Settings8H · net · $10k
Funding arb · Price arb /

SKR

all SKR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Hyperliquid against MEXC−0.005%7-day average −0.013% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 7 days−0.096%−$10 · spread now −0.005%, 7d avg −0.013%
Together, before fees−0.114%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SKR_USDT0.020970.0100pay 0.0050% / 4h2h 17m$5.0M$809K20x
ShortHyperliquid SKR0.020970.0100get 0.0013% / 1h17m 13s$1.3M$1.5M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: −0.005% → −0.013%
$0.8
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$12.2
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; Hyperliquid: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago1.67 bp8.0 bp −$843.6 bp −$436354.8 bp −$35.5Kdoesn't fit
Sell Hyperliquid live order book, 6 min ago0.71 bp5.2 bp −$5doesn't fitdoesn't fitdoesn't fit

SKR on 15 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKR-USDT−0.0140%4h0.02099+0.110%$232K$164K20xas long as short
Lighter SKR+0.0096%1h0.02097+0.010%$8K$26K3xas long as short
Hyperliquid SKRshort+0.0100%1h0.02097−0.005%$1.3M$1.5M3x
Aster SKRUSDT+0.0100%4h0.02097+0.005%$25K$122K5xas long as short
Binance SKRUSDT+0.0100%4h0.02097−0.011%$3.6M$28.3M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02097+0.014%$4.6M$10.9M20xas long as short
Gate SKR_USDT+0.0100%4h0.02097+0.024%$983K$1.7M20xas long as short
MEXC SKR_USDTlong+0.0100%4h0.02097long leg$5.0M$809K20x
KuCoin SKRUSDTM+0.0100%4h0.02097+0.014%$694K$1.6M20xas long as short
Bitget SKRUSDT+0.0100%4h0.02098+0.052%$1.6M$3.6M20xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02098+0.038%$2.8Mas long as short
Backpack SKR_USDC_PERP+0.0100%1h0.02097+0.019%$54K$201K5xas long as short
SunX SKR-USDT+0.0100%4h0.02094−0.143%$1K$3.2M20xas long as short
HTX SKR-USDT+0.0100%4h0.02096−0.048%$14K$40K20xas long as short
Phoenix SKR+0.0378%1h0.02101+0.196%$4K$10K3xas long as short