Funding arb · Price arb /

SKR

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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 −0.024%

Price spread now: Aster against KuCoin+0.148%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.148% dearer against KuCoin than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SKRUSDTM	0.02090	0.0100	pay 0.0050% / 4h	2h 15m	$663K	$721K	20x
Short	Aster SKRUSDT	0.02094	0.0100	get 0.0050% / 4h	2h 15m	$28K	$34K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.148%Rate

Funding earned: $0
Price spread: +0.148% → 0.000%: $14.84
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$5.16
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 23 min ago; Aster: 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 KuCoin live order book, 23 min ago	6.88 bp	162.0 bp −$162	doesn't fit	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 14 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
Lighter SKR	+0.0096%	1h	0.02092	+0.057%	$9K	$21K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02096	+0.263%	$1.3M	$791K	3x	as long as short
Aster SKRUSDTshort	+0.0100%	4h	0.02094	+0.148%	$28K	$34K	5x
Binance SKRUSDT	+0.0100%	4h	0.02093	+0.140%	$3.6M	$13.1M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02094	+0.167%	$4.5M	$5.2M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02094	+0.177%	$1.0M	$547K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02095	+0.234%	$4.3M	$471K	20x	as long as short
KuCoin SKRUSDTMlong	+0.0100%	4h	0.02090	long leg	$663K	$721K	20x
Bitget SKRUSDT	+0.0100%	4h	0.02096	+0.273%	$1.5M	$1.2M	20x	as long as short
BingX SKR-USDT	+0.0100%	4h	0.02095	+0.225%	—	$2.4M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKR-USDT	+0.0100%	4h	0.02095	+0.201%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02094	+0.158%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0196%	1h	0.02097	+0.325%	$53K	$202K	5x	as long as short
Phoenix SKR	+0.0743%	1h	0.02087	−0.177%	$4K	$10K	3x	as long as short