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−$179
spread now−0.625%7d average+0.040%fees + slippage, in and out−$112spread needed1.121%
Long on HyperliquidShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SKR0.021760.0100pay 0.0013% / 1h18m 05s$1.4M$632K3x
ShortBloFin SKR-USDT0.02162−0.0231pay 0.0116% / 4h3h 18m$253K$132K20x

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
−$62.5
Funding while held
−$9.94
Slippage, 4 orders
−$91.06
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$184.51
Spread needed to break even
1.121%
Slippage from Hyperliquid: live order book, 4 min ago; BloFin: live order book, 20 min ago.

Cost of waiting

funding view
Funding /8h
−0.0331%
Per $10,000 a day
−$9.94
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, 4 min ago2.78 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 20 min ago3.52 bp43.0 bp −$43doesn't fitdoesn't fitdoesn't fit

SKR price on every exchange

against the cheapest. Click to use as the short leg.
Phoenix0.02162cheapest
BloFin0.02162+0.032%
HTX0.02163+0.060%Aster0.02171+0.434%SunX0.02172+0.495%Gate0.02174+0.564%KuCoin0.02174+0.569%Bitget0.02175+0.597%MEXC0.02175+0.620%Lighter0.02176+0.638%
Hyperliquid0.02176+0.662%
BingX0.02176+0.666%Bybit0.02177+0.699%Backpack0.02177+0.703%Binance0.02177+0.717%

SKR on 15 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phoenix SKR−0.657%+0.0767%1h$4K$8K3xas long as short
BloFin SKR-USDTshort−0.625%−0.0231%4h$253K$132K20x
HTX SKR-USDT−0.597%+0.0100%4h$16K$34K20xas long as short
Aster SKRUSDT−0.226%+0.0100%4h$29K$29K5xas long as short
SunX SKR-USDT−0.165%+0.0100%4h$1K$2.1M20xas long as short
Gate SKR_USDT−0.097%+0.0100%4h$1.1M$478K20xas long as short
KuCoin SKRUSDTM−0.092%+0.0100%4h$706K$657K20xas long as short
Bitget SKRUSDT−0.064%+0.0100%4h$1.6M$996K20xas long as short
MEXC SKR_USDT−0.041%+0.0100%4h$4.5M$410K20xas long as short
Lighter SKR−0.023%+0.0096%1h$15K$18K3xas long as short
Show all 15 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Hyperliquid SKRlong0.000%+0.0100%1h$1.4M$632K3x
BingX SKR-USDT+0.005%−0.0050%4h—$2.3M—as long as short
Bybit SKRUSDT+0.037%+0.0009%4h$4.8M$4.0M20xas long as short
Backpack SKR_USDC_PERP+0.041%+0.0100%1h$55K$234K5xas long as short
Binance SKRUSDT+0.055%+0.0100%4h$3.6M$9.9M20xas long as short