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: MEXC against BloFin−0.109%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$930.931% of the position

Long on BloFin Short on MEXC

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)+0.502%+$50 · spread now −0.109%, 7d avg −0.046%

Together, before fees+0.710%+$71 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.063% cheaper against BloFin than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.046%). If the spread goes back, that is −$6 on $10k: about 21 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.208% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKR-USDT	0.02113	−0.0140	get 0.0070% / 4h	2h 06m	$239K	$152K	20x
Short	MEXC SKR_USDT	0.02110	0.0100	get 0.0050% / 4h	2h 06m	$4.4M	$493K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.109%Rate

Funding earned: $50.4
Price spread: −0.109% → −0.046%: −$6.27
Slippage, 4 orders: −$77.13
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$49
Costs to cover: 0.931%
Break-even: 13.8 days

Slippage from BloFin: live order book, 9 min ago; MEXC: live order book, 1 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, 9 min ago	3.07 bp	45.0 bp −$45	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.95 bp	6.3 bp −$6	41.8 bp −$418	206.5 bp −$20.7K	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	0.02113	long leg	$239K	$152K	20x
Lighter SKR	+0.0096%	1h	0.02105	−0.369%	$14K	$17K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02111	−0.090%	$1.3M	$735K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02111	−0.061%	$26K	$33K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02112	−0.029%	$3.6M	$11.8M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02110	−0.118%	$4.5M	$4.8M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02110	−0.128%	$1.0M	$531K	20x	as long as short
MEXC SKR_USDTshort	+0.0100%	4h	0.02110	−0.109%	$4.4M	$493K	20x
KuCoin SKRUSDTM	+0.0100%	4h	0.02110	−0.114%	$684K	$685K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02111	−0.090%	$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	0.02111	−0.066%	—	$2.4M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02109	−0.180%	$50K	$224K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02105	−0.369%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02109	−0.175%	$14K	$37K	20x	as long as short
Phoenix SKR	+0.1507%	1h	0.02118	+0.270%	$4K	$10K	3x	as long as short