Funding you earn now, next payment 08:00 UTC+0.2757%/8h= +301.9% APRnext payment +$27.57 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.024%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1861.856% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.024%, 7d avg +0.021%
=Funding pays, the price is against you. OKX is 0.045% cheaper against Bitget than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.021%). If the spread goes back, that is −$4 on $10k: about 1 hour of funding at the current rate (+$83 a day). Mind the row above: over the last 7 days funding on this pair cost −0.232%, 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 -0.232% in total (about -12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$27.57 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 | 29.167 | −0.2757 | get 0.2757% / 8h | 1h 02m | $573K | $434K | 20x |
| Short | OKX SKUU-USDT-SWAP | 29.160 | 0 | get 0.0000% / 8h | 1h 02m | $714K | $1.2M | 20x |
Bitget SKUUUSDT
OKX SKUU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $578.97
- Price spread: −0.024% → +0.021%
- −$4.48
- Slippage, 4 orders
- −$163.62
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $388.87
- Costs to cover
- 1.856%
- Break-even
- 2.3 days
Slippage from Bitget: live order book, 37 min ago; OKX: 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, 37 min ago | 13.13 bp | 24.5 bp −$25 | 41.2 bp −$412 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 5.12 bp | 57.5 bp −$58 | 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 | −0.2757% | 8h | 29.167 | long leg | $573K | $434K | 20x | |
| MEXC SKUU_USDT | −0.0331% | 8h | 29.193 | +0.089% | $8.9M | $89K | 20x | as long as short |
| edgeX SKUUUSDC | −0.0196% | 4h | 29.247 | +0.274% | $180K | $291K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.150 | −0.058% | $606K | $1.8M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.110 | −0.195% | $242K | $188K | 25x | as long as short |
| OKX SKUU-USDT-SWAPshort | 0.0000% | 8h | 29.160 | −0.024% | $714K | $1.2M | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 29.149 | −0.062% | $220K | $37K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.200 | +0.113% | $1.2M | $200K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.090 | −0.264% | $6K | $370K | 20x | as long as short |
MEXC SKUU_USDT
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT