Funding you earn now, next payment 08:00 UTC−0.4170%/8h= −456.6% APRnext payment −$41.70 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.043%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1601.600% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.043%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$125 a day on $10k at the current rate, and MEXC is 0.043% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of 0.000%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.177%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.177% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$41.70 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 | Bitget SKUUUSDT | 30.534 | 0 | get 0.0000% / 8h | 3h 42m | $591K | $319K | 20x |
| Short | MEXC SKUU_USDT | 30.521 | −0.4170 | pay 0.4170% / 8h | 3h 42m | $9.3M | $86K | 20x |
Bitget SKUUUSDT
MEXC SKUU_USDTFunding 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
- −$875.7
- Price spread: −0.043% → 0.000%
- −$4.31
- Slippage, 4 orders
- −$148
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$1,040.01
- Costs to cover
- 1.600%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 7 min ago; MEXC: live order book, 5 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, 7 min ago | 10.45 bp | 41.0 bp −$41 | 105.7 bp −$1,057 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 8.17 bp | 38.9 bp −$39 | 181.6 bp −$1,816 | 232.3 bp −$23.2K | 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_USDTshort | −0.4170% | 8h | 30.521 | −0.043% | $9.3M | $86K | 20x | |
| Binance SKUUUSDT | 0.0000% | 8h | 30.567 | +0.108% | $600K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.450 | −0.275% | $271K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.590 | +0.183% | $726K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 30.545 | +0.036% | $232K | $21K | 20x | as long as short |
| Bitget SKUUUSDTlong | 0.0000% | 8h | 30.534 | long leg | $591K | $319K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.530 | −0.013% | $1.2M | $167K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.461 | −0.239% | $6K | $377K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0738% | 4h | 30.574 | +0.132% | $188K | $290K | 10x | as long as short |
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC