Funding arb · Price arb /

SKR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Bitget−0.047%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$196as in the Price arb table

costs, in and out, $10k−$1911.912% of the position

Long on Bitget Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.047% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SKRUSDT	0.02145	0.0100	pay 0.0050% / 4h	2h 14m	$1.6M	$3.3M	20x
Short	Aster SKRUSDT	0.02144	0.0100	get 0.0050% / 4h	2h 14m	$26K	$115K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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 BitgetbpFee AsterbpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → 0.000%: −$4.66
Slippage, 4 orders: −$171.2
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$195.86
Costs to cover: 1.912%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Aster: live order book, 28 min ago.

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 Bitget live order book, 3 min ago	7.47 bp	46.1 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 28 min ago	6.31 bp	42.4 bp −$42	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	−0.0330%	4h	0.02143	−0.075%	$262K	$167K	20x	as long as short
Hyperliquid SKR	−0.0144%	1h	0.02147	+0.093%	$1.4M	$1.4M	3x	as long as short
Bybit SKRUSDT	−0.0090%	4h	0.02144	−0.070%	$4.9M	$9.9M	20x	as long as short
Backpack SKR_USDC_PERP	−0.0036%	1h	0.02147	+0.093%	$56K	$206K	5x	as long as short
Lighter SKR	+0.0096%	1h	0.02144	−0.028%	$8K	$30K	3x	as long as short
Aster SKRUSDTshort	+0.0100%	4h	0.02144	−0.047%	$26K	$115K	5x
Binance SKRUSDT	+0.0100%	4h	0.02144	−0.045%	$4.0M	$25.6M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02146	+0.033%	$1.0M	$1.6M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02144	−0.033%	$5.1M	$818K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02144	−0.047%	$697K	$1.4M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKRUSDTlong	+0.0100%	4h	0.02145	long leg	$1.6M	$3.3M	20x
BingX SKR-USDT	+0.0100%	4h	0.02142	−0.149%	—	$2.8M	—	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02144	−0.065%	$2K	$3.1M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02141	−0.182%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.0735%	1h	0.02149	+0.186%	$4K	$10K	3x	as long as short