SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.057%

Price spread now: BloFin against Bybit+0.014%62s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$171as 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−$1521.517% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.188%−$19 on $10k

Price spread, last 4 days (all we have)−0.444%−$44 · spread now +0.014%, 7d avg +0.021%

Together, before fees−0.631%−$63 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 62 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	Bybit SKRUSDT	0.02100	0.0100	pay 0.0050% / 4h	2h 20m	$4.6M	$10.9M	20x
Short	BloFin SKR-USDT	0.02100	−0.0140	pay 0.0070% / 4h	2h 20m	$233K	$164K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$50.4
Price spread: +0.014% → +0.021%: −$0.7
Slippage, 4 orders: −$128.74
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$202.84
Costs to cover: 1.517%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 25 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 Bybit live order book, 1 min ago	2.62 bp	37.5 bp −$38	137.6 bp −$1,376	doesn't fit	doesn't fit
Sell BloFin live order book, 25 min ago	4.77 bp	34.1 bp −$34	doesn't fit	doesn't fit	doesn't fit

SKR on 15 exchanges

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	0.02100	+0.014%	$233K	$164K	20x
Lighter SKR	+0.0096%	1h	0.02098	−0.090%	$8K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02099	−0.019%	$1.3M	$1.5M	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02100	−0.006%	$25K	$122K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02099	−0.014%	$3.6M	$28.3M	20x	as long as short
Bybit SKRUSDTlong	+0.0100%	4h	0.02100	long leg	$4.6M	$10.9M	20x
Gate SKR_USDT	+0.0100%	4h	0.02100	0.000%	$984K	$1.7M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02099	−0.038%	$5.0M	$809K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02099	−0.024%	$694K	$1.6M	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02101	+0.043%	$1.6M	$3.6M	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SKR-USDT	+0.0100%	4h	0.02099	−0.043%	—	$2.8M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02102	+0.105%	$54K	$202K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02097	−0.143%	$2K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02099	−0.010%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.0378%	1h	0.02100	+0.014%	$4K	$10K	3x	as long as short