SKR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.057%

Price spread now: BloFin against MEXC+0.082%49s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as 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−$920.921% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.204%−$20 on $10k

Price spread, last 4 days (all we have)−0.320%−$32 · spread now +0.082%, 7d avg +0.034%

Together, before fees−0.525%−$52 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.049% dearer against MEXC than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.034%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days. At the pace of the last 7 days (−0.204% in total) that is about 40 hours. The two prices were read 49 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	MEXC SKR_USDT	0.02065	0.0100	pay 0.0050% / 4h	44m 16s	$4.9M	$801K	20x
Short	BloFin SKR-USDT	0.02066	0.0052	get 0.0026% / 4h	44m 16s	$228K	$164K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.082%Rate

Funding earned: −$10.08
Price spread: +0.082% → +0.034%: $4.86
Slippage, 4 orders: −$76.1
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$97.32
Costs to cover: 0.921%
Break-even: never at this rate

Slippage from MEXC: 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 MEXC live order book, 1 min ago	1.46 bp	8.3 bp −$8	53.7 bp −$537	364.4 bp −$36.4K	doesn't fit
Sell BloFin live order book, 54 min ago	1.67 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit

SKR on 15 exchanges

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	+0.0052%	4h	0.02066	+0.082%	$228K	$164K	20x
Lighter SKR	+0.0096%	1h	0.02063	−0.058%	$7K	$26K	3x	as long as short
Hyperliquid SKR	+0.0100%	1h	0.02064	−0.029%	$1.4M	$1.6M	3x	as long as short
Aster SKRUSDT	+0.0100%	4h	0.02067	+0.132%	$16K	$135K	5x	as long as short
Binance SKRUSDT	+0.0100%	4h	0.02066	+0.092%	$3.5M	$28.6M	20x	as long as short
Bybit SKRUSDT	+0.0100%	4h	0.02067	+0.131%	$4.4M	$11.0M	20x	as long as short
Gate SKR_USDT	+0.0100%	4h	0.02067	+0.121%	$967K	$1.7M	20x	as long as short
MEXC SKR_USDTlong	+0.0100%	4h	0.02065	long leg	$4.9M	$801K	20x
KuCoin SKRUSDTM	+0.0100%	4h	0.02066	+0.073%	$694K	$1.6M	20x	as long as short
Bitget SKRUSDT	+0.0100%	4h	0.02065	+0.044%	$1.6M	$3.6M	20x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SKR-USDT	+0.0100%	4h	0.02067	+0.097%	—	$2.8M	—	as long as short
Backpack SKR_USDC_PERP	+0.0100%	1h	0.02066	+0.068%	$55K	$205K	5x	as long as short
SunX SKR-USDT	+0.0100%	4h	0.02065	+0.019%	$2K	$3.2M	20x	as long as short
HTX SKR-USDT	+0.0100%	4h	0.02064	−0.019%	$14K	$40K	20x	as long as short
Phoenix SKR	+0.0386%	1h	0.02070	+0.271%	$3K	$11K	3x	as long as short