Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

SKSQUARE

RWAAll SKSQUARE markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateSKSQUARE_USDT
851.4000.0000% / 8h12m 15s$370K$1K20xLong Gate
SHORT
MEXCSKSQUARESTOCK_USDT
858.10+0.0200get 0.0200% / 8h12m 15s$671K$91K20xShort MEXC
Price gap+0.787%
Funding gap+0.0200% /8h

Both sides work: funding pays +$6 a day on $10k, and the gap is 0.634% above its 7d average: +$63 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$26+0.0200% /8h now · paid +0.257% over the last 7D
Price+$63spread +0.787% now, avg +0.153% → +0.634% if it goes back
Costs−$2,30423.038% of $10k · taker + slippage, in and out
Result−$2,215−22.15%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.787%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SKSQUARE on 3 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size422.9 / 819.6 bp
    At $10k entering MEXC costs 819.6 bp, fee and slippage, 1.9× Gate’s.
  • Note: Margin at max leverage$500 + $500
    Gate 20x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$6.00Long Gate: 3 payments, $0.00; short MEXC: 3 payments, +$6.00.
  • OK: Entry gap works for you+0.787% vs +0.153%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$370K vs $671K OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · MEXC Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0122%/8h × 21 periods+$25.72
Price spread+0.787% → +0.153% (7d avg)+$63.39
Slippage, 4 orderslive order books−$2,288.82
Fee Gate bp × 2 orders−$15.00
Fee MEXC bp × 2 orders$0.00
Net · 7 days · $10k−$2,214.71
Costs to cover23.038%Break-even609.8 days
Slippage: Gate: live order book, 34 min ago; MEXC: live order book, 28 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate46.59422.9 bp−$423doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC33.80819.6 bp−$8201137.1 bp−$11.4Kdoesn’t fitdoesn’t fit

Closing costs about the same again.

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