Funding you earn now, next payment 00:00 UTC+0.1245%/8h= +136.3% APRnext payment +$12.45 per $10,000 · paid last 24h −0.333%
Price spread now: Bitget against MEXC+0.319%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$930.925% of the position
Funding, last 7 days−0.558%−$56 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.319%, 7d avg −0.002%
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Bitget is 0.321% dearer against MEXC than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.002%. Mind the row above: over the last 7 days funding on this pair cost −0.558%, 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 -0.558% in total (about -29.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.45 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 | MEXC SKUU_USDT | 29.798 | −0.1245 | get 0.1245% / 8h | 2h 04m | $9.1M | $83K | 20x |
| Short | Bitget SKUUUSDT | 29.893 | 0 | get 0.0000% / 8h | 2h 04m | $628K | $255K | 20x |
MEXC SKUU_USDT
Bitget SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $261.45
- Price spread: +0.319% → −0.002%
- $32.08
- Slippage, 4 orders
- −$80.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $200.99
- Costs to cover
- 0.925%
- Break-even
- 1.6 days
Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 16 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 MEXC live order book, 4 min ago | 11.57 bp | 14.2 bp −$14 | 27.9 bp −$279 | 177.1 bp −$17.7K | doesn't fit |
| Sell Bitget live order book, 16 min ago | 12.90 bp | 28.9 bp −$29 | 40.6 bp −$406 | 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_USDTlong | −0.1245% | 8h | 29.798 | long leg | $9.1M | $83K | 20x | |
| edgeX SKUUUSDC | −0.0375% | 4h | 29.849 | +0.170% | $184K | $287K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.860 | +0.208% | $628K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.750 | −0.161% | $276K | $120K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.840 | +0.141% | $724K | $835K | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.835 | +0.124% | $229K | $16K | 20x | as long as short |
| Bitget SKUUUSDTshort | 0.0000% | 8h | 29.893 | +0.319% | $628K | $255K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.860 | +0.208% | $1.2M | $159K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.760 | −0.128% | $7K | $394K | 20x | as long as short |
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT