Funding you earn now, next payment 08:00 UTC+0.1068%/8h= +116.9% APRnext payment +$10.68 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.220%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1000.999% of the position
Funding, last 7 days−0.389%−$39 on $10k
+Price spread, last 7 days+0.290%+$29 · spread now −0.220%, 7d avg +0.051%
=Funding pays, the price is against you. Binance is 0.271% cheaper against MEXC than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of +0.051%). If the spread goes back, that is −$27 on $10k: about 20 hours of funding at the current rate (+$32 a day). Mind the row above: over the last 7 days funding on this pair cost −0.389%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.389% in total (about -20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.68 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 | MEXC SKUU_USDT | 29.144 | −0.1068 | get 0.1068% / 8h | 59m 32s | $8.9M | $86K | 20x |
| Short | Binance SKUUUSDT | 29.080 | 0 | get 0.0000% / 8h | 59m 32s | $605K | $1.8M | 20x |
MEXC SKUU_USDT
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $224.28
- Price spread: −0.220% → +0.051%
- −$27.09
- Slippage, 4 orders
- −$89.92
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $97.27
- Costs to cover
- 0.999%
- Break-even
- 4.0 days
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 4 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 MEXC live order book, 3 min ago | 8.75 bp | 30.2 bp −$30 | 188.4 bp −$1,884 | 244.7 bp −$24.5K | doesn't fit |
| Sell Binance live order book, 4 min ago | 5.14 bp | 27.2 bp −$27 | 74.3 bp −$743 | 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 | −0.2788% | 8h | 29.093 | −0.175% | $571K | $437K | 20x | as long as short |
| MEXC SKUU_USDTlong | −0.1068% | 8h | 29.144 | long leg | $8.9M | $86K | 20x | |
| Binance SKUUUSDTshort | 0.0000% | 8h | 29.080 | −0.220% | $605K | $1.8M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.050 | −0.323% | $242K | $188K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.090 | −0.185% | $713K | $1.2M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.137 | −0.024% | $220K | $37K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.150 | +0.021% | $1.2M | $200K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0018% | 4h | 29.190 | +0.157% | $180K | $291K | 10x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.110 | −0.117% | $6K | $371K | 20x | as long as short |
Bitget SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
edgeX SKUUUSDC
HTX SKUU-USDT