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 Bybit+0.172%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2192.188% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.172%, 7d avg +0.132%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.040% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.132%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKUUUSDT | 29.120 | 0 | get 0.0000% / 8h | 51m 48s | $242K | $189K | 25x |
| Short | Phemex SKUUUSDT | 29.170 | 0 | get 0.0000% / 8h | 51m 48s | $1.2M | $201K | 20x |
Bybit SKUUUSDT
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.172% → +0.132%
- $3.96
- Slippage, 4 orders
- −$195.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$214.84
- Costs to cover
- 2.188%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 33 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 Bybit live order book, 33 min ago | 10.27 bp | 86.6 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 8.57 bp | 42.4 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDT | −0.2867% | 8h | 29.218 | +0.337% | $574K | $442K | 20x | as long as short |
| MEXC SKUU_USDT | −0.2557% | 8h | 29.146 | +0.089% | $8.9M | $86K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.189 | +0.238% | $609K | $1.8M | 20x | as long as short |
| Bybit SKUUUSDTlong | 0.0000% | 8h | 29.120 | long leg | $242K | $189K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.190 | +0.240% | $714K | $1.2M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.146 | +0.089% | $220K | $37K | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 29.170 | +0.172% | $1.2M | $201K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 29.082 | −0.130% | $6K | $371K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0643% | 4h | 29.032 | −0.302% | $179K | $289K | 10x | as long as short |
Bitget SKUUUSDT
MEXC SKUU_USDT
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
HTX SKUU-USDT
edgeX SKUUUSDC