SKR

Alert: funding

Alert: spread

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: Bybit against BloFin−0.171%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$168as in the Price arb table

costs, in and out, $10k−$1541.539% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.177%+$18 on $10k

Price spread, last 4 days (all we have)+0.420%+$42 · spread now −0.171%, 7d avg −0.027%

Together, before fees+0.597%+$60 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.143% cheaper against BloFin than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.027%). If the spread goes back, that is −$14 on $10k: about 48 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.177% in total) that is about 5.7 days.

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	1h 29m	$241K	$167K	20x
Short	Bybit SKRUSDT	0.02106	0.0100	get 0.0050% / 4h	1h 29m	$4.7M	$10.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.171%Rate

Funding earned: $50.4
Price spread: −0.171% → −0.027%: −$14.33
Slippage, 4 orders: −$130.9
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$117.83
Costs to cover: 1.539%
Break-even: 23.4 days

Slippage from BloFin: live order book, 48 min ago; Bybit: 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 BloFin live order book, 48 min ago	2.57 bp	45.6 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 9 min ago	5.96 bp	42.2 bp −$42	140.6 bp −$1,406	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	$241K	$167K	20x
Backpack SKR_USDC_PERP	+0.0004%	1h	0.02105	−0.232%	$54K	$208K	5x	as long as short
Lighter SKR	+0.0096%	1h	0.02108	−0.100%	$8K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02106	−0.175%	$1.4M	$1.4M	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02105	−0.218%	$25K	$117K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02102	−0.374%	$3.7M	$27.0M	20x	as long as short
Bybit SKRUSDTshort	+0.0100%	4h	0.02106	−0.171%	$4.7M	$10.4M	20x
Gate SKR_USDT	+0.0100%	4h	0.02104	−0.303%	$991K	$1.6M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02103	−0.318%	$5.0M	$828K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02108	−0.104%	$639K	$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 SKRUSDT	+0.0100%	4h	0.02107	−0.137%	$1.6M	$3.5M	20x	as long as short
BingX SKR-USDT	+0.0100%	4h	0.02102	−0.379%	—	$2.8M	—	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02108	−0.095%	$2K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02106	−0.185%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.0377%	1h	0.02109	−0.062%	$4K	$10K	3x	as long as short