Funding you earn now, next payment 08:00 UTC−0.2499%/8h= −273.6% APRnext payment −$24.99 per $10,000 · paid last 24h +0.093%
Price spread now: Gate against MEXC+0.409%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$732as in the Funding arb table
Net, price: spread back to 7d avg − costs−$743as 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)−0.253%−$25 · spread now +0.409%, 7d avg +0.156%
=The price spread pays, funding is against you. Gate is 0.253% dearer against MEXC than usual: you sell high and buy low (spread +0.409% now, against its 7-day average of +0.156%): +$25 on $10k if it goes back. Holding the pair costs −$75 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you.
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 −$24.99 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 | MEXC SKDD_USDT | 6.8430 | 0.2499 | pay 0.2499% / 8h | 2h 51m | $852K | $131K | 20x |
| Short | Gate SKDD_USDT | 6.8710 | 0 | get 0.0000% / 8h | 2h 51m | $117K | $27K | 20x |
MEXC SKDD_USDT
Gate SKDD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$524.79
- Price spread: +0.409% → +0.156%
- $25.28
- Slippage, 4 orders
- −$753.04
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,267.55
- Costs to cover
- 7.680%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 55 min ago; Gate: live order book, 54 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 MEXC live order book, 55 min ago | 16.34 bp | 94.0 bp −$94 | 237.8 bp −$2,378 | 278.2 bp −$27.8K | doesn't fit |
| Sell Gate live order book, 54 min ago | 42.84 bp | 401.1 bp −$401 | 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 | −0.0289% | 4h | 6.8532 | +0.149% | $8K | $162K | 10x | as long as short |
| Binance SKDDUSDT | 0.0000% | 8h | 6.8514 | +0.123% | $332K | $1.1M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.8500 | +0.102% | $56K | $149K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 6.8410 | −0.029% | $386K | $840K | 20x | as long as short |
| Gate SKDD_USDTshort | 0.0000% | 8h | 6.8710 | +0.409% | $117K | $27K | 20x | |
| Phemex SKDDUSDT | 0.0000% | 8h | 6.8400 | −0.044% | $666K | $88K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 6.8520 | +0.132% | $2K | $64K | 20x | as long as short |
| Bitget SKDDUSDT | +0.1061% | 8h | 6.8380 | −0.073% | $177K | $181K | 20x | as long as short |
| MEXC SKDD_USDTlong | +0.2499% | 8h | 6.8430 | long leg | $852K | $131K | 20x |
edgeX SKDDUSDC
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Phemex SKDDUSDT
HTX SKDD-USDT
Bitget SKDDUSDT