Funding you earn now, next payment 08:00 UTC−0.2633%/8h= −288.3% APRnext payment −$26.33 per $10,000 · paid last 24h −0.145%
Price spread now: Bybit against MEXC+0.189%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1741.739% of the position
Funding, last 7 days−0.809%−$81 on $10k
+Price spread, last 4 days (all we have)−0.264%−$26 · spread now +0.189%, 7d avg −0.093%
=The price spread pays, funding is against you. Bybit is 0.282% dearer against MEXC than usual: you sell high and buy low (spread +0.189% now, against its 7-day average of −0.093%): +$28 on $10k if it goes back. Holding the pair costs −$79 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.809% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.809% in total (about -42.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$26.33 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 | 31.201 | 0.2633 | pay 0.2633% / 8h | 7h 27m | $9.5M | $82K | 20x |
| Short | Bybit SKUUUSDT | 31.260 | 0 | get 0.0000% / 8h | 7h 27m | $287K | $129K | 25x |
MEXC SKUU_USDT
Bybit SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$552.93
- Price spread: +0.189% → −0.093%
- $28.25
- Slippage, 4 orders
- −$162.93
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$698.62
- Costs to cover
- 1.739%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 28 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, 5 min ago | 17.05 bp | 32.0 bp −$32 | 160.6 bp −$1,606 | 215.0 bp −$21.5K | doesn't fit |
| Sell Bybit live order book, 28 min ago | 11.26 bp | 28.7 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKUUUSDT | 0.0000% | 8h | 31.272 | +0.229% | $608K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDTshort | 0.0000% | 8h | 31.260 | +0.189% | $287K | $129K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.310 | +0.349% | $762K | $1.0M | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.220 | +0.061% | $1.2M | $161K | 20x | as long as short |
| Gate SKUU_USDT | +0.0134% | 8h | 31.270 | +0.221% | $238K | $18K | 20x | as long as short |
| Bitget SKUUUSDT | +0.0685% | 8h | 31.248 | +0.151% | $629K | $258K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0744% | 4h | 31.075 | −0.403% | $192K | $290K | 10x | as long as short |
| MEXC SKUU_USDTlong | +0.2633% | 8h | 31.201 | long leg | $9.5M | $82K | 20x | |
| HTX SKUU-USDT | +0.2675% | 8h | 31.111 | −0.288% | $6K | $388K | 20x | as long as short |
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
edgeX SKUUUSDC
HTX SKUU-USDT