Funding you earn now, next payment 08:00 UTC−0.2543%/8h= −278.5% APRpaid last 24h −0.027%
Price spread now: Bitget against edgeX+0.338%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$1161.163% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.674%−$67 · spread now +0.338%, 7d avg −0.051%
=Together, before fees−0.836%+ Points / potential airdropedgeX: Active · farm board−$84 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.389% dearer against edgeX than usual: you sell high and buy low (spread +0.338% now, against its 7-day average of −0.051%): +$39 on $10k if it goes back. Holding the pair costs −$76 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.162% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.162% in total (about -8.5% 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 | 29.343 | 0.0052 | pay 0.0026% / 4h | 2h 13m | $181K | $291K | 10x |
| Short | Bitget SKUUUSDT | 29.442 | −0.2491 | pay 0.2491% / 8h | 2h 13m | $556K | $371K | 20x |
edgeX SKUUUSDC
Bitget SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$534.06
- Price spread: +0.338% → −0.051%
- $38.89
- Slippage, 4 orders
- −$95.33
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$611.5
- Costs to cover
- 1.163%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 35 min ago; Bitget: live order book, 32 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, 35 min ago | 8.35 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 32 min ago | 13.70 bp | 51.1 bp −$51 | 55.7 bp −$557 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKUU_USDT | −0.3656% | 8h | 29.392 | +0.167% | $8.9M | $87K | 20x | as long as short |
| Bitget SKUUUSDTshort | −0.2491% | 8h | 29.442 | +0.338% | $556K | $371K | 20x | |
| Binance SKUUUSDT | 0.0000% | 8h | 29.430 | +0.297% | $593K | $1.5M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.310 | −0.112% | $234K | $168K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.430 | +0.297% | $710K | $1.2M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.435 | +0.314% | $223K | $23K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.420 | +0.263% | $1.2M | $180K | 20x | as long as short |
| HTX SKUU-USDT | +0.0012% | 8h | 29.342 | −0.003% | $6K | $372K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0052% | 4h | 29.343 | long leg | $181K | $291K | 10x |
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT