Funding you earn now, next payment 12:00 UTC+0.0282%/8h= +30.9% APRpaid last 24h +0.059%
Price spread now: Gate against edgeX+0.523%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$375as in the Price arb table
costs, in and out, $10k−$4164.160% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.412%+$41 · spread now +0.523%, 7d avg +0.117%
=Together, before fees+0.574%+ Points / potential airdropedgeX: Active · farm board+$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.405% dearer against edgeX than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.117%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% 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 | 7.0740 | −0.0282 | get 0.0141% / 4h | 3h 03m | $8K | $163K | 10x |
| Short | Gate SKDD_USDT | 7.1110 | 0 | get 0.0000% / 8h | 7h 03m | $121K | $31K | 20x |
edgeX SKDDUSDC
Gate SKDD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $59.32
- Price spread: +0.523% → +0.117%
- $40.54
- Slippage, 4 orders
- −$391.96
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$316.11
- Costs to cover
- 4.160%
- Break-even
- 44.3 days
Slippage from edgeX: live order book, 28 min ago; Gate: live order book, 22 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, 28 min ago | 8.98 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 24.85 bp | 186.0 bp −$186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKDDUSDClong | −0.0282% | 4h | 7.0740 | long leg | $8K | $163K | 10x | |
| Binance SKDDUSDT | 0.0000% | 8h | 7.0998 | +0.364% | $341K | $1.3M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 7.0900 | +0.226% | $55K | $182K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.0990 | +0.353% | $379K | $1.1M | 20x | as long as short |
| Gate SKDD_USDTshort | 0.0000% | 8h | 7.1110 | +0.523% | $121K | $31K | 20x | |
| Phemex SKDDUSDT | 0.0000% | 8h | 7.0800 | +0.085% | $696K | $104K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 7.1060 | +0.452% | $3K | $39K | 20x | as long as short |
| Bitget SKDDUSDT | +0.2168% | 8h | 7.0790 | +0.070% | $192K | $253K | 20x | as long as short |
| MEXC SKDD_USDT | +0.2177% | 8h | 7.0940 | +0.283% | $869K | $136K | 20x | as long as short |
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Phemex SKDDUSDT
HTX SKDD-USDT
Bitget SKDDUSDT
MEXC SKDD_USDT