Funding you earn now, next payment 08:00 UTC+0.1091%/8h= +119.5% APRnext payment +$10.91 per $10,000 · paid last 24h +0.030%
Price spread now: OKX against Bitget+0.182%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1911.913% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.182%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and OKX is 0.149% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.298% in total (about 15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.91 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 | 6.5820 | −0.1091 | get 0.1091% / 8h | 4h 42m | $180K | $165K | 20x |
| Short | OKX SKDD-USDT-SWAP | 6.5940 | 0 | get 0.0000% / 8h | 4h 42m | $382K | $761K | 20x |
Bitget SKDDUSDT
OKX SKDD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $229.11
- Price spread: +0.182% → +0.033%
- $14.91
- Slippage, 4 orders
- −$169.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $52.72
- Costs to cover
- 1.913%
- Break-even
- 5.4 days
Slippage from Bitget: live order book, 7 min ago; OKX: live order book, 13 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, 7 min ago | 6.83 bp | 47.3 bp −$47 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell OKX live order book, 13 min ago | 3.80 bp | 58.3 bp −$58 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKDDUSDTlong | −0.1091% | 8h | 6.5820 | long leg | $180K | $165K | 20x | |
| edgeX SKDDUSDC | −0.0998% | 4h | 6.5994 | +0.264% | $8K | $163K | 10x | as long as short |
| Binance SKDDUSDT | 0.0000% | 8h | 6.5843 | +0.035% | $333K | $1.0M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.5900 | +0.122% | $54K | $152K | 25x | as long as short |
| OKX SKDD-USDT-SWAPshort | 0.0000% | 8h | 6.5940 | +0.182% | $382K | $761K | 20x | |
| Gate SKDD_USDT | 0.0000% | 8h | 6.6030 | +0.319% | $117K | $24K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 6.5700 | −0.182% | $637K | $81K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 6.6150 | +0.501% | $2K | $78K | 20x | as long as short |
| MEXC SKDD_USDT | +0.0181% | 8h | 6.5940 | +0.182% | $814K | $117K | 20x | as long as short |
edgeX SKDDUSDC
Binance SKDDUSDT
Bybit SKDDUSDT
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
MEXC SKDD_USDT