Funding you earn now, next payment 08:00 UTC−0.1164%/8h= −127.5% APRnext payment −$11.64 per $10,000 · paid last 24h −0.145%
Price spread now: OKX against MEXC+0.026%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
Funding, last 7 days−0.742%−$74 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.026%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$35 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.742% in total (about -38.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$11.64 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 | 31.132 | 0.1164 | pay 0.1164% / 8h | 6h 38m | $9.5M | $83K | 20x |
| Short | OKX SKUU-USDT-SWAP | 31.140 | 0 | get 0.0000% / 8h | 6h 38m | $747K | $1.1M | 20x |
MEXC SKUU_USDT
OKX SKUU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$244.44
- Price spread: +0.026% → +0.016%
- $0.93
- Slippage, 4 orders
- −$89.59
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$343.1
- Costs to cover
- 0.996%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: 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 MEXC live order book, 4 min ago | 12.37 bp | 21.8 bp −$22 | 121.2 bp −$1,212 | 219.9 bp −$22.0K | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.21 bp | 18.6 bp −$19 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDC | −0.0145% | 4h | 31.161 | +0.095% | $192K | $286K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 31.130 | −0.006% | $597K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.100 | −0.103% | $285K | $142K | 25x | as long as short |
| OKX SKUU-USDT-SWAPshort | 0.0000% | 8h | 31.140 | +0.026% | $747K | $1.1M | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 31.124 | −0.026% | $237K | $19K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.130 | −0.006% | $1.2M | $164K | 20x | as long as short |
| HTX SKUU-USDT | +0.0230% | 8h | 31.063 | −0.222% | $6K | $386K | 20x | as long as short |
| Bitget SKUUUSDT | +0.1153% | 8h | 31.132 | 0.000% | $595K | $284K | 20x | as long as short |
| MEXC SKUU_USDTlong | +0.1164% | 8h | 31.132 | long leg | $9.5M | $83K | 20x |
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
Bitget SKUUUSDT