SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h −0.039%

Price spread now: BloFin against BingX−0.156%7-day average +0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$160as in the Funding arb table

Net, price: spread back to 7d avg − costs−$156as in the Price arb table

costs, in and out, $10k−$1391.394% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 4 days (all we have)−0.153%−$15 · spread now −0.156%, 7d avg +0.006%

Together, before fees−0.355%−$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.162% cheaper against BingX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.006%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SKR-USDT	0.02177	0.0070	pay 0.0035% / 4h	3h 31m	—	$2.4M	—
Short	BloFin SKR-USDT	0.02173	−0.0140	pay 0.0070% / 4h	3h 31m	$242K	$173K	20x

Funding 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 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 BingXbpFee BloFinbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$44.1
Price spread: −0.156% → +0.006%: −$16.25
Slippage, 4 orders: −$117.36
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$199.7
Costs to cover: 1.394%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 60 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, 3 min ago	5.54 bp	39.0 bp −$39	170.7 bp −$1,707	518.8 bp −$51.9K	989.9 bp −$494.9K
Sell BloFin live order book, 60 min ago	5.94 bp	39.4 bp −$39	doesn't fit	doesn't fit	doesn't fit

SKR on 15 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 SKR-USDTshort	−0.0140%	4h	0.02173	−0.156%	$242K	$173K	20x
BingX SKR-USDTlong	+0.0070%	4h	0.02177	long leg	—	$2.4M	—
Lighter SKR	+0.0096%	1h	0.02171	−0.276%	$9K	$20K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02177	0.000%	$1.4M	$816K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02174	−0.124%	$29K	$38K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02173	−0.180%	$3.7M	$13.8M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02174	−0.147%	$4.6M	$5.4M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02173	−0.165%	$4.5M	$479K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02175	−0.096%	$665K	$736K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02174	−0.133%	$1.6M	$1.4M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKR-USDT	+0.0100%	4h	0.02167	−0.464%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02180	+0.138%	$14K	$34K	20x	as long as short
Gate SKR_USDT	+0.0366%	4h	0.02175	−0.060%	$1.1M	$575K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0735%	1h	0.02175	−0.101%	$52K	$165K	5x	as long as short
Phoenix SKR	+0.0747%	1h	0.02181	+0.193%	$4K	$10K	3x	as long as short