Funding you earn now, next payment 08:00 UTC+0.1133%/8h= +124.1% APRnext payment +$11.33 per $10,000 · paid last 24h +0.145%
Price spread now: MEXC against Gate−0.071%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$429as in the Funding arb table
Net, price: spread back to 7d avg − costs−$520as in the Price arb table
costs, in and out, $10k−$5105.097% of the position
Funding, last 7 days+0.809%+$81 on $10k
+Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.071%, 7d avg +0.030%
=Funding pays, the price is against you. MEXC is 0.101% cheaper against Gate than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of +0.030%). If the spread goes back, that is −$10 on $10k: about 7 hours of funding at the current rate (+$34 a day). At the pace of the last 7 days (+0.809% in total) that is about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKUU_USDT | 31.136 | 0 | get 0.0000% / 8h | 6h 36m | $237K | $19K | 20x |
| Short | MEXC SKUU_USDT | 31.114 | 0.1133 | get 0.1133% / 8h | 6h 36m | $9.5M | $83K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- $237.93
- Price spread: −0.071% → +0.030%
- −$10.06
- Slippage, 4 orders
- −$494.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$281.84
- Costs to cover
- 5.097%
- Break-even
- 15.3 days
Slippage from Gate: live order book, 25 min ago; MEXC: live order book, 2 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 Gate live order book, 25 min ago | 3.99 bp | 250.7 bp −$251 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 11.08 bp | 16.7 bp −$17 | 170.0 bp −$1,700 | 232.4 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDC | −0.0856% | 4h | 31.136 | −0.001% | $192K | $287K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 31.148 | +0.039% | $593K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.100 | −0.116% | $285K | $142K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.150 | +0.045% | $742K | $1.1M | 20x | as long as short |
| Gate SKUU_USDTlong | 0.0000% | 8h | 31.136 | long leg | $237K | $19K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.160 | +0.077% | $1.2M | $165K | 20x | as long as short |
| HTX SKUU-USDT | +0.0144% | 8h | 31.164 | +0.090% | $6K | $386K | 20x | as long as short |
| Bitget SKUUUSDT | +0.1120% | 8h | 31.122 | −0.045% | $591K | $287K | 20x | as long as short |
| MEXC SKUU_USDTshort | +0.1133% | 8h | 31.114 | −0.071% | $9.5M | $83K | 20x |
Gate SKUU_USDT
MEXC SKUU_USDT
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
HTX SKUU-USDT
Bitget SKUUUSDT