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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BingX+0.019%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 7 days+0.021%+$2 · spread now +0.019%, 7d avg −0.010%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.029% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SKR-USDT0.021160.0070pay 0.0035% / 4h3h 32m$2.4M
ShortBinance SKRUSDT0.021160.0100get 0.0050% / 4h3h 32m$3.6M$12.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$6.3
Price spread: +0.019% → −0.010%
$2.93
Slippage, 4 orders
−$118.07
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$128.84
Costs to cover
1.381%
Break-even
150.2 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 8 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 BingX live order book, 2 min ago6.36 bp47.4 bp −$47197.5 bp −$1,975572.0 bp −$57.2K953.2 bp −$476.6K
Sell Binance live order book, 8 min ago1.18 bp26.5 bp −$26126.3 bp −$1,263doesn'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%4h0.02124+0.392%$237K$157K20xas long as short
BingX SKR-USDTlong+0.0070%4h0.02116long leg$2.4M
Lighter SKR+0.0096%1h0.02112−0.165%$9K$22K3xas long as short
Hyperliquid SKR+0.0100%1h0.02117+0.076%$1.3M$719K3xas long as short
Aster SKRUSDT+0.0100%4h0.02116+0.046%$26K$32K5xas long as short
Binance SKRUSDTshort+0.0100%4h0.02116+0.019%$3.6M$12.4M20x
Bybit SKRUSDT+0.0100%4h0.02116+0.043%$4.5M$5.0M20xas long as short
Gate SKR_USDT+0.0100%4h0.02117+0.080%$1.0M$529K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02116+0.014%$4.4M$464K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02117+0.061%$687K$689K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKRUSDT+0.0100%4h0.02116+0.033%$1.5M$1.2M20xas long as short
SunX SKR-USDT+0.0100%4h0.02112−0.175%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02117+0.076%$14K$36K20xas long as short
Backpack SKR_USDC_PERP+0.0531%1h0.021160.000%$53K$196K5xas long as short
Phoenix SKR+0.1502%1h0.02126+0.511%$4K$10K3xas long as short