Funding you earn now, next payment 12:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.061%
Price spread now: BloFin against KuCoin+0.057%95s7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$631as 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−$5985.977% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 4 days (all we have)−0.418%−$42 · spread now +0.057%, 7d avg −0.034%
=The price spread pays, funding is against you. BloFin is 0.091% dearer against KuCoin than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.034%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 30 hours. The two prices were read 95 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 | KuCoin SKRUSDTM | 0.02091 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $695K | $1.6M | 20x |
| Short | BloFin SKR-USDT | 0.02092 | −0.0140 | pay 0.0070% / 4h | 1h 43m | $233K | $164K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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: +0.057% → −0.034%
- $9.1
- Slippage, 4 orders
- −$573.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$638.98
- Costs to cover
- 5.977%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 62 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 KuCoin live order book, 5 min ago | 8.34 bp | 324.5 bp −$324 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 4.77 bp | 34.1 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
SKR on 15 exchanges
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-USDTshort | −0.0140% | 4h | 0.02092 | +0.057% | $233K | $164K | 20x | |
| Lighter SKR | +0.0096% | 1h | 0.02090 | −0.053% | $8K | $26K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02091 | +0.005% | $1.3M | $1.5M | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02092 | +0.042% | $25K | $128K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02092 | +0.072% | $3.6M | $28.3M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02092 | +0.057% | $4.5M | $10.9M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02091 | 0.000% | $979K | $1.7M | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02092 | +0.038% | $5.0M | $803K | 20x | as long as short |
| KuCoin SKRUSDTMlong | +0.0100% | 4h | 0.02091 | long leg | $695K | $1.6M | 20x | |
| Bitget SKRUSDT | +0.0100% | 4h | 0.02091 | +0.019% | $1.6M | $3.6M | 20x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SKR-USDT | +0.0100% | 4h | 0.02093 | +0.091% | — | $2.8M | — | as long as short |
| Backpack SKR_USDC_PERP | +0.0100% | 1h | 0.02091 | +0.019% | $53K | $199K | 5x | as long as short |
| SunX SKR-USDT | +0.0100% | 4h | 0.02089 | −0.100% | $1K | $3.2M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02091 | −0.005% | $14K | $40K | 20x | as long as short |
| Phoenix SKR | +0.0380% | 1h | 0.02096 | +0.249% | $4K | $10K | 3x | as long as short |
KuCoin SKRUSDTM
BloFin SKR-USDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
Bitget SKRUSDT
BingX SKR-USDT
Backpack SKR_USDC_PERP
SunX SKR-USDT
HTX SKR-USDT
Phoenix SKR