Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.015%
Price spread now: Bitget against Binance+0.016%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1101.098% of the position
Funding, last 7 days+0.215%+$21 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.016%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.215%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKLUSDT | 0.004580 | 0.0100 | pay 0.0050% / 4h | 8m 23s | $2.8M | $9.6M | 50x |
| Short | Bitget SKLUSDT | 0.004581 | 0.0068 | get 0.0034% / 4h | 8m 23s | $502K | $1.0M | 25x |
Binance SKLUSDT
Bitget SKLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$6.72
- Price spread: +0.016% → +0.012%
- $0.38
- Slippage, 4 orders
- −$87.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$116.16
- Costs to cover
- 1.098%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 3 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 Binance live order book, 1 min ago | 2.18 bp | 26.3 bp −$26 | 84.7 bp −$847 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 9.85 bp | 24.4 bp −$24 | 99.0 bp −$990 | doesn't fit | doesn't fit |
SKL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKLUSDT | −0.0097% | 8h | 0.004583 | +0.059% | $882K | $1.1M | 25x | as long as short |
| Variational Omni SKL | +0.0047% | 8h | 0.004573 | −0.163% | $703 | $1K | — | as long as short |
| Bitget SKLUSDTshort | +0.0068% | 4h | 0.004581 | +0.016% | $502K | $1.0M | 25x | |
| Binance SKLUSDTlong | +0.0100% | 4h | 0.004580 | long leg | $2.8M | $9.6M | 50x | |
| Gate SKL_USDT | +0.0100% | 4h | 0.004580 | −0.006% | $208K | $245K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004580 | −0.006% | $385K | $212K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004579 | −0.028% | $834K | $369K | 30x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004577 | −0.072% | — | $2.3M | — | as long as short |
| BloFin SKL-USDT | +0.0132% | 4h | 0.004571 | −0.203% | $182K | $44K | 50x | as long as short |
| Kraken Futures PF_SKLUSD | +0.0357% | 1h | 0.004586 | +0.133% | $5K | $6K | 10x | as long as short |
Bybit SKLUSDT
Variational Omni SKL
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
BloFin SKL-USDT
Kraken Futures PF_SKLUSD