SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.025%

Price spread now: Binance against BloFin−0.400%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1251.252% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.208%+$21 on $10k

Price spread, last 3 days (all we have)+0.644%+$64 · spread now −0.400%, 7d avg −0.044%

Together, before fees+0.852%+$85 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.355% cheaper against BloFin than usual: you would sell low and buy high (spread −0.400% now, against its 7-day average of −0.044%). If the spread goes back, that is −$36 on $10k: about 4.9 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.208% in total) that is about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKR-USDT	0.02126	−0.0140	get 0.0070% / 4h	3h 58m	$236K	$156K	20x
Short	Binance SKRUSDT	0.02117	0.0100	get 0.0050% / 4h	3h 58m	$3.6M	$12.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.400%Rate

Funding earned: $50.4
Price spread: −0.400% → −0.044%: −$35.55
Slippage, 4 orders: −$103.22
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$110.36
Costs to cover: 1.252%
Break-even: 22.3 days

Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 11 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 BloFin live order book, 7 min ago	5.88 bp	31.7 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.47 bp	26.8 bp −$27	119.3 bp −$1,193	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-USDTlong	−0.0140%	4h	0.02126	long leg	$236K	$156K	20x
Lighter SKR	+0.0096%	1h	0.02110	−0.729%	$14K	$16K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02117	−0.400%	$1.3M	$743K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02122	−0.150%	$26K	$32K	5x	as long as short
Binance SKRUSDTshort	+0.0100%	4h	0.02117	−0.400%	$3.6M	$12.3M	20x
Bybit SKRUSDT	+0.0100%	4h	0.02116	−0.433%	$4.5M	$5.0M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02123	−0.146%	$1.0M	$524K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02120	−0.249%	$4.4M	$461K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02122	−0.165%	$687K	$687K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02118	−0.343%	$1.5M	$1.2M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SKR-USDT	+0.0100%	4h	0.02116	−0.438%	—	$2.4M	—	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02121	−0.231%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02126	+0.038%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0456%	1h	0.02124	−0.085%	$51K	$213K	5x	as long as short
Phoenix SKR	+0.0755%	1h	0.02126	+0.019%	$4K	$10K	3x	as long as short