Funding you earn now, next payment 08:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.006%
Price spread now: Phemex against edgeX+0.107%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1371.371% of the position
Funding, last 7 days−0.428%−$43 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.107%, 7d avg +0.006%
=Together, before fees−0.571%+ Points / potential airdropedgeX: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.101% dearer against edgeX than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.006%): +$10 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKUUUSDC | 29.169 | 0.0172 | pay 0.0086% / 4h | 50m 40s | $180K | $290K | 10x |
| Short | Phemex SKUUUSDT | 29.200 | 0 | get 0.0000% / 8h | 50m 40s | $1.2M | $201K | 20x |
edgeX SKUUUSDC
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$36.03
- Price spread: +0.107% → +0.006%
- $10.1
- Slippage, 4 orders
- −$116.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$163.04
- Costs to cover
- 1.371%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 min ago; Phemex: live order book, 2 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, 52 min ago | 10.23 bp | 23.2 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 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 | −0.2865% | 8h | 29.218 | +0.169% | $574K | $442K | 20x | as long as short |
| MEXC SKUU_USDT | −0.2469% | 8h | 29.175 | +0.022% | $8.9M | $86K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.191 | +0.077% | $609K | $1.8M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.130 | −0.133% | $242K | $189K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.200 | +0.107% | $714K | $1.2M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.148 | −0.071% | $220K | $37K | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 29.200 | +0.107% | $1.2M | $201K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 29.093 | −0.260% | $6K | $371K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0172% | 4h | 29.169 | long leg | $180K | $290K | 10x |
Bitget SKUUUSDT
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
HTX SKUU-USDT