Funding you earn now, next payment 04:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h −0.005%
Price spread now: Binance against edgeX−0.027%100s7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as 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−$810.807% of the position
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 4 days (all we have)−0.598%−$60 · spread now −0.027%, 7d avg −0.036%
=Together, before fees−0.941%+ Points / potential airdropedgeX: Active · farm board−$94 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.342%, so the current rate has only just turned in your favour. The two prices were read 100 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 -0.342% in total (about -17.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKUUUSDC | 31.288 | −0.0636 | get 0.0318% / 4h | 1h 09m | $193K | $287K | 10x |
| Short | Binance SKUUUSDT | 31.280 | 0 | get 0.0000% / 8h | 5h 09m | $598K | $1.3M | 20x |
edgeX SKUUUSDC
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $133.56
- Price spread: −0.027% → −0.036%
- $0.91
- Slippage, 4 orders
- −$61.66
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $53.81
- Costs to cover
- 0.807%
- Break-even
- 4.2 days
Slippage from edgeX: live order book, 53 min ago; Binance: live order book, 8 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 edgeX live order book, 53 min ago | 11.21 bp | 24.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.19 bp | 16.6 bp −$17 | 62.8 bp −$628 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDClong | −0.0636% | 4h | 31.288 | long leg | $193K | $287K | 10x | |
| Binance SKUUUSDTshort | 0.0000% | 8h | 31.280 | −0.027% | $598K | $1.3M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.250 | −0.122% | $287K | $141K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.300 | +0.037% | $745K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 31.235 | −0.170% | $238K | $19K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.280 | −0.027% | $1.2M | $164K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 31.273 | −0.049% | $6K | $381K | 20x | as long as short |
| MEXC SKUU_USDT | +0.0501% | 8h | 31.246 | −0.135% | $9.5M | $86K | 20x | as long as short |
| Bitget SKUUUSDT | +0.0801% | 8h | 31.228 | −0.193% | $584K | $290K | 20x | as long as short |
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
MEXC SKUU_USDT
Bitget SKUUUSDT