Funding you earn now, next payment 16:00 UTC+0.2674%/8h= +292.8% APRnext payment +$26.74 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.124%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$345as in the Price arb table
costs, in and out, $10k−$3603.598% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 4 days (all we have)−0.145%−$15 · spread now +0.124%, 7d avg −0.026%
=Both sides work for this trade now. Funding pays +$80 a day on $10k at the current rate, and Gate is 0.151% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.026%. 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 +$26.74 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 | 28.991 | −0.2674 | get 0.2674% / 8h | 7h 57m | $576K | $459K | 20x |
| Short | Gate SKUU_USDT | 29.027 | 0 | get 0.0000% / 8h | 7h 57m | $219K | $31K | 20x |
Bitget SKUUUSDT
Gate SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $561.54
- Price spread: +0.124% → −0.026%
- $15.07
- Slippage, 4 orders
- −$332.77
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $216.83
- Costs to cover
- 3.598%
- Break-even
- 4.3 days
Slippage from Bitget: live order book, 37 min ago; Gate: live order book, 33 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, 37 min ago | 17.26 bp | 43.6 bp −$44 | 50.9 bp −$509 | doesn't fit | doesn't fit |
| Sell Gate live order book, 33 min ago | 14.72 bp | 108.3 bp −$108 | 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 | −0.2674% | 8h | 28.991 | long leg | $576K | $459K | 20x | |
| MEXC SKUU_USDT | −0.1192% | 8h | 28.999 | +0.028% | $8.8M | $86K | 20x | as long as short |
| edgeX SKUUUSDC | −0.0110% | 4h | 29.147 | +0.536% | $180K | $291K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.030 | +0.135% | $609K | $1.8M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 28.980 | −0.038% | $241K | $190K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.030 | +0.135% | $705K | $1.3M | 20x | as long as short |
| Gate SKUU_USDTshort | 0.0000% | 8h | 29.027 | +0.124% | $219K | $31K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.030 | +0.135% | $1.2M | $204K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.042 | +0.176% | $6K | $371K | 20x | as long as short |
MEXC SKUU_USDT
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
HTX SKUU-USDT