Funding you earn now, next payment 16:00 UTC+0.2668%/8h= +292.1% APRnext payment +$26.68 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.045%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$2082.075% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.045%, 7d avg −0.089%
=Both sides work for this trade now. Funding pays +$80 a day on $10k at the current rate, and Bybit is 0.044% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.089%. Mind the row above: over the last 7 days funding on this pair cost −0.299%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.299% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$26.68 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 | 29.043 | −0.2668 | get 0.2668% / 8h | 7h 57m | $576K | $461K | 20x |
| Short | Bybit SKUUUSDT | 29.030 | 0 | get 0.0000% / 8h | 7h 57m | $241K | $190K | 25x |
Bitget SKUUUSDT
Bybit SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $560.28
- Price spread: −0.045% → −0.089%
- $4.44
- Slippage, 4 orders
- −$184.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $357.21
- Costs to cover
- 2.075%
- Break-even
- 2.5 days
Slippage from Bitget: live order book, 38 min ago; Bybit: live order book, 23 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, 38 min ago | 17.26 bp | 43.6 bp −$44 | 50.9 bp −$509 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 11.98 bp | 91.3 bp −$91 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDTlong | −0.2668% | 8h | 29.043 | long leg | $576K | $461K | 20x | |
| MEXC SKUU_USDT | −0.1124% | 8h | 29.008 | −0.121% | $8.8M | $86K | 20x | as long as short |
| edgeX SKUUUSDC | −0.0198% | 4h | 29.059 | +0.053% | $179K | $289K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.056 | +0.046% | $610K | $1.8M | 20x | as long as short |
| Bybit SKUUUSDTshort | 0.0000% | 8h | 29.030 | −0.045% | $241K | $190K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.030 | −0.045% | $705K | $1.3M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.040 | −0.010% | $219K | $31K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.060 | +0.059% | $1.2M | $204K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.049 | +0.021% | $6K | $370K | 20x | as long as short |
MEXC SKUU_USDT
edgeX SKUUUSDC
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT