Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h +0.030%
Price spread now: BloFin against Bitget−0.086%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 4 days (all we have)+0.175%+$17 · spread now −0.086%, 7d avg −0.062%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.024% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.062%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKLUSDT | 0.004631 | 0.0100 | pay 0.0050% / 4h | 27m 00s | $495K | $857K | 25x |
| Short | BloFin SKL-USDT | 0.004627 | 0.0054 | get 0.0027% / 4h | 27m 00s | $183K | $38K | 50x |
Bitget SKLUSDT
BloFin SKL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$9.72
- Price spread: −0.086% → −0.062%
- −$2.42
- Slippage, 4 orders
- −$80.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$116.37
- Costs to cover
- 1.042%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 64 min ago; BloFin: live order book, 3 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 Bitget live order book, 64 min ago | 5.35 bp | 27.9 bp −$28 | 123.0 bp −$1,230 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 4.31 bp | 22.1 bp −$22 | 69.7 bp −$697 | 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 | +0.0054% | 4h | 0.004627 | −0.086% | $183K | $38K | 50x | |
| Binance SKLUSDT | +0.0100% | 4h | 0.004633 | +0.043% | $2.8M | $8.7M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004636 | +0.108% | $898K | $992K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004630 | −0.022% | $193K | $231K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004635 | +0.086% | $395K | $194K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004633 | +0.043% | $828K | $351K | 30x | as long as short |
| Bitget SKLUSDTlong | +0.0100% | 4h | 0.004631 | long leg | $495K | $857K | 25x | |
| BingX SKL-USDT | +0.0100% | 4h | 0.004634 | +0.065% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004641 | +0.209% | $712 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.1987% | 1h | 0.004644 | +0.278% | $5K | $5K | 10x | as long as short |
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD