SKL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin+0.111%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$960.957% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.111%, 7d avg +0.053%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.057% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKL-USDT	0.004522	0.0069	pay 0.0034% / 4h	3h 57m	$167K	$23K	50x
Short	Binance SKLUSDT	0.004527	0.0100	get 0.0050% / 4h	3h 57m	$2.6M	$8.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.111%Rate

Funding earned: $6.54
Price spread: +0.111% → +0.053%: $5.73
Slippage, 4 orders: −$73.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$83.44
Costs to cover: 0.957%
Break-even: 96.3 days

Slippage from BloFin: live order book, 8 min ago; Binance: live order book, 12 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 BloFin live order book, 8 min ago	1.11 bp	20.4 bp −$20	56.6 bp −$566	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	2.21 bp	30.5 bp −$31	92.9 bp −$929	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-USDTlong	+0.0069%	4h	0.004522	long leg	$167K	$23K	50x
Binance SKLUSDTshort	+0.0100%	4h	0.004527	+0.111%	$2.6M	$8.1M	50x
Bybit SKLUSDT	+0.0100%	8h	0.004523	+0.022%	$837K	$944K	25x	as long as short
Gate SKL_USDT	+0.0100%	4h	0.004530	+0.177%	$159K	$228K	50x	as long as short
MEXC SKL_USDT	+0.0100%	4h	0.004526	+0.088%	$344K	$186K	20x	as long as short
KuCoin SKLUSDTM	+0.0100%	4h	0.004539	+0.376%	$775K	$280K	30x	as long as short
Bitget SKLUSDT	+0.0100%	4h	0.004526	+0.088%	$477K	$788K	25x	as long as short
BingX SKL-USDT	+0.0100%	4h	0.004531	+0.199%	—	$2.3M	—	as long as short
Variational Omni SKL	+0.0100%	8h	0.004515	−0.146%	$785	$1K	—	as long as short
Kraken Futures PF_SKLUSD	+0.5136%	1h	0.004551	+0.631%	$5K	$5K	10x	as long as short