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: Binance against BloFin−0.096%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1201.202% of the position

Long on BloFin Short on Binance

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)+0.868%+$87 · spread now −0.096%, 7d avg −0.044%

Together, before fees+1.076%+$108 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.052% cheaper against BloFin than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.044%). If the spread goes back, that is −$5 on $10k: about 17 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 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKR-USDT	0.02110	−0.0140	get 0.0070% / 4h	3h 30m	$235K	$147K	20x
Short	Binance SKRUSDT	0.02108	0.0100	get 0.0050% / 4h	3h 30m	$3.5M	$11.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.096%Rate

Funding earned: $50.4
Price spread: −0.096% → −0.044%: −$5.24
Slippage, 4 orders: −$98.2
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$75.05
Costs to cover: 1.202%
Break-even: 17.4 days

Slippage from BloFin: live order book, 13 min ago; Binance: live order book, 15 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, 13 min ago	0.72 bp	26.5 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	1.19 bp	33.9 bp −$34	135.8 bp −$1,358	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	0.02110	long leg	$235K	$147K	20x
Lighter SKR	+0.0096%	1h	0.02102	−0.370%	$14K	$17K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02110	0.000%	$1.3M	$725K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02108	−0.092%	$27K	$32K	5x	as long as short
Binance SKRUSDTshort	+0.0100%	4h	0.02108	−0.096%	$3.5M	$11.4M	20x
Bybit SKRUSDT	+0.0100%	4h	0.02109	−0.062%	$4.6M	$4.7M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02107	−0.133%	$1.0M	$524K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02107	−0.147%	$4.4M	$478K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02109	−0.066%	$682K	$687K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02110	−0.005%	$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	0.02110	−0.024%	—	$2.4M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02107	−0.147%	$50K	$240K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02103	−0.336%	$1K	$2.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02105	−0.275%	$14K	$37K	20x	as long as short
Phoenix SKR	+0.0378%	1h	0.02107	−0.133%	$4K	$10K	3x	as long as short