Funding you earn now, next payment 08:00 UTC+0.2797%/8h= +306.3% APRpaid last 24h −0.046%
Price spread now: Bitget against edgeX−0.360%64s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1371.366% of the position
Funding, last 7 days−0.241%−$24 on $10k
+Price spread, last 4 days (all we have)+0.546%+$55 · spread now −0.360%, 7d avg +0.014%
=Together, before fees+0.305%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.374% cheaper against edgeX than usual: you would sell low and buy high (spread −0.360% now, against its 7-day average of +0.014%). If the spread goes back, that is −$37 on $10k: about 11 hours of funding at the current rate (+$84 a day). Mind the row above: over the last 7 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
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 | edgeX SKDDUSDC | 7.0414 | −0.0352 | get 0.0176% / 4h | 1h 34m | $8K | $162K | 10x |
| Short | Bitget SKDDUSDT | 7.0160 | 0.2445 | get 0.2445% / 8h | 1h 34m | $185K | $201K | 20x |
edgeX SKDDUSDC
Bitget SKDDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $587.33
- Price spread: −0.360% → +0.014%
- −$37.43
- Slippage, 4 orders
- −$115.6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $413.3
- Costs to cover
- 1.366%
- Break-even
- 2.1 days
Slippage from edgeX: live order book, 7 min ago; Bitget: live order book, 65 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 edgeX live order book, 7 min ago | 16.38 bp | 31.3 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 65 min ago | 5.03 bp | 21.1 bp −$21 | 48.4 bp −$484 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKDDUSDClong | −0.0352% | 4h | 7.0414 | long leg | $8K | $162K | 10x | |
| Binance SKDDUSDT | 0.0000% | 8h | 7.0420 | +0.009% | $348K | $1.2M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 7.0700 | +0.407% | $57K | $154K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.0570 | +0.222% | $399K | $939K | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 7.0580 | +0.236% | $120K | $28K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 7.0300 | −0.161% | $687K | $93K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 7.0250 | −0.232% | $2K | $50K | 20x | as long as short |
| MEXC SKDD_USDT | +0.2424% | 8h | 7.0310 | −0.147% | $872K | $132K | 20x | as long as short |
| Bitget SKDDUSDTshort | +0.2445% | 8h | 7.0160 | −0.360% | $185K | $201K | 20x |
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
MEXC SKDD_USDT