Funding you earn now, next payment 08:00 UTC+0.4416%/8h= +483.6% APRnext payment +$44.16 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC−0.083%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$526as in the Funding arb table
Net, price: spread back to 7d avg − costs−$483as in the Price arb table
costs, in and out, $10k−$4784.779% of the position
Funding, last 7 days−0.476%−$48 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.083%, 7d avg −0.028%
=Funding pays, the price is against you. Gate is 0.055% cheaper against MEXC than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of −0.028%). If the spread goes back, that is −$5 on $10k: about under an hour of funding at the current rate (+$132 a day). Mind the row above: over the last 7 days funding on this pair cost −0.476%, 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 -0.476% in total (about -24.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$44.16 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 | 30.169 | −0.4416 | get 0.4416% / 8h | 3h 22m | $9.2M | $87K | 20x |
| Short | Gate SKUU_USDT | 30.144 | 0 | get 0.0000% / 8h | 3h 22m | $229K | $22K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $927.36
- Price spread: −0.083% → −0.028%
- −$5.47
- Slippage, 4 orders
- −$462.94
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $443.95
- Costs to cover
- 4.779%
- Break-even
- 3.6 days
Slippage from MEXC: live order book, 6 min ago; Gate: live order book, 24 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, 6 min ago | 6.58 bp | 62.0 bp −$62 | 162.7 bp −$1,627 | 222.4 bp −$22.2K | doesn't fit |
| Sell Gate live order book, 24 min ago | 6.06 bp | 173.6 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKUU_USDTlong | −0.4416% | 8h | 30.169 | long leg | $9.2M | $87K | 20x | |
| Bitget SKUUUSDT | −0.0002% | 8h | 30.137 | −0.106% | $577K | $355K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 30.144 | −0.084% | $588K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.140 | −0.096% | $270K | $161K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.190 | +0.070% | $720K | $1.1M | 20x | as long as short |
| Gate SKUU_USDTshort | 0.0000% | 8h | 30.144 | −0.083% | $229K | $22K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.200 | +0.103% | $1.2M | $170K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0024% | 4h | 30.343 | +0.577% | $187K | $288K | 10x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.148 | −0.070% | $6K | $376K | 20x | as long as short |
MEXC SKUU_USDT
Gate SKUU_USDT
Bitget SKUUUSDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
edgeX SKUUUSDC
HTX SKUU-USDT