Funding you earn now, next payment 16:00 UTC+0.0966%/8h= +105.8% APRnext payment +$9.66 per $10,000 · paid last 24h +0.267%
Price spread now: Gate against Bitget−0.037%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$578as in the Funding arb table
Net, price: spread back to 7d avg − costs−$571as in the Price arb table
costs, in and out, $10k−$5705.700% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.037%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$29 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.077%, 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 -0.077% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.66 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKUUUSDT | 29.653 | −0.0966 | get 0.0966% / 8h | 5h 06m | $608K | $490K | 20x |
| Short | Gate SKUU_USDT | 29.642 | 0 | get 0.0000% / 8h | 5h 06m | $218K | $45K | 20x |
Bitget SKUUUSDT
Gate SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $202.86
- Price spread: −0.037% → −0.027%
- −$1.05
- Slippage, 4 orders
- −$543.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$368.2
- Costs to cover
- 5.700%
- Break-even
- 19.7 days
Slippage from Bitget: live order book, 37 min ago; Gate: live order book, 33 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, 37 min ago | 7.93 bp | 30.7 bp −$31 | 54.5 bp −$545 | 140.6 bp −$14.1K | doesn't fit |
| Sell Gate live order book, 33 min ago | 5.58 bp | 238.6 bp −$239 | doesn't fit | doesn't fit | 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_USDT | −0.0978% | 8h | 29.656 | +0.010% | $9.0M | $89K | 20x | as long as short |
| Bitget SKUUUSDTlong | −0.0966% | 8h | 29.653 | long leg | $608K | $490K | 20x | |
| edgeX SKUUUSDC | −0.0161% | 4h | 29.687 | +0.115% | $183K | $288K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.668 | +0.051% | $591K | $2.1M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.650 | −0.010% | $242K | $196K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.670 | +0.057% | $679K | $1.4M | 20x | as long as short |
| Gate SKUU_USDTshort | 0.0000% | 8h | 29.642 | −0.037% | $218K | $45K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.670 | +0.057% | $1.2M | $225K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.624 | −0.098% | $6K | $366K | 20x | as long as short |
MEXC SKUU_USDT
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
HTX SKUU-USDT