Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h +0.372%
Price spread now: MEXC against Bybit+0.010%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1911.915% of the position
Funding, last 7 days+1.024%+$102 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.010%, 7d avg +0.093%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.083% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.093%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.024%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKUUUSDT | 29.910 | 0 | get 0.0000% / 8h | 1h 47m | $277K | $120K | 25x |
| Short | MEXC SKUU_USDT | 29.913 | −0.0032 | pay 0.0032% / 8h | 1h 47m | $9.1M | $81K | 20x |
Bybit SKUUUSDT
MEXC SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$6.72
- Price spread: +0.010% → +0.093%
- −$8.34
- Slippage, 4 orders
- −$180.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$206.55
- Costs to cover
- 1.915%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; MEXC: live order book, 5 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, 26 min ago | 15.09 bp | 86.9 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 11.36 bp | 12.2 bp −$12 | 119.6 bp −$1,196 | 223.9 bp −$22.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDC | −0.0602% | 4h | 29.942 | +0.108% | $185K | $288K | 10x | as long as short |
| MEXC SKUU_USDTshort | −0.0032% | 8h | 29.913 | +0.010% | $9.1M | $81K | 20x | |
| Binance SKUUUSDT | 0.0000% | 8h | 29.940 | +0.100% | $628K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDTlong | 0.0000% | 8h | 29.910 | long leg | $277K | $120K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.940 | +0.100% | $727K | $838K | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.907 | −0.010% | $230K | $16K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 29.925 | +0.050% | $629K | $255K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.940 | +0.100% | $1.2M | $159K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.849 | −0.204% | $6K | $395K | 20x | as long as short |
edgeX SKUUUSDC
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
HTX SKUU-USDT