Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.126%
Price spread now: Gate against Binance−0.131%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2042.036% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.131%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.123% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKLUSDT | 0.004586 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $2.8M | $9.1M | 50x |
| Short | Gate SKL_USDT | 0.004580 | 0.0100 | get 0.0050% / 4h | 2h 30m | $195K | $245K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.131% → −0.008%
- −$12.28
- Slippage, 4 orders
- −$178.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$215.88
- Costs to cover
- 2.036%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 31 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, 9 min ago | 1.10 bp | 22.6 bp −$23 | 77.5 bp −$775 | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 10.90 bp | 73.3 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
SKL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKLUSDTlong | +0.0100% | 4h | 0.004586 | long leg | $2.8M | $9.1M | 50x | |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004586 | 0.000% | $900K | $1.0M | 25x | as long as short |
| Gate SKL_USDTshort | +0.0100% | 4h | 0.004580 | −0.131% | $195K | $245K | 50x | |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004586 | 0.000% | $399K | $207K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004582 | −0.087% | $822K | $349K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004588 | +0.044% | $502K | $955K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004585 | −0.022% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004585 | −0.015% | $702 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.0595% | 1h | 0.004597 | +0.231% | $5K | $5K | 10x | as long as short |
Binance SKLUSDT
Gate SKL_USDT
Bybit SKLUSDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD