Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Gate−0.113%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$609as in the Funding arb table
Net, price: spread back to 7d avg − costs−$606as in the Price arb table
costs, in and out, $10k−$6096.091% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now −0.113%, 7d avg −0.147%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.034% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.147%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKDD_USDT | 7.0980 | 0 | get 0.0000% / 8h | 7h 01m | $121K | $31K | 20x |
| Short | Phemex SKDDUSDT | 7.0900 | 0 | get 0.0000% / 8h | 7h 01m | $697K | $105K | 20x |
Gate SKDD_USDT
Phemex SKDDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.113% → −0.147%
- $3.4
- Slippage, 4 orders
- −$582.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$605.68
- Costs to cover
- 6.091%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; Phemex: live order book, 31 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, 24 min ago | 24.85 bp | 179.3 bp −$179 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 31 min ago | 6.91 bp | 123.7 bp −$124 | 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 SKDDUSDC | −0.0282% | 4h | 7.0740 | −0.338% | $8K | $163K | 10x | as long as short |
| Binance SKDDUSDT | 0.0000% | 8h | 7.0725 | −0.360% | $340K | $1.3M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 7.0800 | −0.254% | $55K | $182K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.0690 | −0.409% | $378K | $1.0M | 20x | as long as short |
| Gate SKDD_USDTlong | 0.0000% | 8h | 7.0980 | long leg | $121K | $31K | 20x | |
| Phemex SKDDUSDTshort | 0.0000% | 8h | 7.0900 | −0.113% | $697K | $105K | 20x | |
| HTX SKDD-USDT | +0.0100% | 8h | 7.1060 | +0.113% | $2K | $39K | 20x | as long as short |
| Bitget SKDDUSDT | +0.2145% | 8h | 7.0550 | −0.606% | $193K | $254K | 20x | as long as short |
| MEXC SKDD_USDT | +0.2158% | 8h | 7.0810 | −0.240% | $867K | $136K | 20x | as long as short |
edgeX SKDDUSDC
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
HTX SKDD-USDT
Bitget SKDDUSDT
MEXC SKDD_USDT