Funding you earn now, next payment 00:00 UTC−0.0333%/8h= −36.5% APRpaid last 24h −0.065%
Price spread now: OKX against edgeX+0.069%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 3 days (all we have)−0.344%−$34 · spread now +0.069%, 7d avg −0.028%
=Together, before fees−0.635%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.098% dearer against edgeX than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.028%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.292% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKUUUSDC | 30.209 | 0.0333 | pay 0.0167% / 4h | 17m 03s | $186K | $289K | 10x |
| Short | OKX SKUU-USDT-SWAP | 30.230 | 0 | get 0.0000% / 8h | 17m 03s | $737K | $877K | 20x |
edgeX SKUUUSDC
OKX SKUU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$70
- Price spread: +0.069% → −0.028%
- $9.79
- Slippage, 4 orders
- −$120.3
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$199.51
- Costs to cover
- 1.393%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 61 min ago; OKX: live order book, 59 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, 61 min ago | 8.34 bp | 20.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 59 min ago | 5.00 bp | 42.3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKUU_USDT | −0.0087% | 8h | 30.187 | −0.073% | $9.2M | $82K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 30.210 | +0.003% | $628K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.160 | −0.162% | $279K | $120K | 25x | as long as short |
| OKX SKUU-USDT-SWAPshort | 0.0000% | 8h | 30.230 | +0.069% | $737K | $877K | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 30.179 | −0.099% | $231K | $17K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.195 | −0.046% | $633K | $276K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.200 | −0.030% | $1.2M | $158K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.123 | −0.285% | $6K | $391K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0333% | 4h | 30.209 | long leg | $186K | $289K | 10x |
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
HTX SKUU-USDT