Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against Phemex−0.016%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$559as in the Funding arb table
Net, price: spread back to 7d avg − costs−$550as in the Price arb table
costs, in and out, $10k−$5565.556% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.016%, 7d avg −0.070%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.054% dearer against Phemex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKUUUSDT | 31.230 | 0 | get 0.0000% / 8h | 6h 44m | $1.2M | $163K | 20x |
| Short | Gate SKUU_USDT | 31.225 | 0 | get 0.0000% / 8h | 6h 44m | $238K | $19K | 20x |
Phemex SKUUUSDT
Gate SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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
- $0
- Price spread: −0.016% → −0.070%
- $5.39
- Slippage, 4 orders
- −$528.59
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$550.2
- Costs to cover
- 5.556%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Gate: live order book, 17 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 Phemex live order book, 3 min ago | 4.80 bp | 50.1 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 3.99 bp | 208.9 bp −$209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDC | −0.0603% | 4h | 31.238 | +0.026% | $193K | $288K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 31.207 | −0.075% | $601K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.200 | −0.096% | $286K | $142K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.250 | +0.064% | $760K | $1.0M | 20x | as long as short |
| Gate SKUU_USDTshort | 0.0000% | 8h | 31.225 | −0.016% | $238K | $19K | 20x | |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 31.230 | long leg | $1.2M | $163K | 20x | |
| HTX SKUU-USDT | +0.0435% | 8h | 31.234 | +0.013% | $6K | $386K | 20x | as long as short |
| MEXC SKUU_USDT | +0.0684% | 8h | 31.223 | −0.022% | $9.5M | $83K | 20x | as long as short |
| Bitget SKUUUSDT | +0.1190% | 8h | 31.207 | −0.074% | $597K | $283K | 20x | as long as short |
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
HTX SKUU-USDT
MEXC SKUU_USDT
Bitget SKUUUSDT