Funding you earn now, next payment 08:00 UTC−0.4506%/8h= −493.4% APRnext payment −$45.06 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.041%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$568as in the Funding arb table
Net, price: spread back to 7d avg − costs−$614as in the Price arb table
costs, in and out, $10k−$6156.153% of the position
Funding, last 7 days+0.476%+$48 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.041%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$135 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.476%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.476% in total (about 24.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$45.06 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 | 29.317 | 0 | get 0.0000% / 8h | 2h 30m | $222K | $23K | 20x |
| Short | MEXC SKUU_USDT | 29.329 | −0.4506 | pay 0.4506% / 8h | 2h 30m | $8.9M | $86K | 20x |
Gate SKUU_USDT
MEXC SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$946.26
- Price spread: +0.041% → +0.029%
- $1.23
- Slippage, 4 orders
- −$600.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1,560.3
- Costs to cover
- 6.153%
- Break-even
- never at this rate
Slippage from Gate: live order book, 11 min ago; MEXC: live order book, 2 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, 11 min ago | 6.26 bp | 334.0 bp −$334 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 10.10 bp | 40.8 bp −$41 | 180.0 bp −$1,800 | 230.2 bp −$23.0K | 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_USDTshort | −0.4506% | 8h | 29.329 | +0.041% | $8.9M | $86K | 20x | |
| Bitget SKUUUSDT | −0.1884% | 8h | 29.355 | +0.130% | $556K | $368K | 20x | as long as short |
| edgeX SKUUUSDC | −0.0191% | 4h | 29.253 | −0.219% | $180K | $290K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.366 | +0.166% | $588K | $1.5M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.290 | −0.092% | $234K | $167K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.350 | +0.113% | $704K | $1.1M | 20x | as long as short |
| Gate SKUU_USDTlong | 0.0000% | 8h | 29.317 | long leg | $222K | $23K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.340 | +0.078% | $1.2M | $177K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.191 | −0.430% | $6K | $372K | 20x | as long as short |
Bitget SKUUUSDT
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
HTX SKUU-USDT