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 −0.045%

Price spread now: BloFin against Bybit−0.166%7-day average +0.027% · 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−$172as in the Price arb table

costs, in and out, $10k−$1531.529% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.177%−$18 on $10k

Price spread, last 4 days (all we have)−0.083%−$8 · spread now −0.166%, 7d avg +0.027%

Together, before fees−0.260%−$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.194% cheaper against Bybit than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.027%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKRUSDT	0.02102	0.0100	pay 0.0050% / 4h	1h 22m	$4.7M	$10.4M	20x
Short	BloFin SKR-USDT	0.02099	−0.0140	pay 0.0070% / 4h	1h 22m	$241K	$166K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.166%Rate

Funding earned: −$50.4
Price spread: −0.166% → +0.027%: −$19.38
Slippage, 4 orders: −$129.87
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$222.66
Costs to cover: 1.529%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 54 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 Bybit live order book, 1 min ago	2.38 bp	42.3 bp −$42	133.3 bp −$1,333	doesn't fit	doesn't fit
Sell BloFin live order book, 54 min ago	2.57 bp	23.9 bp −$24	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-USDTshort	−0.0140%	4h	0.02099	−0.166%	$241K	$166K	20x
Backpack SKR_USDC_PERP	−0.0016%	1h	0.02099	−0.162%	$52K	$211K	5x	as long as short
Lighter SKR	+0.0096%	1h	0.02099	−0.157%	$8K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02103	+0.019%	$1.4M	$1.4M	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02100	−0.107%	$25K	$117K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02101	−0.084%	$3.7M	$27.1M	20x	as long as short
Bybit SKRUSDTlong	+0.0100%	4h	0.02102	long leg	$4.7M	$10.4M	20x
Gate SKR_USDT	+0.0100%	4h	0.02101	−0.081%	$995K	$1.6M	20x	as long as short
MEXC SKR_USDT	+0.0100%	4h	0.02101	−0.062%	$5.0M	$831K	20x	as long as short
KuCoin SKRUSDTM	+0.0100%	4h	0.02099	−0.138%	$637K	$1.4M	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	0.02101	−0.081%	$1.6M	$3.5M	20x	as long as short
BingX SKR-USDT	+0.0100%	4h	0.02102	−0.029%	—	$2.8M	—	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02093	−0.428%	$2K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02097	−0.247%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.0377%	1h	0.02102	+0.005%	$4K	$10K	3x	as long as short