Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against BingX−0.064%81s7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1081.081% of the position
Funding, last 7 days−1.323%−$132 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.064%, 7d avg −0.083%
=The price spread sits at its 7-day average of −0.083%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 81 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 | BingX SKL-USDT | 0.004680 | 0.0100 | pay 0.0050% / 4h | 1h 13m | — | $2.3M | — |
| Short | BloFin SKL-USDT | 0.004677 | 0.0090 | get 0.0045% / 4h | 1h 13m | $187K | $44K | 50x |
BingX SKL-USDT
BloFin SKL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.02
- Price spread: −0.064% → −0.083%
- $1.85
- Slippage, 4 orders
- −$86.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$108.26
- Costs to cover
- 1.081%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 24 min ago.
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 BingX live order book, 10 min ago | 7.50 bp | 25.4 bp −$25 | 58.2 bp −$582 | 591.4 bp −$59.1K | doesn't fit |
| Sell BloFin live order book, 24 min ago | 2.14 bp | 34.2 bp −$34 | 73.7 bp −$737 | doesn't fit | doesn't fit |
SKL on 10 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 SKL-USDTshort | +0.0090% | 4h | 0.004677 | −0.064% | $187K | $44K | 50x | |
| Binance SKLUSDT | +0.0100% | 4h | 0.004678 | −0.043% | $2.8M | $8.9M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004678 | −0.043% | $914K | $1.0M | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004670 | −0.214% | $195K | $243K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004677 | −0.064% | $402K | $204K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004682 | +0.043% | $836K | $355K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004677 | −0.064% | $505K | $885K | 25x | as long as short |
| BingX SKL-USDTlong | +0.0100% | 4h | 0.004680 | long leg | — | $2.3M | — | |
| Variational Omni SKL | +0.0100% | 8h | 0.004674 | −0.126% | $718 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.1854% | 1h | 0.004685 | +0.114% | $5K | $5K | 10x | as long as short |
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
Variational Omni SKL
Kraken Futures PF_SKLUSD