Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.031%
Price spread now: Bitget against BloFin+0.317%45s7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1371.365% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.317%, 7d avg −0.059%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.375% dearer against BloFin than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of −0.059%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKR-USDT | 0.02085 | −0.0140 | get 0.0070% / 4h | 48m 30s | $227K | $162K | 20x |
| Short | Bitget SKRUSDT | 0.02092 | 0.0100 | get 0.0050% / 4h | 48m 30s | $1.5M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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: +0.317% → −0.059%
- $37.51
- Slippage, 4 orders
- −$112.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.63
- Costs to cover
- 1.365%
- Break-even
- 13.8 days
Slippage from BloFin: live order book, 50 min ago; Bitget: live order book, 3 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, 50 min ago | 0.24 bp | 30.3 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 6.47 bp | 39.1 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-USDTlong | −0.0140% | 4h | 0.02085 | long leg | $227K | $162K | 20x | |
| Lighter SKR | +0.0096% | 1h | 0.02087 | +0.072% | $9K | $20K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02093 | +0.388% | $1.3M | $808K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02087 | +0.092% | $28K | $35K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02091 | +0.298% | $3.5M | $13.3M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02089 | +0.206% | $4.5M | $5.3M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02088 | +0.163% | $1.0M | $554K | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02092 | +0.345% | $4.3M | $471K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02086 | +0.058% | $640K | $724K | 20x | as long as short |
| Bitget SKRUSDTshort | +0.0100% | 4h | 0.02092 | +0.317% | $1.5M | $1.3M | 20x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SKR-USDT | +0.0100% | 4h | 0.02091 | +0.312% | — | $2.3M | — | as long as short |
| SunX SKR-USDT | +0.0100% | 4h | 0.02082 | −0.153% | $1K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02090 | +0.245% | $14K | $35K | 20x | as long as short |
| Backpack SKR_USDC_PERP | +0.1099% | 1h | 0.02086 | +0.048% | $50K | $182K | 5x | as long as short |
| Phoenix SKR | +0.1165% | 1h | 0.02092 | +0.345% | $4K | $10K | 3x | as long as short |
BloFin SKR-USDT
Bitget SKRUSDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
KuCoin SKRUSDTM
BingX SKR-USDT
SunX SKR-USDT
HTX SKR-USDT
Backpack SKR_USDC_PERP
Phoenix SKR