Funding you earn now, next payment 12:00 UTC−0.0139%/8h= −15.2% APRpaid last 24h −0.018%
Price spread now: edgeX against Binance+0.008%7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 2 days (all we have)−0.098%−$10 · spread now +0.008%, 7d avg −0.045%
=Together, before fees−0.179%+ Points / potential airdropedgeX: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.053% dearer against Binance than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.045%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.081% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKDDUSDT | 6.9650 | 0 | get 0.0000% / 8h | 5h 27m | $336K | $1.3M | 20x |
| Short | edgeX SKDDUSDC | 6.9656 | −0.0139 | pay 0.0069% / 4h | 1h 27m | $8K | $162K | 10x |
Binance SKDDUSDT
edgeX SKDDUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$29.19
- Price spread: +0.008% → −0.045%
- $5.34
- Slippage, 4 orders
- −$95.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$138.42
- Costs to cover
- 1.146%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; edgeX: live order book, 17 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 Binance live order book, 13 min ago | 6.48 bp | 29.7 bp −$30 | 135.7 bp −$1,357 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 7.18 bp | 25.7 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
SKDD 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKDDUSDCshort | −0.0139% | 4h | 6.9656 | +0.008% | $8K | $162K | 10x | |
| Binance SKDDUSDTlong | 0.0000% | 8h | 6.9650 | long leg | $336K | $1.3M | 20x | |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.9700 | +0.072% | $53K | $192K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 6.9730 | +0.115% | $373K | $1.1M | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 6.9830 | +0.258% | $119K | $32K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 6.9600 | −0.072% | $685K | $108K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 6.9740 | +0.129% | $2K | $38K | 20x | as long as short |
| Bitget SKDDUSDT | +0.1175% | 8h | 6.9520 | −0.187% | $207K | $275K | 20x | as long as short |
| MEXC SKDD_USDT | +0.1185% | 8h | 6.9730 | +0.115% | $854K | $134K | 20x | as long as short |
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
Bitget SKDDUSDT
MEXC SKDD_USDT