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: Binance against Gate+0.130%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1781.784% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.261%−$26 · spread now +0.130%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.120% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKL_USDT | 0.004630 | 0.0100 | pay 0.0050% / 4h | 29m 35s | $194K | $231K | 50x |
| Short | Binance SKLUSDT | 0.004636 | 0.0100 | get 0.0050% / 4h | 29m 35s | $2.8M | $8.7M | 50x |
Gate SKL_USDT
Binance SKLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.130% → +0.009%
- $12.03
- Slippage, 4 orders
- −$153.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$166.36
- Costs to cover
- 1.784%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; Binance: live order book, 10 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 Gate live order book, 22 min ago | 21.65 bp | 79.0 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.08 bp | 26.8 bp −$27 | 77.8 bp −$778 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKL-USDT | +0.0042% | 4h | 0.004609 | −0.454% | $184K | $39K | 50x | as long as short |
| Binance SKLUSDTshort | +0.0100% | 4h | 0.004636 | +0.130% | $2.8M | $8.7M | 50x | |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004637 | +0.151% | $899K | $993K | 25x | as long as short |
| Gate SKL_USDTlong | +0.0100% | 4h | 0.004630 | long leg | $194K | $231K | 50x | |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004637 | +0.151% | $395K | $194K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004640 | +0.216% | $829K | $353K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004633 | +0.065% | $495K | $857K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004636 | +0.130% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004641 | +0.231% | $712 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.1985% | 1h | 0.004647 | +0.371% | $5K | $5K | 10x | as long as short |
BloFin SKL-USDT
Bybit SKLUSDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD