Funding you earn now, next payment 00:00 UTC+0.0807%/8h= +88.4% APRpaid last 24h +0.065%
Price spread now: edgeX against Bybit−0.021%111s7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as 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−$1891.893% of the position
Funding, last 7 days+0.406%+$41 on $10k
+Price spread, last 3 days (all we have)+0.362%+$36 · spread now −0.021%, 7d avg +0.137%
=Together, before fees+0.768%+ Points / potential airdropedgeX: Active · farm board+$77 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.158% cheaper against Bybit than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.137%). If the spread goes back, that is −$16 on $10k: about 16 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.406% in total) that is about 2.7 days. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.406% in total (about 21.2% 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 | Bybit SKUUUSDT | 30.170 | 0 | get 0.0000% / 8h | 19m 41s | $279K | $120K | 25x |
| Short | edgeX SKUUUSDC | 30.164 | 0.0807 | get 0.0404% / 4h | 19m 41s | $186K | $288K | 10x |
Bybit SKUUUSDT
edgeX SKUUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $169.52
- Price spread: −0.021% → +0.137%
- −$15.77
- Slippage, 4 orders
- −$169.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$35.51
- Costs to cover
- 1.893%
- Break-even
- 8.5 days
Slippage from Bybit: live order book, 41 min ago; edgeX: live order book, 58 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 Bybit live order book, 41 min ago | 13.33 bp | 107.4 bp −$107 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 58 min ago | 8.34 bp | 23.5 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKUUUSDT | 0.0000% | 8h | 30.216 | +0.153% | $629K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDTlong | 0.0000% | 8h | 30.170 | long leg | $279K | $120K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.210 | +0.133% | $737K | $877K | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 30.178 | +0.027% | $231K | $17K | 20x | as long as short |
| MEXC SKUU_USDT | 0.0000% | 8h | 30.186 | +0.053% | $9.2M | $82K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.195 | +0.083% | $633K | $276K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.190 | +0.066% | $1.2M | $158K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.151 | −0.063% | $7K | $391K | 20x | as long as short |
| edgeX SKUUUSDCshort | +0.0807% | 4h | 30.164 | −0.021% | $186K | $288K | 10x |
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
MEXC SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
HTX SKUU-USDT