Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%
Price spread now: Phemex against Binance+0.131%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1311.309% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.255%−$26 · spread now +0.131%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.093% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKUUUSDT | 30.550 | 0 | get 0.0000% / 8h | 3h 46m | $599K | $1.4M | 20x |
| Short | Phemex SKUUUSDT | 30.590 | 0 | get 0.0000% / 8h | 3h 46m | $1.2M | $167K | 20x |
Binance SKUUUSDT
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.131% → +0.038%
- $9.34
- Slippage, 4 orders
- −$108.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$121.57
- Costs to cover
- 1.309%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Phemex: live order book, 1 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, 1 min ago | 1.63 bp | 17.5 bp −$17 | 88.4 bp −$884 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 8.17 bp | 51.4 bp −$51 | 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 | −0.4762% | 8h | 30.564 | +0.046% | $9.3M | $86K | 20x | as long as short |
| Binance SKUUUSDTlong | 0.0000% | 8h | 30.550 | long leg | $599K | $1.4M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.550 | 0.000% | $272K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.570 | +0.065% | $726K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 30.559 | +0.029% | $232K | $21K | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 30.590 | +0.131% | $1.2M | $167K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 30.546 | −0.013% | $6K | $377K | 20x | as long as short |
| Bitget SKUUUSDT | +0.0175% | 8h | 30.559 | +0.029% | $582K | $309K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0613% | 4h | 30.582 | +0.105% | $188K | $290K | 10x | as long as short |
MEXC SKUU_USDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
HTX SKUU-USDT
Bitget SKUUUSDT
edgeX SKUUUSDC