Funding arb · Price arb /

SKR

all SKR markets

Swap Backtest

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: SunX against Binance+0.053%56s7-day average −0.150% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.457%−$46 · spread now +0.053%, 7d avg −0.150%

Together, before fees−0.457%−$46 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.204% dearer against Binance than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.150%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKRUSDT	0.02110	0.0100	pay 0.0050% / 4h	3h 51m	$3.6M	$12.4M	20x
Short	SunX SKR-USDT	0.02111	0.0100	get 0.0050% / 4h	3h 51m	$1K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee SunXbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → −0.150%: $20.36
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: $2.36
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Binance: live order book, 4 min ago; SunX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 4 min ago	0.94 bp	28.8 bp −$29	138.1 bp −$1,381	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	500.26 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

SKR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SKR-USDT	−0.0140%	4h	0.02115	+0.219%	$238K	$156K	20x	as long as short
Lighter SKR	+0.0096%	1h	0.02107	−0.160%	$9K	$22K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02112	+0.063%	$1.3M	$719K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02112	+0.065%	$26K	$32K	5x	as long as short
Binance SKRUSDTlong	+0.0100%	4h	0.02110	long leg	$3.6M	$12.4M	20x
Bybit SKRUSDT	+0.0100%	4h	0.02111	+0.025%	$4.5M	$5.0M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02110	−0.013%	$4.4M	$462K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02114	+0.153%	$684K	$687K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02112	+0.058%	$1.5M	$1.2M	20x	as long as short
BingX SKR-USDT	+0.0100%	4h	0.02112	+0.082%	—	$2.4M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKR-USDTshort	+0.0100%	4h	0.02111	+0.053%	$1K	$2.3M	20x
HTX SKR-USDT	+0.0100%	4h	0.02100	−0.496%	$14K	$36K	20x	as long as short
Gate SKR_USDT	+0.0202%	4h	0.02113	+0.139%	$1.0M	$525K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0704%	1h	0.02113	+0.105%	$52K	$203K	5x	as long as short
Phoenix SKR	+0.1502%	1h	0.02122	+0.556%	$4K	$10K	3x	as long as short