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: BingX against BloFin−0.065%51s7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as 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−$1371.366% of the position

Long on BloFin Short on BingX

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)+0.374%+$37 · spread now −0.065%, 7d avg −0.006%

Together, before fees+0.576%+$58 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.059% cheaper against BloFin than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.006%). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.202% in total) that is about 2.0 days. The two prices were read 51 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	BloFin SKR-USDT	0.02160	−0.0140	get 0.0070% / 4h	3h 46m	$238K	$172K	20x
Short	BingX SKR-USDT	0.02159	0.0100	get 0.0050% / 4h	3h 46m	—	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.065%Rate

Funding earned: $50.4
Price spread: −0.065% → −0.006%: −$5.86
Slippage, 4 orders: −$114.61
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$92.07
Costs to cover: 1.366%
Break-even: 19.8 days

Slippage from BloFin: live order book, 45 min ago; BingX: live order book, 3 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 BloFin live order book, 45 min ago	5.94 bp	27.9 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	4.38 bp	33.8 bp −$34	157.7 bp −$1,577	546.1 bp −$54.6K	1060.3 bp −$530.1K

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-USDTlong	−0.0140%	4h	0.02160	long leg	$238K	$172K	20x
Lighter SKR	+0.0096%	1h	0.02156	−0.222%	$9K	$20K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02160	−0.023%	$1.4M	$818K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02159	−0.062%	$28K	$38K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02158	−0.127%	$3.7M	$13.7M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02156	−0.185%	$4.6M	$5.4M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02158	−0.130%	$4.5M	$478K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02159	−0.037%	$662K	$736K	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02157	−0.148%	$1.5M	$1.3M	20x	as long as short
BingX SKR-USDTshort	+0.0100%	4h	0.02159	−0.065%	—	$2.4M	—

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKR-USDT	+0.0100%	4h	0.02155	−0.227%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02164	+0.181%	$14K	$35K	20x	as long as short
Gate SKR_USDT	+0.0392%	4h	0.02160	−0.023%	$1.1M	$573K	20x	as long as short
Phoenix SKR	+0.0747%	1h	0.02165	+0.218%	$4K	$10K	3x	as long as short
Backpack SKR_USDC_PERP	+0.0859%	1h	0.02159	−0.083%	$52K	$185K	5x	as long as short