Funding arb · Price arb /

SKR

all SKR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Bybit−0.010%53s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

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

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKRUSDT	0.02051	0.0100	pay 0.0050% / 4h	1h 02m	$4.4M	$5.3M	20x
Short	HTX SKR-USDT	0.02051	0.0100	get 0.0050% / 4h	1h 02m	$13K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → 0.000%: −$0.97
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$23.97
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 min ago; HTX: no order-book sample. Net counts fees only.

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 Bybit live order book, 1 min ago	2.19 bp	42.5 bp −$42	148.9 bp −$1,489	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0140%	4h	0.02053	+0.068%	$230K	$159K	20x	as long as short
Lighter SKR	+0.0096%	1h	0.02047	−0.214%	$9K	$21K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02051	−0.019%	$1.3M	$807K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02053	+0.077%	$27K	$34K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02051	−0.013%	$3.4M	$13.3M	20x	as long as short
Bybit SKRUSDTlong	+0.0100%	4h	0.02051	long leg	$4.4M	$5.3M	20x
Gate SKR_USDT	+0.0100%	4h	0.02052	+0.029%	$996K	$558K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02051	0.000%	$4.2M	$474K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02051	−0.019%	$634K	$723K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02051	−0.029%	$1.5M	$1.3M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SKR-USDT	+0.0100%	4h	0.02052	+0.010%	—	$2.3M	—	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02047	−0.224%	$1K	$2.3M	20x	as long as short
HTX SKR-USDTshort	+0.0100%	4h	0.02051	−0.010%	$13K	$36K	20x
Backpack SKR_USDC_PERP	+0.0165%	1h	0.02050	−0.044%	$49K	$183K	5x	as long as short
Phoenix SKR	+0.1918%	1h	0.02055	+0.195%	$4K	$10K	3x	as long as short