Funding you earn now, next payment 08:00 UTC−0.2779%/8h= −304.3% APRnext payment −$27.79 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.007%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1051.054% of the position
Funding, last 7 days+0.389%+$39 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now −0.007%, 7d avg −0.051%
=The price spread pays, funding is against you. MEXC is 0.044% dearer against Binance than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.051%): +$4 on $10k if it goes back. Holding the pair costs −$83 a day in funding at the current rate, which eats that in about 1 hour. Mind the row above: over the last 7 days funding on this pair paid +0.389%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.389% in total (about 20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$27.79 per $10,000. 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 | Binance SKUUUSDT | 29.261 | 0 | get 0.0000% / 8h | 37m 22s | $608K | $1.8M | 20x |
| Short | MEXC SKUU_USDT | 29.259 | −0.2779 | pay 0.2779% / 8h | 37m 22s | $8.9M | $87K | 20x |
Binance SKUUUSDT
MEXC SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$583.59
- Price spread: −0.007% → −0.051%
- $4.38
- Slippage, 4 orders
- −$95.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$684.63
- Costs to cover
- 1.054%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; MEXC: live order book, just now.
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, 11 min ago | 5.13 bp | 20.7 bp −$21 | 82.7 bp −$827 | doesn't fit | doesn't fit |
| Sell MEXC live order book, just now | 4.44 bp | 30.1 bp −$30 | 164.8 bp −$1,648 | 215.3 bp −$21.5K | 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_USDTshort | −0.2779% | 8h | 29.259 | −0.007% | $8.9M | $87K | 20x | |
| Bitget SKUUUSDT | −0.2773% | 8h | 29.270 | +0.031% | $574K | $447K | 20x | as long as short |
| Binance SKUUUSDTlong | 0.0000% | 8h | 29.261 | long leg | $608K | $1.8M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.230 | −0.106% | $242K | $190K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.280 | +0.065% | $711K | $1.3M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.278 | +0.058% | $221K | $37K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.270 | +0.031% | $1.2M | $202K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.253 | −0.027% | $6K | $371K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0696% | 4h | 29.258 | −0.010% | $180K | $290K | 10x | as long as short |
Bitget SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC