Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%
Price spread now: Binance against Bitget−0.035%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days−0.215%−$22 on $10k
+Price spread, last 4 days (all we have)−0.397%−$40 · spread now −0.035%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.023% cheaper against Bitget than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKLUSDT | 0.004636 | 0.0100 | pay 0.0050% / 4h | 52m 46s | $498K | $882K | 25x |
| Short | Binance SKLUSDT | 0.004634 | 0.0100 | get 0.0050% / 4h | 52m 46s | $2.8M | $8.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.035% → −0.013%
- −$2.26
- Slippage, 4 orders
- −$92.28
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.55
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 38 min ago; Binance: live order book, 2 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 Bitget live order book, 38 min ago | 5.35 bp | 27.9 bp −$28 | 123.0 bp −$1,230 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.15 bp | 30.5 bp −$30 | 83.7 bp −$837 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKLUSDTshort | +0.0100% | 4h | 0.004634 | −0.035% | $2.8M | $8.8M | 50x | |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004639 | +0.065% | $898K | $1.0M | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004640 | +0.086% | $193K | $228K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004636 | 0.000% | $398K | $192K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004639 | +0.065% | $829K | $355K | 30x | as long as short |
| Bitget SKLUSDTlong | +0.0100% | 4h | 0.004636 | long leg | $498K | $882K | 25x | |
| BingX SKL-USDT | +0.0100% | 4h | 0.004641 | +0.108% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004654 | +0.393% | $714 | $1K | — | as long as short |
| BloFin SKL-USDT | +0.0133% | 4h | 0.004646 | +0.216% | $186K | $43K | 50x | as long as short |
| Kraken Futures PF_SKLUSD | +0.1982% | 1h | 0.004655 | +0.402% | $5K | $5K | 10x | as long as short |
Bitget SKLUSDT
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
Variational Omni SKL
BloFin SKL-USDT
Kraken Futures PF_SKLUSD