Funding you earn now, next payment 08:00 UTC−0.3041%/8h= −333.0% APRpaid last 24h −0.027%
Price spread now: MEXC against edgeX+0.207%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1141.145% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)−0.553%−$55 · spread now +0.207%, 7d avg −0.049%
=Together, before fees−0.538%+ Points / potential airdropedgeX: Active · farm board−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.256% dearer against edgeX than usual: you sell high and buy low (spread +0.207% now, against its 7-day average of −0.049%): +$26 on $10k if it goes back. Holding the pair costs −$91 a day in funding at the current rate, which eats that in about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% 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 | 29.584 | 0.0574 | pay 0.0287% / 4h | 2h 06m | $182K | $289K | 10x |
| Short | MEXC SKUU_USDT | 29.645 | −0.2467 | pay 0.2467% / 8h | 2h 06m | $9.0M | $88K | 20x |
edgeX SKUUUSDC
MEXC SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$638.69
- Price spread: +0.207% → −0.049%
- $25.65
- Slippage, 4 orders
- −$105.46
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$727.5
- Costs to cover
- 1.145%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 41 min ago; MEXC: 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 edgeX live order book, 41 min ago | 8.35 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 17.19 bp | 25.7 bp −$26 | 132.8 bp −$1,328 | 211.5 bp −$21.1K | 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_USDTshort | −0.2467% | 8h | 29.645 | +0.207% | $9.0M | $88K | 20x | |
| Bitget SKUUUSDT | −0.2449% | 8h | 29.749 | +0.559% | $562K | $371K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.754 | +0.576% | $598K | $1.5M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.670 | +0.292% | $236K | $168K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.740 | +0.528% | $717K | $1.2M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.736 | +0.515% | $225K | $23K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.730 | +0.494% | $1.2M | $180K | 20x | as long as short |
| HTX SKUU-USDT | +0.0046% | 8h | 29.743 | +0.538% | $6K | $371K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0574% | 4h | 29.584 | long leg | $182K | $289K | 10x |
Bitget SKUUUSDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT