SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.038%

Price spread now: BloFin against Bitget−0.656%105s7-day average +0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$169as 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−$1481.482% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

Price spread, last 3 days (all we have)+0.433%+$43 · spread now −0.656%, 7d avg +0.061%

Together, before fees+0.227%+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.717% cheaper against Bitget than usual: you would sell low and buy high (−$72 if the spread goes back to its 7-day average of +0.061%). Swap the legs. The two prices were read 105 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	Bitget SKRUSDT	0.02149	0.0100	pay 0.0050% / 4h	3h 25m	$1.5M	$1.2M	20x
Short	BloFin SKR-USDT	0.02135	−0.0140	pay 0.0070% / 4h	3h 25m	$239K	$158K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.656%Rate

Funding earned: −$50.4
Price spread: −0.656% → +0.061%: −$71.7
Slippage, 4 orders: −$124.23
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$270.33
Costs to cover: 1.482%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 40 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 Bitget live order book, 1 min ago	7.01 bp	45.8 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 40 min ago	5.88 bp	37.8 bp −$38	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-USDTshort	−0.0140%	4h	0.02135	−0.656%	$239K	$158K	20x
BingX SKR-USDT	+0.0070%	4h	0.02149	−0.014%	—	$2.4M	—	as long as short
Lighter SKR	+0.0096%	1h	0.02143	−0.275%	$9K	$22K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02151	+0.084%	$1.4M	$720K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02140	−0.431%	$27K	$32K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02149	+0.001%	$3.7M	$12.4M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02149	0.000%	$4.6M	$5.0M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02145	−0.200%	$1.0M	$530K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02150	+0.033%	$4.4M	$464K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02147	−0.107%	$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 SKRUSDTlong	+0.0100%	4h	0.02149	long leg	$1.5M	$1.2M	20x
SunX SKR-USDT	+0.0100%	4h	0.02134	−0.703%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02117	−1.484%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0559%	1h	0.02140	−0.437%	$54K	$196K	5x	as long as short
Phoenix SKR	+0.1502%	1h	0.02137	−0.572%	$4K	$10K	3x	as long as short