SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%

Price spread now: Gate against BingX+0.142%7-day average −0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$227as in the Funding arb table

Net, price: spread back to 7d avg − costs−$208as in the Price arb table

costs, in and out, $10k−$2282.280% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.142%, 7d avg −0.062%

Together, before fees−0.196%−$20 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 Gate is 0.204% dearer against BingX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX SKR-USDT	0.02115	0.0070	pay 0.0035% / 4h	3h 41m	—	$2.4M	—
Short	Gate SKR_USDT	0.02117	0.0100	get 0.0050% / 4h	3h 41m	$1.0M	$527K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.142%Rate

Funding earned: $6.3
Price spread: +0.142% → −0.062%: $20.37
Slippage, 4 orders: −$203.03
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$201.36
Costs to cover: 2.280%
Break-even: 230.7 days

Slippage from BingX: live order book, 3 min ago; Gate: live order book, 1 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	5.69 bp	33.2 bp −$33	180.4 bp −$1,804	658.0 bp −$65.8K	1095.0 bp −$547.5K
Sell Gate live order book, 1 min ago	8.27 bp	71.3 bp −$71	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-USDT	−0.0140%	4h	0.02117	+0.118%	$238K	$156K	20x	as long as short
BingX SKR-USDTlong	+0.0070%	4h	0.02115	long leg	—	$2.4M	—
Lighter SKR	+0.0096%	1h	0.02109	−0.236%	$9K	$22K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02116	+0.076%	$1.3M	$727K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02116	+0.083%	$26K	$32K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02114	−0.029%	$3.6M	$12.4M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02116	+0.076%	$4.5M	$5.0M	20x	as long as short
Gate SKR_USDTshort	+0.0100%	4h	0.02117	+0.142%	$1.0M	$527K	20x
MEXC SKR_USDT	+0.0100%	4h	0.02114	−0.009%	$4.4M	$463K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02117	+0.104%	$685K	$686K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKRUSDT	+0.0100%	4h	0.02115	+0.019%	$1.5M	$1.2M	20x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02111	−0.147%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02107	−0.364%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0601%	1h	0.02118	+0.161%	$53K	$200K	5x	as long as short
Phoenix SKR	+0.1502%	1h	0.02119	+0.227%	$4K	$10K	3x	as long as short