Funding you earn now, next payment 16:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.171%
Price spread now: MEXC against Bitget−0.064%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days+0.306%+$31 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.064%, 7d avg −0.001%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and MEXC is 0.063% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.306%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKUUUSDT | 29.610 | −0.0877 | get 0.0877% / 8h | 4h 57m | $607K | $490K | 20x |
| Short | MEXC SKUU_USDT | 29.591 | −0.0887 | pay 0.0887% / 8h | 4h 57m | $9.0M | $86K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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
- −$2.1
- Price spread: −0.064% → −0.001%
- −$6.29
- Slippage, 4 orders
- −$73.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$94.2
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; MEXC: live order book, 4 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 Bitget live order book, 46 min ago | 7.93 bp | 30.7 bp −$31 | 54.5 bp −$545 | 140.6 bp −$14.1K | doesn't fit |
| Sell MEXC live order book, 4 min ago | 5.07 bp | 6.2 bp −$6 | 19.7 bp −$197 | 174.7 bp −$17.5K | doesn't fit |
SKUU on 9 exchanges
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 | −0.0887% | 8h | 29.591 | −0.064% | $9.0M | $86K | 20x | |
| Bitget SKUUUSDTlong | −0.0877% | 8h | 29.610 | long leg | $607K | $490K | 20x | |
| edgeX SKUUUSDC | −0.0359% | 4h | 29.670 | +0.201% | $183K | $287K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.614 | +0.012% | $588K | $2.1M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.550 | −0.203% | $241K | $197K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.610 | 0.000% | $677K | $1.4M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.605 | −0.017% | $218K | $45K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.620 | +0.034% | $1.2M | $226K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.520 | −0.304% | $6K | $365K | 20x | as long as short |
Bitget SKUUUSDT
MEXC SKUU_USDT
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT