Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.098%
Price spread now: Bitget against Gate+0.043%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2212.212% of the position
Funding, last 7 days+0.222%+$22 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.043%, 7d avg +0.021%
=The price spread pays, funding is against you. Bitget is 0.023% dearer against Gate than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of +0.021%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 48 hours. Mind the row above: over the last 7 days funding on this pair paid +0.222%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKL_USDT | 0.004620 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $200K | $243K | 50x |
| Short | Bitget SKLUSDT | 0.004622 | 0.0062 | get 0.0031% / 4h | 3h 20m | $502K | $1.0M | 25x |
Gate SKL_USDT
Bitget SKLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$7.98
- Price spread: +0.043% → +0.021%
- $2.26
- Slippage, 4 orders
- −$194.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$226.93
- Costs to cover
- 2.212%
- Break-even
- never at this rate
Slippage from Gate: live order book, 46 min ago; Bitget: live order book, 1 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, 46 min ago | 21.83 bp | 97.4 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 8.65 bp | 24.0 bp −$24 | 101.2 bp −$1,012 | 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 SKLUSDT | −0.0077% | 8h | 0.004622 | +0.043% | $893K | $1.0M | 25x | as long as short |
| Bitget SKLUSDTshort | +0.0062% | 4h | 0.004622 | +0.043% | $502K | $1.0M | 25x | |
| BloFin SKL-USDT | +0.0087% | 4h | 0.004632 | +0.260% | $183K | $45K | 50x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004624 | +0.087% | $2.8M | $9.3M | 50x | as long as short |
| Gate SKL_USDTlong | +0.0100% | 4h | 0.004620 | long leg | $200K | $243K | 50x | |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004622 | +0.043% | $397K | $207K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004627 | +0.152% | $839K | $363K | 30x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004623 | +0.065% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004637 | +0.362% | $712 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.0398% | 1h | 0.004635 | +0.329% | $5K | $5K | 10x | as long as short |
Bybit SKLUSDT
BloFin SKL-USDT
Binance SKLUSDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD