Funding you earn now, next payment 08:00 UTC+0.3230%/8h= +353.7% APRnext payment +$32.30 per $10,000 · paid last 24h −0.093%
Price spread now: MEXC against Gate+0.145%7-day average −0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$804as in the Funding arb table
Net, price: spread back to 7d avg − costs−$738as in the Price arb table
costs, in and out, $10k−$7687.680% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.145%, 7d avg −0.156%
=Both sides work for this trade now. Funding pays +$97 a day on $10k at the current rate, and MEXC is 0.302% dearer against Gate than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of −0.156%. Mind the row above: over the last 7 days funding on this pair cost −0.356%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.356% in total (about -18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$32.30 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 | Gate SKDD_USDT | 6.8790 | 0 | get 0.0000% / 8h | 2h 58m | $117K | $27K | 20x |
| Short | MEXC SKDD_USDT | 6.8890 | 0.3230 | get 0.3230% / 8h | 2h 58m | $858K | $130K | 20x |
Gate SKDD_USDT
MEXC SKDD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $678.3
- Price spread: +0.145% → −0.156%
- $30.18
- Slippage, 4 orders
- −$753.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$59.56
- Costs to cover
- 7.680%
- Break-even
- 7.6 days
Slippage from Gate: live order book, 47 min ago; MEXC: live order book, 47 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 Gate live order book, 47 min ago | 42.84 bp | 207.9 bp −$208 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 47 min ago | 16.34 bp | 65.1 bp −$65 | 156.3 bp −$1,563 | 189.0 bp −$18.9K | 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 SKDDUSDC | −0.0322% | 4h | 6.8904 | +0.166% | $8K | $163K | 10x | as long as short |
| Binance SKDDUSDT | 0.0000% | 8h | 6.8875 | +0.123% | $333K | $1.1M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.8900 | +0.160% | $56K | $152K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 6.9000 | +0.305% | $389K | $844K | 20x | as long as short |
| Gate SKDD_USDTlong | 0.0000% | 8h | 6.8790 | long leg | $117K | $27K | 20x | |
| Phemex SKDDUSDT | 0.0000% | 8h | 6.8800 | +0.015% | $670K | $88K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 6.9060 | +0.392% | $2K | $66K | 20x | as long as short |
| Bitget SKDDUSDT | +0.0988% | 8h | 6.8780 | −0.015% | $178K | $181K | 20x | as long as short |
| MEXC SKDD_USDTshort | +0.3230% | 8h | 6.8890 | +0.145% | $858K | $130K | 20x |
edgeX SKDDUSDC
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Phemex SKDDUSDT
HTX SKDD-USDT
Bitget SKDDUSDT