Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.038%
Price spread now: BloFin against Bitget−0.202%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1491.487% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now −0.202%, 7d avg +0.061%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.263% cheaper against Bitget than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKRUSDT | 0.02129 | 0.0100 | pay 0.0050% / 4h | 3h 38m | $1.5M | $1.2M | 20x |
| Short | BloFin SKR-USDT | 0.02125 | −0.0140 | pay 0.0070% / 4h | 3h 38m | $238K | $157K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$50.4
- Price spread: −0.202% → +0.061%
- −$26.29
- Slippage, 4 orders
- −$124.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$225.35
- Costs to cover
- 1.487%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 27 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, 3 min ago | 4.73 bp | 41.8 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 5.88 bp | 37.8 bp −$38 | 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 | 0.02125 | −0.202% | $238K | $157K | 20x | |
| BingX SKR-USDT | +0.0070% | 4h | 0.02127 | −0.103% | — | $2.4M | — | as long as short |
| Lighter SKR | +0.0096% | 1h | 0.02125 | −0.211% | $9K | $22K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02128 | −0.038% | $1.3M | $717K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02127 | −0.113% | $27K | $32K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02128 | −0.066% | $3.6M | $12.4M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02127 | −0.099% | $4.6M | $5.0M | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02127 | −0.099% | $4.4M | $463K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02129 | −0.005% | $689K | $687K | 20x | as long as short |
| Bitget SKRUSDTlong | +0.0100% | 4h | 0.02129 | long leg | $1.5M | $1.2M | 20x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKR-USDT | +0.0100% | 4h | 0.02126 | −0.141% | $1K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02107 | −1.052% | $14K | $36K | 20x | as long as short |
| Gate SKR_USDT | +0.0224% | 4h | 0.02128 | −0.061% | $1.0M | $528K | 20x | as long as short |
| Backpack SKR_USDC_PERP | +0.0601% | 1h | 0.02130 | +0.033% | $53K | $196K | 5x | as long as short |
| Phoenix SKR | +0.1502% | 1h | 0.02119 | −0.465% | $4K | $10K | 3x | as long as short |
Bitget SKRUSDT
BloFin SKR-USDT
BingX SKR-USDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
MEXC SKR_USDT
KuCoin SKRUSDTM
SunX SKR-USDT
HTX SKR-USDT
Gate SKR_USDT
Backpack SKR_USDC_PERP
Phoenix SKR