Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%
Price spread now: Phemex against Gate+0.160%49s7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$376as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3793.792% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.326%−$33 · spread now +0.160%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.094% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.066%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKUU_USDT | 28.704 | 0 | get 0.0000% / 8h | 7h 36m | $212K | $36K | 20x |
| Short | Phemex SKUUUSDT | 28.750 | 0 | get 0.0000% / 8h | 7h 36m | $1.1M | $210K | 20x |
Gate SKUU_USDT
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.160% → +0.066%
- $9.45
- Slippage, 4 orders
- −$352.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$369.75
- Costs to cover
- 3.792%
- Break-even
- never at this rate
Slippage from Gate: live order book, 55 min ago; Phemex: live order book, 1 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, 55 min ago | 14.72 bp | 177.8 bp −$178 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 12.16 bp | 48.8 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKUU_USDT | −0.2612% | 8h | 28.598 | −0.369% | $8.7M | $87K | 20x | as long as short |
| Bitget SKUUUSDT | −0.2605% | 8h | 28.647 | −0.199% | $567K | $452K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 28.633 | −0.246% | $633K | $1.9M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 28.590 | −0.397% | $247K | $202K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 28.650 | −0.188% | $686K | $1.3M | 20x | as long as short |
| Gate SKUU_USDTlong | 0.0000% | 8h | 28.704 | long leg | $212K | $36K | 20x | |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 28.750 | +0.160% | $1.1M | $210K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 28.657 | −0.164% | $6K | $370K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0922% | 4h | 28.750 | +0.159% | $177K | $290K | 10x | as long as short |
MEXC SKUU_USDT
Bitget SKUUUSDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
HTX SKUU-USDT
edgeX SKUUUSDC