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 +0.045%
Price spread now: MEXC against BloFin+0.134%64s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.211%+$21 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now +0.134%, 7d avg −0.040%
Together, before fees+0.381%+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.174% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.040%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02161−0.0140get 0.0070% / 4h3h 06m$243K$170K20x
ShortMEXC SKR_USDT0.021640.0100get 0.0050% / 4h3h 06m$4.5M$482K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.134% → −0.040%
$17.44
Slippage, 4 orders
−$77.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$25.37
Costs to cover
0.932%
Break-even
10.5 days
Slippage from BloFin: live order book, 15 min ago; MEXC: live order book, 1 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, 15 min ago3.70 bp43.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.93 bp7.4 bp −$745.7 bp −$457216.7 bp −$21.7Kdoesn'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%4h0.02161long leg$243K$170K20x
Lighter SKR+0.0096%1h0.02160−0.042%$9K$20K3xas long as short
Hyperliquid SKR+0.0100%1h0.02165+0.199%$1.4M$812K3xas long as short
Aster SKRUSDT+0.0100%4h0.02161−0.009%$30K$38K5xas long as short
Binance SKRUSDT+0.0100%4h0.02164+0.136%$3.7M$13.9M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02164+0.143%$4.6M$5.4M20xas long as short
MEXC SKR_USDTshort+0.0100%4h0.02164+0.134%$4.5M$482K20x
KuCoin SKRUSDTM+0.0100%4h0.02160−0.023%$663K$738K20xas long as short
Bitget SKRUSDT+0.0100%4h0.02167+0.282%$1.6M$1.4M20xas long as short
BingX SKR-USDT+0.0100%4h0.02164+0.157%$2.4Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDT+0.0100%4h0.02157−0.180%$2K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02161+0.028%$14K$34K20xas long as short
Gate SKR_USDT+0.0322%4h0.02165+0.190%$1.0M$582K20xas long as short
Backpack SKR_USDC_PERP+0.0674%1h0.02163+0.106%$52K$164K5xas long as short
Phoenix SKR+0.0747%1h0.02160−0.042%$4K$10K3xas long as short