Settings8H · net · $10k
Funding arb · Price arb /

SKUU

RWAall SKUU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.2882%/8h= +315.5% APRpaid last 24h +0.242%
Price spread now: edgeX against Bitget+0.355%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.418%+$42 on $10k
Price spread, last 4 days (all we have)+0.439%+$44 · spread now +0.355%, 7d avg +0.054%
Together, before fees+0.856%+ Points / potential airdropedgeX: Active · farm board+$86 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$86 a day on $10k at the current rate, and edgeX is 0.301% dearer against Bitget than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.054%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.418% in total (about 21.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKUUUSDT28.736−0.2624get 0.2624% / 8h7h 38m$569K$452K20x
ShortedgeX SKUUUSDC28.8380.0258get 0.0129% / 4h3h 38m$178K$289K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$605.16
Price spread: +0.355% → +0.054%
$30.08
Slippage, 4 orders
−$104.02
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$510.22
Costs to cover
1.250%
Break-even
1.1 days
Slippage from Bitget: live order book, 56 min ago; edgeX: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 56 min ago17.26 bp43.6 bp −$4450.9 bp −$509doesn't fitdoesn't fit
Sell edgeX live order book, 59 min ago10.26 bp22.9 bp −$23doesn't fitdoesn't fitdoesn't fit

SKUU on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKUUUSDTlong−0.2624%8h28.736long leg$569K$452K20x
MEXC SKUU_USDT−0.0431%8h28.726−0.035%$8.7M$87K20xas long as short
Binance SKUUUSDT0.0000%8h28.738+0.007%$636K$1.9M20xas long as short
Bybit SKUUUSDT0.0000%8h28.690−0.160%$248K$201K25xas long as short
OKX SKUU-USDT-SWAP0.0000%8h28.730−0.021%$686K$1.3M20xas long as short
Gate SKUU_USDT0.0000%8h28.754+0.063%$212K$36K20xas long as short
Phemex SKUUUSDT0.0000%8h28.750+0.049%$1.1M$209K20xas long as short
HTX SKUU-USDT+0.0100%8h28.706−0.104%$6K$370K20xas long as short
edgeX SKUUUSDCshort+0.0258%4h28.838+0.355%$178K$289K10x