Settings8H · net · $10k
Funding arb · Price arb /

SKR

all SKR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.031%
Price spread now: Bitget against BloFin−0.456%115s7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1311.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.201%+$20 on $10k
Price spread, last 4 days (all we have)+1.273%+$127 · spread now −0.456%, 7d avg −0.061%
Together, before fees+1.474%+$147 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.395% cheaper against BloFin than usual: you would sell low and buy high (spread −0.456% now, against its 7-day average of −0.061%). If the spread goes back, that is −$40 on $10k: about 5.5 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.201% in total) that is about 14 days. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKR-USDT0.02061−0.0140get 0.0070% / 4h1h 07m$229K$160K20x
ShortBitget SKRUSDT0.020510.0100get 0.0050% / 4h1h 07m$1.5M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$50.4
Price spread: −0.456% → −0.061%
−$39.51
Slippage, 4 orders
−$106.59
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$119.7
Costs to cover
1.306%
Break-even
23.6 days
Slippage from BloFin: live order book, 31 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 31 min ago0.24 bp30.3 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago7.02 bp45.1 bp −$45doesn't fitdoesn't fitdoesn't fit

SKR on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKR-USDTlong−0.0140%4h0.02061long leg$229K$160K20x
Lighter SKR+0.0096%1h0.02051−0.500%$9K$21K3xas long as short
Hyperliquid SKR+0.0100%1h0.02053−0.364%$1.3M$806K3xas long as short
Aster SKRUSDT+0.0100%4h0.02052−0.410%$27K$34K5xas long as short
Binance SKRUSDT+0.0100%4h0.02053−0.394%$3.5M$13.3M20xas long as short
Bybit SKRUSDT+0.0100%4h0.02053−0.369%$4.4M$5.3M20xas long as short
Gate SKR_USDT+0.0100%4h0.02054−0.335%$997K$558K20xas long as short
MEXC SKR_USDT+0.0100%4h0.02053−0.403%$4.3M$473K20xas long as short
KuCoin SKRUSDTM+0.0100%4h0.02053−0.383%$636K$724K20xas long as short
Bitget SKRUSDTshort+0.0100%4h0.02051−0.456%$1.5M$1.3M20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SKR-USDT+0.0100%4h0.02053−0.378%$2.3Mas long as short
SunX SKR-USDT+0.0100%4h0.02047−0.670%$1K$2.3M20xas long as short
HTX SKR-USDT+0.0100%4h0.02060−0.029%$13K$36K20xas long as short
Backpack SKR_USDC_PERP+0.0195%1h0.02055−0.272%$49K$193K5xas long as short
Phoenix SKR+0.1918%1h0.02064+0.170%$4K$10K3xas long as short