Settings8H · net · $10k
Funding arb · Price arb /

SKR

all SKR markets
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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: SunX against BloFin−1.006%7-day average −0.184% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$2692.686% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.211%+$21 on $10k
Price spread, last 4 days (all we have)+0.845%+$85 · spread now −1.006%, 7d avg −0.184%
Together, before fees+1.056%+$106 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.822% cheaper against BloFin than usual: you would sell low and buy high (spread −1.006% now, against its 7-day average of −0.184%). If the spread goes back, that is −$82 on $10k: about 11 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.211% in total) that is about 27 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02286−0.0140get 0.0070% / 4h2h 45m$303K$176K20x
ShortSunX SKR-USDT0.022630.0100get 0.0050% / 4h2h 45m$2K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$50.4
Price spread: −1.006% → −0.184%
−$82.18
Slippage, 4 orders
−$248.62
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$300.4
Costs to cover
2.686%
Break-even
48.7 days
Slippage from BloFin: live order book, 36 min ago; SunX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 36 min ago3.70 bp43.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 11 min ago32.04 bp87.5 bp −$87doesn't fitdoesn't fitdoesn't fit

SKR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKR-USDTlong−0.0140%4h0.02286long leg$303K$176K20x
Lighter SKR−0.0016%1h0.02272−0.608%$9K$23K3xas long as short
Hyperliquid SKR+0.0100%1h0.02298+0.547%$1.5M$1.3M3xas long as short
Binance SKRUSDT+0.0100%4h0.02284−0.074%$4.5M$22.3M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02285−0.035%$5.4M$8.5M20xas long as short
Gate SKR_USDT+0.0100%4h0.022860.000%$1.1M$1.4M20xas long as short
MEXC SKR_USDT+0.0100%4h0.02290+0.166%$5.3M$742K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02291+0.206%$790K$1.3M20xas long as short
Bitget SKRUSDT+0.0100%4h0.02270−0.704%$1.7M$3.0M20xas long as short
BingX SKR-USDT+0.0100%4h0.02276−0.455%$2.7Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKR-USDTshort+0.0100%4h0.02263−1.006%$2K$2.7M20x
HTX SKR-USDT+0.0100%4h0.02248−1.640%$15K$39K20xas long as short
Aster SKRUSDT+0.0118%4h0.02283−0.136%$32K$104K5xas long as short
Phoenix SKR+0.0735%1h0.02247−1.689%$4K$10K3xas long as short
Backpack SKR_USDC_PERP+0.0755%1h0.02260−1.129%$57K$196K5xas long as short