Funding you earn now, next payment 08:00 UTC−0.0293%/8h= −32.1% APRnext payment −$2.93 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX+0.331%7-day average +0.121% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.331%, 7d avg +0.121%
=The price spread pays, funding is against you. Phemex is 0.211% dearer against HTX than usual: you sell high and buy low (spread +0.331% now, against its 7-day average of +0.121%): +$21 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.180% in total) that is about 8.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.180% in total (about -9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.93 per $10,000. 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 | HTX SKUU-USDT | 31.077 | 0.0293 | pay 0.0293% / 8h | 6h 40m | $6K | $386K | 20x |
| Short | Phemex SKUUUSDT | 31.180 | 0 | get 0.0000% / 8h | 6h 40m | $1.2M | $164K | 20x |
HTX SKUU-USDT
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against HTX. 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
- −$61.57
- Price spread: +0.331% → +0.121%
- $21.08
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$64.49
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 28 min ago; Phemex: live order book, 2 min ago. Net counts fees only.
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 HTX live order book, 28 min ago | 41.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 8.01 bp | 54.5 bp −$54 | 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 | −0.0261% | 8h | 31.147 | +0.225% | $9.5M | $83K | 20x | as long as short |
| edgeX SKUUUSDC | −0.0145% | 4h | 31.161 | +0.272% | $192K | $286K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 31.140 | +0.203% | $598K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.110 | +0.106% | $285K | $142K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.160 | +0.267% | $747K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 31.140 | +0.203% | $237K | $19K | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 31.180 | +0.331% | $1.2M | $164K | 20x | |
| HTX SKUU-USDTlong | +0.0293% | 8h | 31.077 | long leg | $6K | $386K | 20x | |
| Bitget SKUUUSDT | +0.1164% | 8h | 31.151 | +0.238% | $595K | $284K | 20x | as long as short |
MEXC SKUU_USDT
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Bitget SKUUUSDT