SKR

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 +0.038%

Price spread now: Bybit against BloFin+0.660%102s7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$141as 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−$1581.584% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.171%+$17 on $10k

Price spread, last 3 days (all we have)−0.411%−$41 · spread now +0.660%, 7d avg −0.036%

Together, before fees−0.240%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.697% dearer against BloFin than usual: you sell high and buy low: +$70 more if the spread goes back to its 7-day average of −0.036%. The two prices were read 102 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	0.02135	−0.0140	get 0.0070% / 4h	3h 25m	$239K	$158K	20x
Short	Bybit SKRUSDT	0.02149	0.0100	get 0.0050% / 4h	3h 25m	$4.6M	$5.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.660%Rate

Funding earned: $50.4
Price spread: +0.660% → −0.036%: $69.69
Slippage, 4 orders: −$135.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$38.31
Costs to cover: 1.584%
Break-even: 12.3 days

Slippage from BloFin: live order book, 40 min ago; Bybit: live order book, 2 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, 40 min ago	5.88 bp	31.7 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.58 bp	47.8 bp −$48	143.9 bp −$1,439	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	0.02135	long leg	$239K	$158K	20x
BingX SKR-USDT	+0.0070%	4h	0.02149	+0.646%	—	$2.4M	—	as long as short
Lighter SKR	+0.0096%	1h	0.02143	+0.384%	$9K	$22K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02151	+0.745%	$1.4M	$720K	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02140	+0.227%	$27K	$32K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02149	+0.661%	$3.7M	$12.4M	20x	as long as short
Bybit SKRUSDTshort	+0.0100%	4h	0.02149	+0.660%	$4.6M	$5.0M	20x
Gate SKR_USDT	+0.0100%	4h	0.02145	+0.459%	$1.0M	$530K	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02150	+0.693%	$4.4M	$464K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02147	+0.553%	$695K	$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	0.02149	+0.660%	$1.5M	$1.2M	20x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02134	−0.047%	$2K	$2.3M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02117	−0.834%	$14K	$36K	20x	as long as short
Backpack SKR_USDC_PERP	+0.0559%	1h	0.02140	+0.220%	$54K	$196K	5x	as long as short
Phoenix SKR	+0.1502%	1h	0.02137	+0.084%	$4K	$10K	3x	as long as short