Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Gate against Phemex−0.096%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$378as in the Funding arb table
Net, price: spread back to 7d avg − costs−$377as in the Price arb table
costs, in and out, $10k−$3743.743% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.096%, 7d avg −0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.028% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKUUUSDT | 29.130 | 0 | get 0.0000% / 8h | 9m 15s | $1.2M | $203K | 20x |
| Short | Gate SKUU_USDT | 29.102 | 0 | get 0.0000% / 8h | 9m 15s | $219K | $37K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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: −0.096% → −0.068%
- −$2.78
- Slippage, 4 orders
- −$347.33
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$377.11
- Costs to cover
- 3.743%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Gate: live order book, 22 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 Phemex live order book, 3 min ago | 10.28 bp | 43.7 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 14.72 bp | 108.3 bp −$108 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDT | −0.2667% | 8h | 29.145 | +0.051% | $575K | $449K | 20x | as long as short |
| MEXC SKUU_USDT | −0.2666% | 8h | 29.136 | +0.021% | $8.9M | $88K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.140 | +0.034% | $606K | $1.8M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.080 | −0.172% | $242K | $190K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.150 | +0.069% | $708K | $1.3M | 20x | as long as short |
| Gate SKUU_USDTshort | 0.0000% | 8h | 29.102 | −0.096% | $219K | $37K | 20x | |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 29.130 | long leg | $1.2M | $203K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 29.096 | −0.117% | $6K | $371K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0376% | 4h | 29.156 | +0.089% | $180K | $289K | 10x | as long as short |
Phemex SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
HTX SKUU-USDT
edgeX SKUUUSDC