Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.218%
Price spread now: Bybit against Gate+0.241%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$267as in the Price arb table
costs, in and out, $10k−$2842.839% of the position
Funding, last 7 days+0.727%+$73 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.241%, 7d avg +0.067%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.174% dearer against Gate than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKL_USDT | 0.004570 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $194K | $245K | 50x |
| Short | Bybit SKLUSDT | 0.004581 | 0.0100 | get 0.0100% / 8h | 6h 31m | $899K | $1.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.241% → +0.067%
- $17.37
- Slippage, 4 orders
- −$257.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$266.55
- Costs to cover
- 2.839%
- Break-even
- never at this rate
Slippage from Gate: live order book, 30 min ago; Bybit: live order book, 4 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, 30 min ago | 10.90 bp | 78.4 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 6.55 bp | 68.1 bp −$68 | 293.7 bp −$2,937 | 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 | 0.004581 | +0.238% | $2.8M | $9.1M | 50x | as long as short |
| Bybit SKLUSDTshort | +0.0100% | 8h | 0.004581 | +0.241% | $899K | $1.0M | 25x | |
| Gate SKL_USDTlong | +0.0100% | 4h | 0.004570 | long leg | $194K | $245K | 50x | |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004579 | +0.197% | $399K | $207K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004574 | +0.088% | $821K | $349K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004572 | +0.044% | $500K | $955K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004575 | +0.109% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004585 | +0.335% | $702 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSD | +0.0597% | 1h | 0.004586 | +0.344% | $5K | $5K | 10x | as long as short |
Gate SKL_USDT
Bybit SKLUSDT
Binance SKLUSDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
Kraken Futures PF_SKLUSD