Funding you earn now, next payment 16:00 UTC+0.1672%/8h= +183.1% APRnext payment +$16.72 per $10,000 · paid last 24h +0.171%
Price spread now: MEXC against Bitget−0.061%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 7 days+0.306%+$31 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.061%, 7d avg 0.000%
=Funding pays, the price is against you. MEXC is 0.060% cheaper against Bitget than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of 0.000%). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$50 a day). At the pace of the last 7 days (+0.306% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.306% in total (about 15.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$16.72 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKUUUSDT | 29.669 | −0.1494 | get 0.1494% / 8h | 5h 56m | $610K | $482K | 20x |
| Short | MEXC SKUU_USDT | 29.651 | 0.0178 | get 0.0178% / 8h | 5h 56m | $9.0M | $86K | 20x |
Bitget SKUUUSDT
MEXC SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $351.12
- Price spread: −0.061% → 0.000%
- −$6.05
- Slippage, 4 orders
- −$110.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $222.52
- Costs to cover
- 1.225%
- Break-even
- 2.6 days
Slippage from Bitget: live order book, 51 min ago; MEXC: live order book, 4 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, 51 min ago | 13.56 bp | 44.8 bp −$45 | 108.0 bp −$1,080 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 8.41 bp | 13.6 bp −$14 | 162.9 bp −$1,629 | 234.4 bp −$23.4K | doesn't fit |
SKUU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDTlong | −0.1494% | 8h | 29.669 | long leg | $610K | $482K | 20x | |
| edgeX SKUUUSDC | −0.0625% | 4h | 29.700 | +0.104% | $183K | $291K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.654 | −0.050% | $600K | $2.1M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.670 | +0.003% | $244K | $196K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.650 | −0.064% | $679K | $1.4M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.647 | −0.074% | $218K | $45K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.630 | −0.131% | $1.2M | $224K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.610 | −0.199% | $6K | $367K | 20x | as long as short |
| MEXC SKUU_USDTshort | +0.0178% | 8h | 29.651 | −0.061% | $9.0M | $86K | 20x |
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT