Funding you earn now, next payment 08:00 UTC+0.0538%/8h= +58.9% APRnext payment +$5.38 per $10,000 · paid last 24h +0.030%
Price spread now: Gate against Bitget+0.105%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$552as in the Price arb table
costs, in and out, $10k−$5535.525% of the position
Funding, last 7 days+0.352%+$35 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now +0.105%, 7d avg +0.100%
=The price spread sits at its 7-day average of +0.100%, so right now this pair is about funding alone: +$16 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.352% in total (about 18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.38 per $10,000. 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 | Gate SKDD_USDT | 6.6950 | 0 | get 0.0000% / 8h | 3h 52m | $119K | $24K | 20x |
Bitget SKDDUSDT
Gate SKDD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $112.98
- Price spread: +0.105% → +0.100%
- $0.49
- Slippage, 4 orders
- −$525.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$439.06
- Costs to cover
- 5.525%
- Break-even
- 34.2 days
Slippage from Bitget: live order book, 57 min ago; Gate: live order book, 57 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 Gate live order book, 57 min ago | 16.67 bp | 187.2 bp −$187 | 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 SKDDUSDC | −0.0043% | 4h | 6.6713 | −0.250% | $8K | $162K | 10x | as long as short |
| 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_USDTshort | 0.0000% | 8h | 6.6950 | +0.105% | $119K | $24K | 20x | |
| 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
edgeX SKDDUSDC
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Phemex SKDDUSDT
HTX SKDD-USDT