Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.006%
Price spread now: BingX against Binance+0.004%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1371.366% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.004%, 7d avg +0.014%
=The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKRUSDT | 0.02177 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $3.8M | $13.8M | 20x |
| Short | BingX SKR-USDT | 0.02177 | 0.0070 | get 0.0035% / 4h | 3h 24m | — | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$6.3
- Price spread: +0.004% → +0.014%
- −$0.97
- Slippage, 4 orders
- −$116.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$143.85
- Costs to cover
- 1.366%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; BingX: live order book, 10 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 Binance live order book, 1 min ago | 0.69 bp | 33.2 bp −$33 | 164.3 bp −$1,643 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.54 bp | 33.0 bp −$33 | 136.1 bp −$1,361 | 506.9 bp −$50.7K | 1039.6 bp −$519.8K |
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-USDT | +0.0019% | 4h | 0.02172 | −0.202% | $242K | $173K | 20x | as long as short |
| BingX SKR-USDTshort | +0.0070% | 4h | 0.02177 | +0.004% | — | $2.4M | — | |
| Lighter SKR | +0.0096% | 1h | 0.02171 | −0.244% | $9K | $20K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02177 | +0.041% | $1.4M | $817K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02177 | +0.032% | $30K | $38K | 5x | as long as short |
| Binance SKRUSDTlong | +0.0100% | 4h | 0.02177 | long leg | $3.8M | $13.8M | 20x | |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02175 | −0.064% | $4.5M | $480K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02176 | −0.023% | $665K | $736K | 20x | as long as short |
| Bitget SKRUSDT | +0.0100% | 4h | 0.02177 | 0.000% | $1.6M | $1.4M | 20x | as long as short |
| SunX SKR-USDT | +0.0100% | 4h | 0.02171 | −0.248% | $2K | $2.3M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKR-USDT | +0.0100% | 4h | 0.02184 | +0.326% | $14K | $34K | 20x | as long as short |
| Bybit SKRUSDT | +0.0289% | 4h | 0.02176 | −0.041% | $4.6M | $5.4M | 20x | as long as short |
| Gate SKR_USDT | +0.0604% | 4h | 0.02176 | −0.032% | $1.1M | $576K | 20x | as long as short |
| Phoenix SKR | +0.0747% | 1h | 0.02181 | +0.179% | $4K | $10K | 3x | as long as short |
| Backpack SKR_USDC_PERP | +0.0815% | 1h | 0.02175 | −0.055% | $52K | $165K | 5x | as long as short |
Binance SKRUSDT
BingX SKR-USDT
BloFin SKR-USDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
MEXC SKR_USDT
KuCoin SKRUSDTM
Bitget SKRUSDT
SunX SKR-USDT
HTX SKR-USDT
Bybit SKRUSDT
Gate SKR_USDT
Phoenix SKR
Backpack SKR_USDC_PERP