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

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.063%
Price spread now: KuCoin against BloFin−0.180%80s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3303.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.344%+$34 on $10k
Price spread, last 4 days (all we have)+0.541%+$54 · spread now −0.180%, 7d avg +0.030%
Together, before fees+0.884%+$88 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.210% cheaper against BloFin than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of +0.030%). If the spread goes back, that is −$21 on $10k: about 2.9 days of funding at the current rate (+$7 a day). The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02165−0.0140get 0.0070% / 4h3h 41m$239K$172K20x
ShortKuCoin SKRUSDTM0.021610.0100get 0.0050% / 4h3h 41m$662K$736K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$50.4
Price spread: −0.180% → +0.030%
−$20.97
Slippage, 4 orders
−$305.9
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$300.47
Costs to cover
3.299%
Break-even
48.7 days
Slippage from BloFin: live order book, 49 min ago; KuCoin: live order book, 33 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 BloFin live order book, 49 min ago5.94 bp27.9 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 33 min ago9.84 bp129.4 bp −$129doesn't fitdoesn'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-USDTlong−0.0140%4h0.02165long leg$239K$172K20x
Lighter SKR+0.0096%1h0.02156−0.411%$9K$20K3xas long as short
Hyperliquid SKR+0.0100%1h0.02161−0.199%$1.4M$818K3xas long as short
Aster SKRUSDT+0.0100%4h0.02161−0.173%$28K$37K5xas long as short
Binance SKRUSDT+0.0100%4h0.02160−0.245%$3.7M$13.7M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02159−0.273%$4.6M$5.4M20xas long as short
MEXC SKR_USDT+0.0100%4h0.02161−0.199%$4.5M$478K20xas long as short
KuCoin SKRUSDTMshort+0.0100%4h0.02161−0.180%$662K$736K20x
Bitget SKRUSDT+0.0100%4h0.02160−0.236%$1.6M$1.3M20xas long as short
BingX SKR-USDT+0.0100%4h0.02160−0.212%$2.4Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDT+0.0100%4h0.02157−0.370%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02159−0.259%$14K$34K20xas long as short
Gate SKR_USDT+0.0276%4h0.02162−0.129%$1.1M$573K20xas long as short
Backpack SKR_USDC_PERP+0.0744%1h0.02159−0.277%$52K$166K5xas long as short
Phoenix SKR+0.0747%1h0.02163−0.092%$4K$10K3xas long as short