Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against MEXC−0.086%7-day average −0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 7 days−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.086%, 7d avg −0.091%
=The price spread sits at its 7-day average of −0.091%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SKL_USDT | 0.004633 | 0.0100 | pay 0.0050% / 4h | 22m 45s | $395K | $194K | 20x |
| Short | BloFin SKL-USDT | 0.004629 | 0.0074 | get 0.0037% / 4h | 22m 45s | $183K | $38K | 50x |
MEXC SKL_USDT
BloFin SKL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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
- −$5.46
- Price spread: −0.086% → −0.091%
- $0.47
- Slippage, 4 orders
- −$61.59
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$82.58
- Costs to cover
- 0.776%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 18 min ago; BloFin: live order book, 7 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 MEXC live order book, 18 min ago | 1.08 bp | 16.1 bp −$16 | 67.5 bp −$675 | 222.2 bp −$22.2K | doesn't fit |
| Sell BloFin live order book, 7 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 | +0.0074% | 4h | 0.004629 | −0.086% | $183K | $38K | 50x | |
| Binance SKLUSDT | +0.0100% | 4h | 0.004630 | −0.065% | $2.8M | $8.7M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004622 | −0.237% | $895K | $989K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004630 | −0.065% | $193K | $231K | 50x | as long as short |
| MEXC SKL_USDTlong | +0.0100% | 4h | 0.004633 | long leg | $395K | $194K | 20x | |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004633 | 0.000% | $828K | $350K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004622 | −0.237% | $493K | $853K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004633 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004631 | −0.040% | $711 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.1990% | 1h | 0.004636 | +0.060% | $5K | $5K | 10x | as long as short |
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD