# SKR funding rates and arbitrage

Updated 2026-10-29 21:34 UTC · https://afterfees.xyz/coin/SKR

## Best SKR arbitrage after every cost

No SKR pair nets a profit at this size right now.

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry._

## SKR funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Backpack](https://afterfees.xyz/venues/backpack) | SKR_USDC_PERP | 0.0111% | 1 h | +97.4% | +48.1% | $161.2K | 2026-10-29 22:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | SKRUSD-PERP | 0.0104% | 1 h | +90.8% | +42.4% | $1.9K | 2026-10-29 22:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | SKRUSDTM | 0.0050% | 4 h | +10.9% | +6.5% | $391.2K | 2026-10-30 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | SKRUSDT | 0.0050% | 4 h | +10.9% | +11.1% | — | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | SKR_USDT | 0.0050% | 4 h | +10.9% | +11.1% | $6.4M | 2026-10-30 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | SKRUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $884.4K | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | SKRUSDT | 0.0050% | 4 h | +10.9% | — | — | 2026-10-30 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | SKR-USDT | 0.0050% | 4 h | +10.9% | +11.1% | $417.6K | 2026-10-30 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | SKRUSDT | 0.0050% | 4 h | +10.9% | +10.8% | $7.5K | 2026-10-30 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | SKRUSDT | 0.0050% | 4 h | +10.9% | +11.1% | $2M | 2026-10-30 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | SKR_USDT | 0.0050% | 4 h | +10.9% | +7.4% | $179.9K | 2026-10-30 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | SKR | 0.0013% | 1 h | +10.9% | +11.0% | $318.3K | 2026-10-29 22:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | SKR | 0.0012% | 1 h | +10.5% | +10.7% | $6.3K | 2026-10-29 22:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | SKR-USDT | 0.0015% | 4 h | +3.3% | +6.4% | $109.1K | 2026-10-30 00:00 |
| [Nado](https://afterfees.xyz/venues/nado) | SKR-PERP_USDT0 | 0.0000% | 1 h | 0.0% | — | $0 | 2026-10-29 22:00 |
| [Phoenix](https://afterfees.xyz/venues/phoenix) | SKR | 0.0000% | 1 h | 0.0% | +19.9% | — | 2026-10-29 22:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | SKRUSDT | -0.0028% | 4 h | −6.2% | +5.9% | $2.6M | 2026-10-30 00:00 |

## Borrow SKR to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.01% | — |
| Bybit | 5.20% | — |
| Gate | 10.43% | $30K |

## Cost to enter $10,000 of SKR

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | SKR_USDT | 4.2 bp | top of book only |
| Binance | SKRUSDT | 5.7 bp | top of book only |
| BingX | SKR-USDT | 9.4 bp | top of book only |
| Aster | SKRUSDT | 10.2 bp | top of book only |
| BloFin | SKR-USDT | 10.7 bp | top of book only |
| Gate | SKR_USDT | 10.8 bp | top of book only |
| Bybit | SKRUSDT | 11.7 bp | top of book only |
| Hyperliquid | SKR | 12.5 bp | top of book only |
| Bitget | SKRUSDT | 12.5 bp | top of book only |
| Bybit | SKRUSDT (spot) | 16.5 bp | top of book only |
| Lighter | SKR | 17.1 bp | top of book only |
| KuCoin | SKRUSDTM | 18.0 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees._

## More on SKR

- [Borrow SKR: rates on every exchange](https://afterfees.xyz/borrow/SKR)

## Questions

**Is SKR funding-rate arbitrage profitable right now?**

Not at $10,000 per side for 7 days: no SKR pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.

**Which exchange has the highest SKR funding rate?**

Backpack at +97.4% a year (0.0111% every 1 h); the lowest is Bybit at −6.2%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._