Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Phemex against HTX−0.316%7-day average −0.180% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.180%+$18 · spread now −0.316%, 7d avg −0.180%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Phemex is 0.136% cheaper against HTX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.180%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKDD-USDT | 6.6410 | 0.0100 | pay 0.0100% / 8h | 7h 54m | $2K | $108K | 20x |
| Short | Phemex SKDDUSDT | 6.6200 | 0 | get 0.0000% / 8h | 7h 54m | $637K | $78K | 20x |
HTX SKDD-USDT
Phemex SKDDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against HTX. 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
- −$21
- Price spread: −0.316% → −0.180%
- −$13.58
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$58.58
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 16 min ago; Phemex: live order book, 18 min ago. Net counts fees only.
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 HTX live order book, 16 min ago | 164.01 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 18 min ago | 7.33 bp | 136.7 bp −$137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKDD_USDT | −0.3052% | 8h | 6.6290 | −0.181% | $820K | $116K | 20x | as long as short |
| edgeX SKDDUSDC | −0.0876% | 4h | 6.6874 | +0.699% | $8K | $162K | 10x | as long as short |
| Binance SKDDUSDT | −0.0420% | 8h | 6.6160 | −0.376% | $311K | $962K | 20x | as long as short |
| Bitget SKDDUSDT | −0.0355% | 8h | 6.6110 | −0.452% | $179K | $127K | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.6200 | −0.316% | $57K | $153K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 6.6270 | −0.211% | $361K | $632K | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 6.6830 | +0.632% | $115K | $19K | 20x | as long as short |
| Phemex SKDDUSDTshort | 0.0000% | 8h | 6.6200 | −0.316% | $637K | $78K | 20x | |
| HTX SKDD-USDTlong | +0.0100% | 8h | 6.6410 | long leg | $2K | $108K | 20x |
MEXC SKDD_USDT
edgeX SKDDUSDC
Binance SKDDUSDT
Bitget SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT