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: BloFin against MEXC+0.180%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)−0.484%−$48 · spread now +0.180%, 7d avg +0.040%
=The price spread pays, funding is against you. BloFin is 0.140% dearer against MEXC than usual: you sell high and buy low (spread +0.180% now, against its 7-day average of +0.040%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.211% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SKR_USDT | 0.02163 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $4.5M | $481K | 20x |
| Short | BloFin SKR-USDT | 0.02167 | −0.0140 | pay 0.0070% / 4h | 3h 14m | $245K | $170K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. 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: +0.180% → +0.040%
- $14.01
- Slippage, 4 orders
- −$79.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.05
- Costs to cover
- 0.957%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 7 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 MEXC live order book, 3 min ago | 2.31 bp | 8.3 bp −$8 | 51.3 bp −$513 | 289.5 bp −$28.9K | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.70 bp | 35.0 bp −$35 | 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-USDTshort | −0.0140% | 4h | 0.02167 | +0.180% | $245K | $170K | 20x | |
| Lighter SKR | +0.0096% | 1h | 0.02159 | −0.199% | $9K | $20K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02166 | +0.106% | $1.4M | $820K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02160 | −0.149% | $30K | $38K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02164 | +0.043% | $3.7M | $13.9M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02164 | +0.037% | $4.6M | $5.4M | 20x | as long as short |
| MEXC SKR_USDTlong | +0.0100% | 4h | 0.02163 | long leg | $4.5M | $481K | 20x | |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02161 | −0.088% | $663K | $737K | 20x | as long as short |
| Bitget SKRUSDT | +0.0100% | 4h | 0.02161 | −0.092% | $1.5M | $1.4M | 20x | as long as short |
| BingX SKR-USDT | +0.0100% | 4h | 0.02165 | +0.055% | — | $2.4M | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKR-USDT | +0.0100% | 4h | 0.02158 | −0.263% | $2K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02171 | +0.333% | $14K | $34K | 20x | as long as short |
| Gate SKR_USDT | +0.0268% | 4h | 0.02163 | −0.005% | $1.1M | $580K | 20x | as long as short |
| Backpack SKR_USDC_PERP | +0.0725% | 1h | 0.02162 | −0.079% | $52K | $164K | 5x | as long as short |
| Phoenix SKR | +0.0747% | 1h | 0.02169 | +0.263% | $4K | $10K | 3x | as long as short |
MEXC SKR_USDT
BloFin SKR-USDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
KuCoin SKRUSDTM
Bitget SKRUSDT
BingX SKR-USDT
SunX SKR-USDT
HTX SKR-USDT
Gate SKR_USDT
Backpack SKR_USDC_PERP
Phoenix SKR