Funding you earn now, next payment 00:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h −0.235%
Price spread now: Bybit against BloFin+0.087%72s7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as 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−$1841.844% of the position
Funding, last 7 days+0.768%+$77 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.087%, 7d avg +0.112%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.025% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.112%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.768%, so the current rate has only just turned against you. The two prices were read 72 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 | BloFin SKL-USDT | 0.004588 | 0.0051 | pay 0.0025% / 4h | 2m 06s | $181K | $44K | 50x |
| Short | Bybit SKLUSDT | 0.004592 | −0.0088 | pay 0.0088% / 8h | 2m 06s | $883K | $1.1M | 25x |
BloFin SKL-USDT
Bybit SKLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$29.16
- Price spread: +0.087% → +0.112%
- −$2.48
- Slippage, 4 orders
- −$161.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$216.06
- Costs to cover
- 1.844%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Bybit: 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 BloFin live order book, 2 min ago | 3.27 bp | 31.6 bp −$32 | 65.7 bp −$657 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.09 bp | 61.5 bp −$62 | 282.2 bp −$2,822 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKLUSDTshort | −0.0088% | 8h | 0.004592 | +0.087% | $883K | $1.1M | 25x | |
| BloFin SKL-USDTlong | +0.0051% | 4h | 0.004588 | long leg | $181K | $44K | 50x | |
| Variational Omni SKL | +0.0058% | 8h | 0.004584 | −0.079% | $705 | $1K | — | as long as short |
| Bitget SKLUSDT | +0.0084% | 4h | 0.004586 | −0.044% | $498K | $1.0M | 25x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004586 | −0.044% | $2.8M | $9.6M | 50x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004590 | +0.044% | $208K | $246K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004586 | −0.044% | $386K | $212K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004586 | −0.044% | $836K | $369K | 30x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004588 | 0.000% | — | $2.3M | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.0356% | 1h | 0.004599 | +0.238% | $5K | $6K | 10x | as long as short |
Variational Omni SKL
Bitget SKLUSDT
Binance SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
Kraken Futures PF_SKLUSD