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: BingX against Bitget−0.084%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1711.712% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.055%+$5 · spread now −0.084%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.120% cheaper against Bitget than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKRUSDT | 0.02138 | 0.0100 | pay 0.0050% / 4h | 3h 18m | $1.5M | $1.2M | 20x |
| Short | BingX SKR-USDT | 0.02137 | 0.0070 | get 0.0035% / 4h | 3h 18m | — | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- −$6.3
- Price spread: −0.084% → +0.036%
- −$11.99
- Slippage, 4 orders
- −$149.2
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$189.49
- Costs to cover
- 1.712%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 16 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 Bitget live order book, 4 min ago | 6.55 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 6.36 bp | 40.5 bp −$40 | 140.6 bp −$1,406 | 435.9 bp −$43.6K | 883.4 bp −$441.7K |
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 | 0.02132 | −0.299% | $238K | $158K | 20x | as long as short |
| BingX SKR-USDTshort | +0.0070% | 4h | 0.02137 | −0.084% | — | $2.4M | — | |
| Lighter SKR | +0.0096% | 1h | 0.02132 | −0.285% | $9K | $22K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02137 | −0.061% | $1.4M | $716K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02133 | −0.259% | $27K | $32K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02137 | −0.066% | $3.7M | $12.5M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02137 | −0.065% | $4.6M | $5.0M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02135 | −0.154% | $1.0M | $531K | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02136 | −0.094% | $4.4M | $465K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02134 | −0.210% | $689K | $689K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKRUSDTlong | +0.0100% | 4h | 0.02138 | long leg | $1.5M | $1.2M | 20x | |
| SunX SKR-USDT | +0.0100% | 4h | 0.02132 | −0.309% | $1K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02133 | −0.271% | $14K | $36K | 20x | as long as short |
| Backpack SKR_USDC_PERP | +0.0582% | 1h | 0.02137 | −0.075% | $54K | $196K | 5x | as long as short |
| Phoenix SKR | +0.1502% | 1h | 0.02140 | +0.065% | $4K | $10K | 3x | as long as short |
Bitget SKRUSDT
BingX SKR-USDT
BloFin SKR-USDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
KuCoin SKRUSDTM
SunX SKR-USDT
HTX SKR-USDT
Backpack SKR_USDC_PERP
Phoenix SKR