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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKR-USDT | 0.02286 | −0.0140 | get 0.0070% / 4h | 2h 45m | $303K | $176K | 20x |
| Short | SunX SKR-USDT | 0.02263 | 0.0100 | get 0.0050% / 4h | 2h 45m | $2K | $2.7M | 20x |
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 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: −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 36 min ago | 3.70 bp | 43.5 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 32.04 bp | 87.5 bp −$87 | 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-USDTlong | −0.0140% | 4h | 0.02286 | long leg | $303K | $176K | 20x | |
| Lighter SKR | −0.0016% | 1h | 0.02272 | −0.608% | $9K | $23K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02298 | +0.547% | $1.5M | $1.3M | 3x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02284 | −0.074% | $4.5M | $22.3M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02285 | −0.035% | $5.4M | $8.5M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02286 | 0.000% | $1.1M | $1.4M | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02290 | +0.166% | $5.3M | $742K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02291 | +0.206% | $790K | $1.3M | 20x | as long as short |
| Bitget SKRUSDT | +0.0100% | 4h | 0.02270 | −0.704% | $1.7M | $3.0M | 20x | as long as short |
| BingX SKR-USDT | +0.0100% | 4h | 0.02276 | −0.455% | — | $2.7M | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKR-USDTshort | +0.0100% | 4h | 0.02263 | −1.006% | $2K | $2.7M | 20x | |
| HTX SKR-USDT | +0.0100% | 4h | 0.02248 | −1.640% | $15K | $39K | 20x | as long as short |
| Aster SKRUSDT | +0.0118% | 4h | 0.02283 | −0.136% | $32K | $104K | 5x | as long as short |
| Phoenix SKR | +0.0735% | 1h | 0.02247 | −1.689% | $4K | $10K | 3x | as long as short |
| Backpack SKR_USDC_PERP | +0.0755% | 1h | 0.02260 | −1.129% | $57K | $196K | 5x | as long as short |
BloFin SKR-USDT
SunX SKR-USDT
Lighter SKR
Hyperliquid SKR
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
KuCoin SKRUSDTM
Bitget SKRUSDT
BingX SKR-USDT
HTX SKR-USDT
Aster SKRUSDT
Phoenix SKR
Backpack SKR_USDC_PERP