SKR

Alert: funding

Alert: spread

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

Price spread now: Bybit against BloFin−0.033%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$150as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1661.661% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 3 days (all we have)+0.462%+$46 · spread now −0.033%, 7d avg −0.035%

Together, before fees+0.621%+$62 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKR-USDT	0.02130	−0.0140	get 0.0070% / 4h	2h 28m	$239K	$153K	20x
Short	Bybit SKRUSDT	0.02129	0.0100	get 0.0050% / 4h	2h 28m	$4.6M	$4.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: $50.4
Price spread: −0.033% → −0.035%: $0.24
Slippage, 4 orders: −$143.06
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$115.43
Costs to cover: 1.661%
Break-even: 23.0 days

Slippage from BloFin: live order book, 54 min ago; Bybit: live order book, 4 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, 54 min ago	3.56 bp	30.7 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	2.81 bp	50.5 bp −$51	142.5 bp −$1,425	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	0.02130	long leg	$239K	$153K	20x
Lighter SKR	+0.0096%	1h	0.02126	−0.183%	$14K	$17K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02132	+0.066%	$1.4M	$732K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02128	−0.085%	$26K	$33K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02132	+0.069%	$3.6M	$11.7M	20x	as long as short
Bybit SKRUSDTshort	+0.0100%	4h	0.02129	−0.033%	$4.6M	$4.8M	20x
Gate SKR_USDT	+0.0100%	4h	0.02130	−0.009%	$1.0M	$531K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02131	+0.019%	$4.4M	$490K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02130	−0.005%	$689K	$686K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02132	+0.089%	$1.5M	$1.1M	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	0.02133	+0.127%	—	$2.4M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02130	−0.009%	$51K	$231K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02126	−0.211%	$1K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02134	+0.164%	$14K	$37K	20x	as long as short
Phoenix SKR	+0.1507%	1h	0.02135	+0.216%	$4K	$10K	3x	as long as short