Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.045%
Price spread now: Bitget against BloFin+0.226%45s7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as 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−$1561.560% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.226%, 7d avg −0.054%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.280% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.054%. The two prices were read 45 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 | BloFin SKR-USDT | 0.02079 | −0.0140 | get 0.0070% / 4h | 1h 46m | $249K | $164K | 20x |
| Short | Bitget SKRUSDT | 0.02084 | 0.0100 | get 0.0050% / 4h | 1h 46m | $1.6M | $3.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: +0.226% → −0.054%
- $28
- Slippage, 4 orders
- −$132.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$77.62
- Costs to cover
- 1.560%
- Break-even
- 17.8 days
Slippage from BloFin: live order book, 30 min ago; Bitget: 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, 30 min ago | 2.57 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 7.22 bp | 45.0 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack SKR_USDC_PERP | −0.0301% | 1h | 0.02080 | +0.048% | $55K | $208K | 5x | as long as short |
| BloFin SKR-USDTlong | −0.0140% | 4h | 0.02079 | long leg | $249K | $164K | 20x | |
| Lighter SKR | +0.0096% | 1h | 0.02080 | +0.053% | $8K | $26K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02083 | +0.212% | $1.3M | $1.4M | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02083 | +0.189% | $25K | $117K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02082 | +0.144% | $3.7M | $26.6M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02083 | +0.216% | $4.8M | $10.2M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02083 | +0.216% | $985K | $1.6M | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02081 | +0.115% | $5.0M | $825K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02082 | +0.168% | $635K | $1.4M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKRUSDTshort | +0.0100% | 4h | 0.02084 | +0.226% | $1.6M | $3.4M | 20x | |
| BingX SKR-USDT | +0.0100% | 4h | 0.02083 | +0.212% | — | $2.8M | — | as long as short |
| SunX SKR-USDT | +0.0100% | 4h | 0.02078 | −0.034% | $2K | $3.2M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02070 | −0.452% | $14K | $40K | 20x | as long as short |
| Phoenix SKR | +0.0377% | 1h | 0.02066 | −0.635% | $4K | $10K | 3x | as long as short |
BloFin SKR-USDT
Bitget SKRUSDT
Backpack SKR_USDC_PERP
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
KuCoin SKRUSDTM
BingX SKR-USDT
SunX SKR-USDT
HTX SKR-USDT
Phoenix SKR