Funding you earn now, next payment 00:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.092%
Price spread now: Gate against Bybit+0.022%7-day average −0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2642.639% of the position
Funding, last 7 days−0.745%−$75 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.022%, 7d avg −0.068%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.090% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.745%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKLUSDT | 0.004579 | −0.0132 | get 0.0132% / 8h | 27m 37s | $878K | $1.1M | 25x |
| Short | Gate SKL_USDT | 0.004580 | 0.0100 | get 0.0050% / 4h | 27m 37s | $209K | $244K | 50x |
Bybit SKLUSDT
Gate SKL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $48.68
- Price spread: +0.022% → −0.068%
- $8.97
- Slippage, 4 orders
- −$237.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$206.22
- Costs to cover
- 2.639%
- Break-even
- 36.7 days
Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 44 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 Bybit live order book, 3 min ago | 2.18 bp | 67.6 bp −$68 | 567.2 bp −$5,672 | doesn't fit | doesn't fit |
| Sell Gate live order book, 44 min ago | 11.02 bp | 61.3 bp −$61 | doesn't fit | 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 SKLUSDTlong | −0.0132% | 8h | 0.004579 | long leg | $878K | $1.1M | 25x | |
| Variational Omni SKL | 0.0000% | 8h | 0.004577 | −0.044% | $703 | $1K | — | as long as short |
| Bitget SKLUSDT | +0.0022% | 4h | 0.004575 | −0.087% | $502K | $1.1M | 25x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004574 | −0.116% | $2.8M | $9.7M | 50x | as long as short |
| Gate SKL_USDTshort | +0.0100% | 4h | 0.004580 | +0.022% | $209K | $244K | 50x | |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004574 | −0.109% | $386K | $210K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004575 | −0.087% | $834K | $375K | 30x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004577 | −0.044% | — | $2.3M | — | as long as short |
| BloFin SKL-USDT | +0.0105% | 4h | 0.004578 | −0.022% | $184K | $44K | 50x | as long as short |
| Kraken Futures PF_SKLUSD | +0.0357% | 1h | 0.004583 | +0.082% | $5K | $6K | 10x | as long as short |
Variational Omni SKL
Bitget SKLUSDT
Binance SKLUSDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
BloFin SKL-USDT
Kraken Futures PF_SKLUSD