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 0.000%

Price spread now: HTX against MEXC+0.266%50s7-day average — · you sell dearer than you buy

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

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.266% dearer against MEXC than usual: you sell high and buy low, +$27 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC SKR_USDT	0.02068	0.0100	pay 0.0050% / 4h	1h 46m	$4.3M	$470K	20x
Short	HTX SKR-USDT	0.02074	0.0100	get 0.0050% / 4h	1h 46m	$14K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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 MEXCbpFee HTXbpOrdersPrice spread, now +0.266%Rate

Funding earned: $0
Price spread: +0.266% → 0.000%: $26.59
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee HTX: 6 bp × 2 orders: −$12
Net: $10.59
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: MEXC: 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 MEXC live order book, 1 min ago	0.24 bp	6.8 bp −$7	43.2 bp −$432	329.5 bp −$33.0K	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	0.02071	+0.097%	—	$161K	20x	as long as short
Lighter SKR	+0.0096%	1h	0.02064	−0.203%	$9K	$21K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02070	+0.048%	$1.3M	$791K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02071	+0.098%	$28K	$34K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02068	−0.005%	$3.5M	$13.1M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02069	+0.005%	$4.4M	$5.2M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02070	+0.068%	$1.0M	$546K	20x	as long as short
MEXC SKR_USDTlong	+0.0100%	4h	0.02068	long leg	$4.3M	$470K	20x
KuCoin SKRUSDTM	+0.0100%	4h	0.02070	+0.048%	$649K	$719K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02069	+0.039%	$1.5M	$1.2M	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	0.02069	+0.024%	—	$2.4M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02068	−0.015%	$49K	$200K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02065	−0.150%	$2K	$2.3M	20x	as long as short
HTX SKR-USDTshort	+0.0100%	4h	0.02074	+0.266%	$14K	$36K	20x
Phoenix SKR	+0.1918%	1h	0.02076	+0.358%	$4K	$10K	3x	as long as short