SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.039%

Price spread now: BloFin against BingX+0.062%66s7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$136as 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−$1161.163% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.202%−$20 on $10k

Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.062%, 7d avg +0.002%

Together, before fees−0.448%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.060% dearer against BingX than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.002%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.202% in total) that is about 2.1 days. The two prices were read 66 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	BingX SKR-USDT	0.02105	0.0100	pay 0.0050% / 4h	12m 14s	—	$2.8M	—
Short	BloFin SKR-USDT	0.02106	−0.0140	pay 0.0070% / 4h	12m 14s	$239K	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BingXbpFee BloFinbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$50.4
Price spread: +0.062% → +0.002%: $5.98
Slippage, 4 orders: −$94.28
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$160.7
Costs to cover: 1.163%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 59 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, 3 min ago	5.93 bp	33.1 bp −$33	131.1 bp −$1,311	550.5 bp −$55.0K	999.0 bp −$499.5K
Sell BloFin live order book, 59 min ago	2.36 bp	36.0 bp −$36	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	0.02106	+0.062%	$239K	$166K	20x
Lighter SKR	+0.0096%	1h	0.02104	−0.005%	$8K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02106	+0.048%	$1.3M	$1.4M	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02103	−0.058%	$26K	$118K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02105	+0.010%	$3.7M	$27.6M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02106	+0.071%	$4.7M	$10.6M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02105	+0.033%	$995K	$1.7M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02106	+0.067%	$5.0M	$836K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02102	−0.109%	$766K	$1.5M	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02107	+0.100%	$1.6M	$3.5M	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SKR-USDTlong	+0.0100%	4h	0.02105	long leg	—	$2.8M	—
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02106	+0.071%	$52K	$211K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02104	−0.014%	$1K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02104	−0.024%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.1148%	1h	0.02104	−0.005%	$4K	$10K	3x	as long as short