Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Phemex0.000%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$469as in the Funding arb table
Net, price: spread back to 7d avg − costs−$475as in the Price arb table
costs, in and out, $10k−$4694.685% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.239%−$24 · spread now 0.000%, 7d avg +0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.064% cheaper against Phemex than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKDDUSDT | 6.8400 | 0 | get 0.0000% / 8h | 2h 51m | $666K | $88K | 20x |
| Short | Bybit SKDDUSDT | 6.8400 | 0 | get 0.0000% / 8h | 2h 51m | $56K | $149K | 25x |
Phemex SKDDUSDT
Bybit SKDDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: 0.000% → +0.064%
- −$6.39
- Slippage, 4 orders
- −$445.53
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$474.92
- Costs to cover
- 4.685%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 61 min ago; Bybit: live order book, 44 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, 61 min ago | 7.48 bp | 145.6 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 44 min ago | 14.71 bp | 93.8 bp −$94 | 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 | +0.193% | $8K | $162K | 10x | as long as short |
| Binance SKDDUSDT | 0.0000% | 8h | 6.8417 | +0.026% | $331K | $1.1M | 20x | as long as short |
| Bybit SKDDUSDTshort | 0.0000% | 8h | 6.8400 | 0.000% | $56K | $149K | 25x | |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 6.8410 | +0.015% | $386K | $840K | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 6.8700 | +0.439% | $117K | $27K | 20x | as long as short |
| Phemex SKDDUSDTlong | 0.0000% | 8h | 6.8400 | long leg | $666K | $88K | 20x | |
| HTX SKDD-USDT | +0.0100% | 8h | 6.8520 | +0.175% | $2K | $64K | 20x | as long as short |
| Bitget SKDDUSDT | +0.1061% | 8h | 6.8380 | −0.029% | $177K | $181K | 20x | as long as short |
| MEXC SKDD_USDT | +0.2499% | 8h | 6.8380 | −0.029% | $851K | $131K | 20x | as long as short |
edgeX SKDDUSDC
Binance SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
HTX SKDD-USDT
Bitget SKDDUSDT
MEXC SKDD_USDT