Funding you earn now, next payment 08:00 UTC−0.0254%/8h= −27.8% APRpaid last 24h +0.027%
Price spread now: edgeX against Binance+0.988%50s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$960.964% of the position
Funding, last 7 days+0.375%+$37 on $10k
+Price spread, last 4 days (all we have)−0.722%−$72 · spread now +0.988%, 7d avg +0.040%
=Together, before fees−0.348%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.948% dearer against Binance than usual: you sell high and buy low (spread +0.988% now, against its 7-day average of +0.040%): +$95 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.375%, so the current rate has only just turned against you. The two prices were read 50 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 | Binance SKUUUSDT | 30.547 | 0 | get 0.0000% / 8h | 3h 48m | $599K | $1.4M | 20x |
| Short | edgeX SKUUUSDC | 30.849 | −0.0254 | pay 0.0127% / 4h | 3h 48m | $190K | $289K | 10x |
Binance SKUUUSDT
edgeX SKUUUSDCFunding 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
- −$53.31
- Price spread: +0.988% → +0.040%
- $94.8
- Slippage, 4 orders
- −$77.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$54.9
- Costs to cover
- 0.964%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; edgeX: 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 Binance live order book, 14 min ago | 3.22 bp | 15.6 bp −$16 | 60.8 bp −$608 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 11.35 bp | 24.1 bp −$24 | 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 | −0.4845% | 8h | 30.570 | +0.076% | $9.3M | $86K | 20x | as long as short |
| edgeX SKUUUSDCshort | −0.0254% | 4h | 30.849 | +0.988% | $190K | $289K | 10x | |
| Binance SKUUUSDTlong | 0.0000% | 8h | 30.547 | long leg | $599K | $1.4M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.530 | −0.055% | $272K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.560 | +0.044% | $725K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 30.546 | −0.002% | $232K | $21K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.590 | +0.142% | $1.2M | $167K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.555 | +0.027% | $6K | $377K | 20x | as long as short |
| Bitget SKUUUSDT | +0.0214% | 8h | 30.582 | +0.116% | $583K | $309K | 20x | as long as short |
MEXC SKUU_USDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
Bitget SKUUUSDT