data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

SKR

all SKR markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$125
spread now−0.033%7d average+0.016%fees + slippage, in and out−$120spread needed1.203%
Long on HyperliquidShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SKR0.021480.0100pay 0.0013% / 1h33m 21s$1.4M$620K3x
ShortBackpack SKR_USDC_PERP0.021470.0100get 0.0013% / 1h33m 21s$54K$233K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.26
Funding while held
$0
Slippage, 4 orders
−$101.29
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$123.55
Spread needed to break even
1.203%
Slippage from Hyperliquid: live order book, 9 min ago; Backpack: live order book, 62 min ago.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago1.86 bp30.5 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 62 min ago3.72 bp26.9 bp −$27doesn't fitdoesn't fitdoesn't fit

SKR price on every exchange

against the cheapest. Click to use as the short leg.
SunX0.02133cheapestPhoenix0.02134+0.033%BloFin0.02136+0.141%BingX0.02137+0.173%Bybit0.02138+0.230%HTX0.02139+0.267%Binance0.02139+0.285%Bitget0.02140+0.305%Aster0.02144+0.508%Gate0.02145+0.558%KuCoin0.02146+0.600%Lighter0.02147+0.647%MEXC0.02147+0.652%
Backpack0.02147+0.666%
Hyperliquid0.02148+0.699%

SKR on 15 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX SKR-USDT−0.694%+0.0100%4h$2K$2.1M20xas long as short
Phoenix SKR−0.661%+0.0767%1h$4K$8K3xas long as short
BloFin SKR-USDT−0.554%−0.0140%4h$255K$129K20xas long as short
BingX SKR-USDT−0.521%+0.0070%4h—$2.3M—as long as short
Bybit SKRUSDT−0.466%+0.0100%4h$4.7M$3.7M20xas long as short
HTX SKR-USDT−0.428%+0.0100%4h$16K$34K20xas long as short
Binance SKRUSDT−0.410%+0.0100%4h$3.6M$9.5M20xas long as short
Bitget SKRUSDT−0.391%+0.0100%4h$1.5M$956K20xas long as short
Aster SKRUSDT−0.189%+0.0100%4h$29K$28K5xas long as short
Gate SKR_USDT−0.140%+0.0100%4h$1.0M$456K20xas long as short
Show all 15 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin SKRUSDTM−0.098%+0.0100%4h$698K$625K20xas long as short
Lighter SKR−0.051%+0.0096%1h$15K$18K3xas long as short
MEXC SKR_USDT−0.047%+0.0100%4h$4.4M$400K20xas long as short
Backpack SKR_USDC_PERPshort−0.033%+0.0100%1h$54K$233K5x
Hyperliquid SKRlong0.000%+0.0100%1h$1.4M$620K3x