SKR

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.333%

7d average—if it closes, per $10,000$33funding while held, a day+$0.12

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SKR	0.02043	0.0096	pay 0.0012% / 1h	18m 39s	$14K	$18K	3x
Short	Aster SKRUSDT	0.02050	0.0100	get 0.0050% / 4h	2h 18m	$26K	$32K	5x

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 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee LighterbpFee AsterbpOrdersClose when spread is

Spread captured: $33.31
Funding while held: $0.12
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: $25.43
Spread needed to break even: 0.080%

Slippage unknown: Lighter: no order-book sample; Aster: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0004%
Per $10,000 a day: +$0.12
Average in range /8h: —

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 Lighter no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Lighter and 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 price on every exchange

against the cheapest. Click to use as the short leg.

SunX0.02041cheapest

Lighter0.02043+0.108%

Backpack0.02044+0.162%KuCoin0.02046+0.225%Gate0.02048+0.318%Hyperliquid0.02048+0.348%MEXC0.02048+0.353%Binance0.02049+0.382%

Aster0.02050+0.441%

Bybit0.02051+0.465%Bitget0.02052+0.514%BingX0.02052+0.554%HTX0.02054+0.608%BloFin0.02057+0.769%Phoenix0.02065+1.156%

SKR on 15 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SunX SKR-USDT	−0.108%	+0.0100%	4h	$1K	$2.2M	20x	as long as short
Lighter SKRlong	0.000%	+0.0096%	1h	$14K	$18K	3x
Backpack SKR_USDC_PERP	+0.054%	+0.0018%	1h	$51K	$238K	5x	as long as short
KuCoin SKRUSDTM	+0.117%	+0.0100%	4h	$668K	$671K	20x	as long as short
Gate SKR_USDT	+0.210%	+0.0100%	4h	$996K	$505K	20x	as long as short
Hyperliquid SKR	+0.240%	+0.0100%	1h	$1.3M	$681K	3x	as long as short
MEXC SKR_USDT	+0.245%	+0.0100%	4h	$4.3M	$449K	20x	as long as short
Binance SKRUSDT	+0.274%	+0.0100%	4h	$3.4M	$10.7M	20x	as long as short
Aster SKRUSDTshort	+0.333%	+0.0100%	4h	$26K	$32K	5x
Bybit SKRUSDT	+0.357%	+0.0100%	4h	$4.5M	$4.4M	20x	as long as short

Show all 15 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget SKRUSDT	+0.406%	+0.0100%	4h	$1.5M	$1.0M	20x	as long as short
BingX SKR-USDT	+0.445%	+0.0070%	4h	—	$2.4M	—	as long as short
HTX SKR-USDT	+0.499%	+0.0100%	4h	$15K	$34K	20x	as long as short
BloFin SKR-USDT	+0.661%	+0.0107%	4h	$241K	$131K	20x	as long as short
Phoenix SKR	+1.047%	+0.0759%	1h	$4K	$9K	3x	as long as short