Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.124%
Price spread now: Gate against BingX−0.109%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2102.097% of the position
Funding, last 7 days−1.299%−$130 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.109%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.068% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SKL-USDT | 0.004605 | 0.0100 | pay 0.0050% / 4h | 2h 08m | — | $2.3M | — |
| Short | Gate SKL_USDT | 0.004600 | 0.0100 | get 0.0050% / 4h | 2h 08m | $194K | $247K | 50x |
BingX SKL-USDT
Gate SKL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: −0.109% → −0.040%
- −$6.85
- Slippage, 4 orders
- −$184.69
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$216.54
- Costs to cover
- 2.097%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 53 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 BingX live order book, 11 min ago | 5.43 bp | 28.4 bp −$28 | 65.5 bp −$655 | 596.2 bp −$59.6K | 1010.0 bp −$505.0K |
| Sell Gate live order book, 53 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 SKLUSDT | +0.0100% | 4h | 0.004608 | +0.055% | $2.8M | $9.1M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004610 | +0.109% | $904K | $1.0M | 25x | as long as short |
| Gate SKL_USDTshort | +0.0100% | 4h | 0.004600 | −0.109% | $194K | $247K | 50x | |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004608 | +0.065% | $402K | $209K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004600 | −0.109% | $826K | $346K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004610 | +0.109% | $502K | $927K | 25x | as long as short |
| BingX SKL-USDTlong | +0.0100% | 4h | 0.004605 | long leg | — | $2.3M | — | |
| Variational Omni SKL | +0.0100% | 8h | 0.004600 | −0.115% | $706 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.0593% | 1h | 0.004615 | +0.216% | $5K | $5K | 10x | as long as short |
Binance SKLUSDT
Bybit SKLUSDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
Variational Omni SKL
Kraken Futures PF_SKLUSD