Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.045%
Price spread now: SunX against BloFin−0.024%55s7-day average −0.181% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as 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−$1921.916% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.024%, 7d avg −0.181%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SunX is 0.157% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.181%. The two prices were read 55 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 | 0.02094 | −0.0140 | get 0.0070% / 4h | 56m 05s | $243K | $164K | 20x |
| Short | SunX SKR-USDT | 0.02094 | 0.0100 | get 0.0050% / 4h | 56m 05s | $2K | $3.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.024% → −0.181%
- $15.71
- Slippage, 4 orders
- −$171.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$125.54
- Costs to cover
- 1.916%
- Break-even
- 24.4 days
Slippage from BloFin: live order book, 15 min ago; SunX: live order book, 12 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, 15 min ago | 2.36 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 30.39 bp | 53.9 bp −$54 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack SKR_USDC_PERP | −0.0267% | 1h | 0.02097 | +0.119% | $52K | $213K | 5x | as long as short |
| BloFin SKR-USDTlong | −0.0140% | 4h | 0.02094 | long leg | $243K | $164K | 20x | |
| Hyperliquid SKR | +0.0068% | 1h | 0.02096 | +0.076% | $1.4M | $1.4M | 3x | as long as short |
| Lighter SKR | +0.0096% | 1h | 0.02095 | +0.048% | $8K | $26K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02094 | −0.001% | $25K | $118K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02095 | +0.043% | $3.7M | $27.4M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02098 | +0.172% | $4.7M | $10.6M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02098 | +0.181% | $993K | $1.7M | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02096 | +0.062% | $5.0M | $830K | 20x | as long as short |
| KuCoin SKRUSDTM | +0.0100% | 4h | 0.02096 | +0.067% | $732K | $1.5M | 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 | 0.02098 | +0.191% | $1.6M | $3.5M | 20x | as long as short |
| BingX SKR-USDT | +0.0100% | 4h | 0.02095 | +0.048% | — | $2.8M | — | as long as short |
| SunX SKR-USDTshort | +0.0100% | 4h | 0.02094 | −0.024% | $2K | $3.2M | 20x | |
| HTX SKR-USDT | +0.0100% | 4h | 0.02093 | −0.072% | $14K | $40K | 20x | as long as short |
| Phoenix SKR | +0.0377% | 1h | 0.02098 | +0.196% | $4K | $10K | 3x | as long as short |
BloFin SKR-USDT
SunX SKR-USDT
Backpack SKR_USDC_PERP
Hyperliquid SKR
Lighter SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
KuCoin SKRUSDTM
Bitget SKRUSDT
BingX SKR-USDT
HTX SKR-USDT
Phoenix SKR