Funding you earn now, next payment 08:00 UTC+0.0372%/8h= +40.7% APRpaid last 24h −0.016%
Price spread now: OKX against edgeX+0.091%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1941.943% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+0.418%+$42 · spread now +0.091%, 7d avg +0.049%
=Together, before fees+0.475%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and OKX is 0.042% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.049%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% 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 | 6.7389 | −0.0372 | get 0.0186% / 4h | 3h 47m | $8K | $162K | 10x |
| Short | OKX SKDD-USDT-SWAP | 6.7450 | 0 | get 0.0000% / 8h | 3h 47m | $386K | $808K | 20x |
edgeX SKDDUSDC
OKX SKDD-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $78.03
- Price spread: +0.091% → +0.049%
- $4.17
- Slippage, 4 orders
- −$175.29
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$112.09
- Costs to cover
- 1.943%
- Break-even
- 17.1 days
Slippage from edgeX: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 14.93 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.97 bp | 58.3 bp −$58 | doesn't fit | 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 | −0.0372% | 4h | 6.7389 | long leg | $8K | $162K | 10x | |
| Bitget SKDDUSDT | −0.0230% | 8h | 6.7340 | −0.073% | $179K | $176K | 20x | as long as short |
| Binance SKDDUSDT | 0.0000% | 8h | 6.7396 | +0.010% | $336K | $1.0M | 20x | as long as short |
| Bybit SKDDUSDT | 0.0000% | 8h | 6.7400 | +0.017% | $56K | $147K | 25x | as long as short |
| OKX SKDD-USDT-SWAPshort | 0.0000% | 8h | 6.7450 | +0.091% | $386K | $808K | 20x | |
| Gate SKDD_USDT | 0.0000% | 8h | 6.7500 | +0.165% | $119K | $25K | 20x | as long as short |
| Phemex SKDDUSDT | 0.0000% | 8h | 6.7300 | −0.132% | $654K | $84K | 20x | as long as short |
| HTX SKDD-USDT | +0.0100% | 8h | 6.7540 | +0.224% | $2K | $72K | 20x | as long as short |
| MEXC SKDD_USDT | +0.5768% | 8h | 6.7320 | −0.102% | $831K | $117K | 20x | as long as short |
Bitget SKDDUSDT
Binance SKDDUSDT
Bybit SKDDUSDT
Gate SKDD_USDT
Phemex SKDDUSDT
HTX SKDD-USDT
MEXC SKDD_USDT