Funding you earn now, next payment 12:00 UTC+0.0802%/8h= +87.8% APRpaid last 24h +0.018%
Price spread now: Binance against edgeX−0.017%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1711.709% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 2 days (all we have)+0.253%+$25 · spread now −0.017%, 7d avg +0.052%
=Together, before fees+0.334%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.069% cheaper against edgeX than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.052%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.081% in total) that is about 6.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment. 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 | edgeX SKDDUSDC | 7.1262 | −0.0802 | get 0.0401% / 4h | 3h 45m | $8K | $163K | 10x |
| Short | Binance SKDDUSDT | 7.1250 | 0 | get 0.0000% / 8h | 7h 45m | $351K | $1.3M | 20x |
edgeX SKDDUSDC
Binance SKDDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $168.34
- Price spread: −0.017% → +0.052%
- −$6.95
- Slippage, 4 orders
- −$151.93
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.54
- Costs to cover
- 1.709%
- Break-even
- 7.4 days
Slippage from edgeX: live order book, 51 min ago; Binance: 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 edgeX live order book, 51 min ago | 9.22 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 7.01 bp | 33.3 bp −$33 | 137.2 bp −$1,372 | doesn't fit | doesn't fit |
SKDD 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 SKDDUSDClong | −0.0802% | 4h | 7.1262 | long leg | $8K | $163K | 10x | |
| Binance SKDDUSDTshort | 0.0000% | 8h | 7.1250 | −0.017% | $351K | $1.3M | 20x | |
| Bybit SKDDUSDT | 0.0000% | 8h | 7.1300 | +0.053% | $56K | $177K | 25x | as long as short |
| OKX SKDD-USDT-SWAP | 0.0000% | 8h | 7.1300 | +0.053% | $390K | $1.0M | 20x | as long as short |
| Gate SKDD_USDT | 0.0000% | 8h | 7.1510 | +0.347% | $121K | $30K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 7.1300 | +0.053% | $701K | $103K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 7.1530 | +0.375% | $3K | $42K | 20x | as long as short |
| MEXC SKDD_USDT | +0.1357% | 8h | 7.1260 | −0.003% | $872K | $133K | 20x | as long as short |
| Bitget SKDDUSDT | +0.2522% | 8h | 7.1070 | −0.270% | $182K | $231K | 20x | as long as short |
Bybit SKDDUSDT
OKX SKDD-USDT-SWAP
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
MEXC SKDD_USDT
Bitget SKDDUSDT