Funding you earn now, next payment 08:00 UTC−0.0765%/8h= −83.8% APRnext payment −$7.65 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.188%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1011.009% of the position
Funding, last 7 days−0.212%−$21 on $10k
+Price spread, last 4 days (all we have)−1.120%−$112 · spread now +0.188%, 7d avg +0.048%
=The price spread pays, funding is against you. Binance is 0.139% dearer against Bitget than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of +0.048%): +$14 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.212% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.212% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.65 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 | Bitget SKUUUSDT | 31.175 | 0.0765 | pay 0.0765% / 8h | 5h 36m | $585K | $289K | 20x |
| Short | Binance SKUUUSDT | 31.233 | 0 | get 0.0000% / 8h | 5h 36m | $598K | $1.3M | 20x |
Bitget SKUUUSDT
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$160.65
- Price spread: +0.188% → +0.048%
- $13.91
- Slippage, 4 orders
- −$78.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$247.61
- Costs to cover
- 1.009%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 24 min ago; Binance: live order book, 11 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 Bitget live order book, 24 min ago | 14.62 bp | 38.3 bp −$38 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.22 bp | 22.1 bp −$22 | 74.7 bp −$747 | doesn't fit | doesn't fit |
SKUU 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKUU_USDT | −0.1484% | 8h | 31.112 | −0.202% | $9.5M | $83K | 20x | as long as short |
| Binance SKUUUSDTshort | 0.0000% | 8h | 31.233 | +0.188% | $598K | $1.3M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.100 | −0.241% | $285K | $141K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.240 | +0.209% | $743K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 31.167 | −0.026% | $237K | $19K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.200 | +0.080% | $1.2M | $164K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 31.200 | +0.080% | $6K | $382K | 20x | as long as short |
| Bitget SKUUUSDTlong | +0.0765% | 8h | 31.175 | long leg | $585K | $289K | 20x | |
| edgeX SKUUUSDC | +0.0813% | 4h | 31.036 | −0.447% | $191K | $287K | 10x | as long as short |
MEXC SKUU_USDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC