4h0.02116+0.014%$14K$36K20x
Phoenix SKR+0.0379%1h0.02119+0.151%$4K$10K3xas long as short