Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.042%
Price spread now: Binance against Phemex+0.091%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$327as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3183.184% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 2 days (all we have)+0.059%+$6 · spread now +0.091%, 7d avg +0.086%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKDDUSDT | 7.0500 | 0 | get 0.0000% / 8h | 6h 17m | $694K | $106K | 20x |
| Short | Binance SKDDUSDT | 7.0564 | 0 | get 0.0000% / 8h | 6h 17m | $342K | $1.3M | 20x |
Phemex SKDDUSDT
Binance SKDDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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: +0.091% → +0.086%
- $0.54
- Slippage, 4 orders
- −$296.38
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$317.83
- Costs to cover
- 3.184%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 32 min ago; Binance: live order book, 8 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 Phemex live order book, 32 min ago | 14.12 bp | 116.9 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.54 bp | 33.9 bp −$34 | 268.6 bp −$2,686 | doesn't fit | doesn't fit |
SKDD on 9 exchanges
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 | −0.0782% | 4h | 7.0609 | +0.154% | $8K | $163K | 10x | as long as short |
| Binance SKDDUSDTshort | 0.0000% | 8h | 7.0564 | +0.091% | $342K | $1.3M | 20x | |
| Bybit SKDDUSDT | 0.0000% | 8h | 7.0600 | +0.142% | $52K | $186K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.0780 | +0.397% | $376K | $1.0M | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 7.0800 | +0.426% | $121K | $32K | 20x | as long as short |
| Phemex SKDDUSDTlong | 0.0000% | 8h | 7.0500 | long leg | $694K | $106K | 20x | |
| HTX SKDD-USDT | +0.0100% | 8h | 7.0690 | +0.270% | $2K | $37K | 20x | as long as short |
| MEXC SKDD_USDT | +0.1690% | 8h | 7.0660 | +0.227% | $865K | $135K | 20x | as long as short |
| Bitget SKDDUSDT | +0.1690% | 8h | 7.0460 | −0.057% | $200K | $269K | 20x | as long as short |
edgeX SKDDUSDC
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
HTX SKDD-USDT
MEXC SKDD_USDT
Bitget SKDDUSDT