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: SunX against BloFin−0.024%55s7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1921.916% 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)−0.077%−$8 · spread now −0.024%, 7d avg −0.181%
Together, before fees+0.134%+$13 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 SunX is 0.157% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.181%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02094−0.0140get 0.0070% / 4h56m 05s$243K$164K20x
ShortSunX SKR-USDT0.020940.0100get 0.0050% / 4h56m 05s$2K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.024% → −0.181%
$15.71
Slippage, 4 orders
−$171.65
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$125.54
Costs to cover
1.916%
Break-even
24.4 days
Slippage from BloFin: live order book, 15 min ago; SunX: live order book, 12 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 ago2.36 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 12 min ago30.39 bp53.9 bp −$54doesn'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
Backpack SKR_USDC_PERP−0.0267%1h0.02097+0.119%$52K$213K5xas long as short
BloFin SKR-USDTlong−0.0140%4h0.02094long leg$243K$164K20x
Hyperliquid SKR+0.0068%1h0.02096+0.076%$1.4M$1.4M3xas long as short
Lighter SKR+0.0096%1h0.02095+0.048%$8K$26K3xas long as short
Aster SKRUSDT+0.0100%4h0.02094−0.001%$25K$118K5xas long as short
Binance SKRUSDT+0.0100%4h0.02095+0.043%$3.7M$27.4M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02098+0.172%$4.7M$10.6M20xas long as short
Gate SKR_USDT+0.0100%4h0.02098+0.181%$993K$1.7M20xas long as short
MEXC SKR_USDT+0.0100%4h0.02096+0.062%$5.0M$830K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02096+0.067%$732K$1.5M20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKRUSDT+0.0100%4h0.02098+0.191%$1.6M$3.5M20xas long as short
BingX SKR-USDT+0.0100%4h0.02095+0.048%$2.8Mas long as short
SunX SKR-USDTshort+0.0100%4h0.02094−0.024%$2K$3.2M20x
HTX SKR-USDT+0.0100%4h0.02093−0.072%$14K$40K20xas long as short
Phoenix SKR+0.0377%1h0.02098+0.196%$4K$10K3xas long as short