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 +0.046%

Price spread now: Gate against BloFin+0.005%48s7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$180as 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−$2012.014% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.212%+$21 on $10k

Price spread, last 4 days (all we have)+0.135%+$13 · spread now +0.005%, 7d avg −0.057%

Together, before fees+0.347%+$35 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 Gate is 0.061% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.057%. The two prices were read 48 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	0.02112	−0.0140	get 0.0070% / 4h	16m 16s	$240K	$165K	20x
Short	Gate SKR_USDT	0.02112	0.0100	get 0.0050% / 4h	16m 16s	$998K	$1.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.005%Rate

Funding earned: $50.4
Price spread: +0.005% → −0.057%: $6.15
Slippage, 4 orders: −$174.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$144.88
Costs to cover: 2.014%
Break-even: 27.1 days

Slippage from BloFin: live order book, 55 min ago; Gate: live order book, 1 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, 55 min ago	2.36 bp	17.7 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	9.22 bp	76.1 bp −$76	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	0.02112	long leg	$240K	$165K	20x
Lighter SKR	+0.0096%	1h	0.02114	+0.090%	$8K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02113	+0.033%	$1.3M	$1.4M	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02110	−0.087%	$26K	$118K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02109	−0.149%	$3.7M	$27.6M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02107	−0.218%	$4.7M	$10.6M	20x	as long as short
Gate SKR_USDTshort	+0.0100%	4h	0.02112	+0.005%	$998K	$1.7M	20x
MEXC SKR_USDT	+0.0100%	4h	0.02110	−0.109%	$5.0M	$835K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02112	−0.019%	$769K	$1.5M	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02112	−0.024%	$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-USDT	+0.0100%	4h	0.02107	−0.227%	—	$2.8M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02116	+0.175%	$53K	$211K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02105	−0.355%	$2K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02107	−0.265%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.1148%	1h	0.02097	−0.705%	$4K	$10K	3x	as long as short