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: Gate against Phemex+0.388%7-day average +0.150% · you sell dearer than you buy
Net, funding: paid 7d − costs−$635as in the Funding arb table
Net, price: spread back to 7d avg − costs−$612as in the Price arb table
costs, in and out, $10k−$6356.354% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.316%−$32 · spread now +0.388%, 7d avg +0.150%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.238% dearer against Phemex than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.150%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKDDUSDT | 6.9600 | 0 | get 0.0000% / 8h | 5h 28m | $685K | $108K | 20x |
| Short | Gate SKDD_USDT | 6.9870 | 0 | get 0.0000% / 8h | 5h 28m | $119K | $32K | 20x |
Phemex SKDDUSDT
Gate SKDD_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.388% → +0.150%
- $23.83
- Slippage, 4 orders
- −$608.36
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$611.53
- Costs to cover
- 6.354%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 17 min ago; Gate: live order book, 10 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, 17 min ago | 7.18 bp | 130.2 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 22.22 bp | 173.0 bp −$173 | doesn't fit | 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 | −0.0982% | 4h | 6.9664 | +0.092% | $8K | $164K | 10x | as long as short |
| Binance SKDDUSDT | 0.0000% | 8h | 6.9650 | +0.072% | $336K | $1.3M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.9700 | +0.144% | $53K | $192K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 6.9730 | +0.187% | $373K | $1.1M | 20x | as long as short |
| Gate SKDD_USDTshort | 0.0000% | 8h | 6.9870 | +0.388% | $119K | $32K | 20x | |
| Phemex SKDDUSDTlong | 0.0000% | 8h | 6.9600 | long leg | $685K | $108K | 20x | |
| HTX SKDD-USDT | +0.0100% | 8h | 6.9760 | +0.230% | $2K | $38K | 20x | as long as short |
| Bitget SKDDUSDT | +0.1185% | 8h | 6.9510 | −0.129% | $207K | $275K | 20x | as long as short |
| MEXC SKDD_USDT | +0.1194% | 8h | 6.9750 | +0.216% | $854K | $134K | 20x | as long as short |
edgeX SKDDUSDC
Binance SKDDUSDT
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
HTX SKDD-USDT
Bitget SKDDUSDT
MEXC SKDD_USDT