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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1311.306% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKR-USDT | 0.02061 | −0.0140 | get 0.0070% / 4h | 1h 07m | $229K | $160K | 20x |
| Short | Bitget SKRUSDT | 0.02051 | 0.0100 | get 0.0050% / 4h | 1h 07m | $1.5M | $1.3M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 31 min ago | 0.24 bp | 30.3 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.02 bp | 45.1 bp −$45 | 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-USDTlong | −0.0140% | 4h | 0.02061 | long leg | $229K | $160K | 20x | |
| Lighter SKR | +0.0096% | 1h | 0.02051 | −0.500% | $9K | $21K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02053 | −0.364% | $1.3M | $806K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02052 | −0.410% | $27K | $34K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02053 | −0.394% | $3.5M | $13.3M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02053 | −0.369% | $4.4M | $5.3M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02054 | −0.335% | $997K | $558K | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02053 | −0.403% | $4.3M | $473K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02053 | −0.383% | $636K | $724K | 20x | as long as short |
| Bitget SKRUSDTshort | +0.0100% | 4h | 0.02051 | −0.456% | $1.5M | $1.3M | 20x |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SKR-USDT | +0.0100% | 4h | 0.02053 | −0.378% | — | $2.3M | — | as long as short |
| SunX SKR-USDT | +0.0100% | 4h | 0.02047 | −0.670% | $1K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02060 | −0.029% | $13K | $36K | 20x | as long as short |
| Backpack SKR_USDC_PERP | +0.0195% | 1h | 0.02055 | −0.272% | $49K | $193K | 5x | as long as short |
| Phoenix SKR | +0.1918% | 1h | 0.02064 | +0.170% | $4K | $10K | 3x | as long as short |
BloFin SKR-USDT
Bitget SKRUSDT
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
KuCoin SKRUSDTM
BingX SKR-USDT
SunX SKR-USDT
HTX SKR-USDT
Backpack SKR_USDC_PERP
Phoenix SKR