Funding you earn now, next payment 08:00 UTC+0.0495%/8h= +54.2% APRpaid last 24h +0.046%
Price spread now: edgeX against Bitget−0.250%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1351.349% of the position
Funding, last 7 days+0.241%+$24 on $10k
+Price spread, last 4 days (all we have)−0.254%−$25 · spread now −0.250%, 7d avg −0.013%
=Together, before fees−0.013%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.237% cheaper against Bitget than usual: you would sell low and buy high (spread −0.250% now, against its 7-day average of −0.013%). If the spread goes back, that is −$24 on $10k: about 38 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.241% in total) that is about 6.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.241% in total (about 12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKDDUSDT | 6.6880 | −0.0538 | get 0.0538% / 8h | 3h 52m | $184K | $171K | 20x |
| Short | edgeX SKDDUSDC | 6.6713 | −0.0043 | pay 0.0021% / 4h | 3h 52m | $8K | $162K | 10x |
Bitget SKDDUSDT
edgeX SKDDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $104.03
- Price spread: −0.250% → −0.013%
- −$23.74
- Slippage, 4 orders
- −$113.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$54.63
- Costs to cover
- 1.349%
- Break-even
- 10.7 days
Slippage from Bitget: live order book, 57 min ago; edgeX: live order book, 64 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, 57 min ago | 6.83 bp | 47.3 bp −$47 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 12.17 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
SKDD 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKDD_USDT | −0.0565% | 8h | 6.6790 | −0.135% | $824K | $116K | 20x | as long as short |
| Bitget SKDDUSDTlong | −0.0538% | 8h | 6.6880 | long leg | $184K | $171K | 20x | |
| edgeX SKDDUSDCshort | −0.0043% | 4h | 6.6713 | −0.250% | $8K | $162K | 10x | |
| Binance SKDDUSDT | 0.0000% | 8h | 6.6900 | +0.030% | $336K | $1.0M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.6900 | +0.030% | $56K | $146K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 6.6930 | +0.075% | $386K | $789K | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 6.6950 | +0.105% | $119K | $24K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 6.6800 | −0.120% | $649K | $83K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 6.6810 | −0.105% | $2K | $73K | 20x | as long as short |
MEXC SKDD_USDT
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT