Funding you earn now, next payment 08:00 UTC+0.0527%/8h= +57.7% APRnext payment +$5.27 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.019%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$433as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4634.627% of the position
Funding, last 7 days+0.299%+$30 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.019%, 7d avg +0.028%
=Funding pays, the price is against you. Bitget is 0.047% cheaper against Gate than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.028%). If the spread goes back, that is −$5 on $10k: about 7 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.299% in total) that is about 27 hours.
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 +$5.27 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 | Gate SKUU_USDT | 30.935 | 0 | get 0.0000% / 8h | 3h 56m | $235K | $21K | 20x |
| Short | Bitget SKUUUSDT | 30.929 | 0.0527 | get 0.0527% / 8h | 3h 56m | $579K | $301K | 20x |
Gate SKUU_USDT
Bitget SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $110.67
- Price spread: −0.019% → +0.028%
- −$4.73
- Slippage, 4 orders
- −$435.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$356.8
- Costs to cover
- 4.627%
- Break-even
- 29.6 days
Slippage from Gate: live order book, 54 min ago; Bitget: live order book, 58 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 Gate live order book, 54 min ago | 4.00 bp | 210.6 bp −$211 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 58 min ago | 8.14 bp | 29.5 bp −$29 | 36.1 bp −$361 | 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 | −0.2895% | 8h | 30.902 | −0.107% | $9.4M | $85K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 30.908 | −0.087% | $597K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.860 | −0.242% | $275K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.950 | +0.048% | $734K | $1.1M | 20x | as long as short |
| Gate SKUU_USDTlong | 0.0000% | 8h | 30.935 | long leg | $235K | $21K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.940 | +0.016% | $1.2M | $166K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.933 | −0.006% | $6K | $378K | 20x | as long as short |
| Bitget SKUUUSDTshort | +0.0527% | 8h | 30.929 | −0.019% | $579K | $301K | 20x | |
| edgeX SKUUUSDC | +0.0953% | 4h | 30.930 | −0.017% | $191K | $288K | 10x | as long as short |
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC