Funding you earn now, next payment 00:00 UTC−0.0602%/8h= −65.9% APRpaid last 24h +0.065%
Price spread now: edgeX against OKX+0.008%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1541.544% of the position
Funding, last 7 days+0.292%+$29 on $10k
+Price spread, last 3 days (all we have)+0.374%+$37 · spread now +0.008%, 7d avg +0.029%
=Together, before fees+0.665%+ Points / potential airdropedgeX: Active · farm board+$67 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and edgeX is 0.022% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.292%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.292% in total (about 15.2% a year). A funding rate is set anew for every payment. 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 | OKX SKUU-USDT-SWAP | 29.940 | 0 | get 0.0000% / 8h | 1h 46m | $727K | $838K | 20x |
| Short | edgeX SKUUUSDC | 29.942 | −0.0602 | pay 0.0301% / 4h | 1h 46m | $185K | $288K | 10x |
OKX SKUU-USDT-SWAP
edgeX SKUUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against OKX. 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
- −$126.37
- Price spread: +0.008% → +0.029%
- −$2.19
- Slippage, 4 orders
- −$135.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$282.98
- Costs to cover
- 1.544%
- Break-even
- never at this rate
Slippage from OKX: live order book, 34 min ago; edgeX: live order book, 36 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 OKX live order book, 34 min ago | 6.70 bp | 66.7 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 10.04 bp | 23.2 bp −$23 | 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 SKUUUSDCshort | −0.0602% | 4h | 29.942 | +0.008% | $185K | $288K | 10x | |
| MEXC SKUU_USDT | −0.0032% | 8h | 29.901 | −0.130% | $9.1M | $81K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.916 | −0.082% | $628K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.890 | −0.167% | $277K | $120K | 25x | as long as short |
| OKX SKUU-USDT-SWAPlong | 0.0000% | 8h | 29.940 | long leg | $727K | $838K | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 29.899 | −0.137% | $229K | $16K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 29.923 | −0.057% | $629K | $255K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.920 | −0.067% | $1.2M | $159K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.884 | −0.187% | $7K | $395K | 20x | as long as short |
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
HTX SKUU-USDT