SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.005%

Price spread now: BingX against Binance+0.048%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$134as in the Price arb table

costs, in and out, $10k−$1381.381% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days−0.088%−$9 · spread now +0.048%, 7d avg +0.010%

Together, before fees−0.095%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.037% dearer against Binance than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of +0.010%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.007% in total) that is about 35 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKRUSDT	0.02151	0.0100	pay 0.0050% / 4h	3h 25m	$3.7M	$12.5M	20x
Short	BingX SKR-USDT	0.02152	0.0070	get 0.0035% / 4h	3h 25m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$6.3
Price spread: +0.048% → +0.010%: $3.73
Slippage, 4 orders: −$118.07
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$140.65
Costs to cover: 1.381%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; BingX: live order book, 9 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 Binance live order book, 15 min ago	1.18 bp	23.8 bp −$24	147.7 bp −$1,477	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	6.36 bp	40.5 bp −$40	140.6 bp −$1,406	435.9 bp −$43.6K	883.4 bp −$441.7K

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-USDT	−0.0140%	4h	0.02152	+0.048%	$240K	$159K	20x	as long as short
BingX SKR-USDTshort	+0.0070%	4h	0.02152	+0.048%	—	$2.4M	—
Lighter SKR	+0.0096%	1h	0.02144	−0.306%	$9K	$22K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02151	−0.003%	$1.4M	$720K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02145	−0.280%	$27K	$32K	5x	as long as short
Binance SKRUSDTlong	+0.0100%	4h	0.02151	long leg	$3.7M	$12.5M	20x
Bybit SKRUSDT	+0.0100%	4h	0.02150	−0.036%	$4.6M	$5.0M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02147	−0.203%	$1.0M	$530K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02150	−0.055%	$4.4M	$464K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02147	−0.194%	$695K	$689K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKRUSDT	+0.0100%	4h	0.02150	−0.036%	$1.5M	$1.2M	20x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02145	−0.278%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02117	−1.570%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0559%	1h	0.02140	−0.524%	$54K	$196K	5x	as long as short
Phoenix SKR	+0.1502%	1h	0.02137	−0.659%	$4K	$10K	3x	as long as short