Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BingX+0.019%7-day average −0.010% · 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−$135as in the Price arb table
costs, in and out, $10k−$1381.381% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.019%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.029% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKR-USDT | 0.02116 | 0.0070 | pay 0.0035% / 4h | 3h 32m | — | $2.4M | — |
| Short | Binance SKRUSDT | 0.02116 | 0.0100 | get 0.0050% / 4h | 3h 32m | $3.6M | $12.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.019% → −0.010%
- $2.93
- Slippage, 4 orders
- −$118.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.84
- Costs to cover
- 1.381%
- Break-even
- 150.2 days
Slippage from BingX: live order book, 2 min ago; Binance: live order book, 8 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 BingX live order book, 2 min ago | 6.36 bp | 47.4 bp −$47 | 197.5 bp −$1,975 | 572.0 bp −$57.2K | 953.2 bp −$476.6K |
| Sell Binance live order book, 8 min ago | 1.18 bp | 26.5 bp −$26 | 126.3 bp −$1,263 | 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-USDT | −0.0140% | 4h | 0.02124 | +0.392% | $237K | $157K | 20x | as long as short |
| BingX SKR-USDTlong | +0.0070% | 4h | 0.02116 | long leg | — | $2.4M | — | |
| Lighter SKR | +0.0096% | 1h | 0.02112 | −0.165% | $9K | $22K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02117 | +0.076% | $1.3M | $719K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02116 | +0.046% | $26K | $32K | 5x | as long as short |
| Binance SKRUSDTshort | +0.0100% | 4h | 0.02116 | +0.019% | $3.6M | $12.4M | 20x | |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02116 | +0.043% | $4.5M | $5.0M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02117 | +0.080% | $1.0M | $529K | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02116 | +0.014% | $4.4M | $464K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02117 | +0.061% | $687K | $689K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKRUSDT | +0.0100% | 4h | 0.02116 | +0.033% | $1.5M | $1.2M | 20x | as long as short |
| SunX SKR-USDT | +0.0100% | 4h | 0.02112 | −0.175% | $2K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02117 | +0.076% | $14K | $36K | 20x | as long as short |
| Backpack SKR_USDC_PERP | +0.0531% | 1h | 0.02116 | 0.000% | $53K | $196K | 5x | as long as short |
| Phoenix SKR | +0.1502% | 1h | 0.02126 | +0.511% | $4K | $10K | 3x | as long as short |
BingX SKR-USDT
Binance SKRUSDT
BloFin SKR-USDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
KuCoin SKRUSDTM
Bitget SKRUSDT
SunX SKR-USDT
HTX SKR-USDT
Backpack SKR_USDC_PERP
Phoenix SKR