Funding you earn now, next payment 00:00 UTC+0.0480%/8h= +52.6% APRnext payment +$4.80 per $10,000 · paid last 24h +0.372%
Price spread now: MEXC against OKX−0.060%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1591.586% of the position
Funding, last 7 days+0.909%+$91 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.060%, 7d avg −0.016%
=Funding pays, the price is against you. MEXC is 0.043% cheaper against OKX than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.016%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKUU-USDT-SWAP | 30.220 | 0 | get 0.0000% / 8h | 41m 36s | $735K | $850K | 20x |
| Short | MEXC SKUU_USDT | 30.202 | 0.0480 | get 0.0480% / 8h | 41m 36s | $9.2M | $81K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $100.8
- Price spread: −0.060% → −0.016%
- −$4.32
- Slippage, 4 orders
- −$148.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$62.17
- Costs to cover
- 1.586%
- Break-even
- 11.3 days
Slippage from OKX: live order book, 35 min ago; MEXC: live order book, 1 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, 35 min ago | 5.00 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 11.09 bp | 29.4 bp −$29 | 171.9 bp −$1,719 | 226.4 bp −$22.6K | 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 | 30.200 | −0.066% | $630K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.190 | −0.099% | $280K | $120K | 25x | as long as short |
| OKX SKUU-USDT-SWAPlong | 0.0000% | 8h | 30.220 | long leg | $735K | $850K | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 30.234 | +0.046% | $232K | $17K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.213 | −0.023% | $634K | $279K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.230 | +0.033% | $1.2M | $159K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.196 | −0.079% | $7K | $393K | 20x | as long as short |
| MEXC SKUU_USDTshort | +0.0480% | 8h | 30.202 | −0.060% | $9.2M | $81K | 20x | |
| edgeX SKUUUSDC | +0.0959% | 4h | 30.240 | +0.067% | $186K | $290K | 10x | as long as short |
OKX SKUU-USDT-SWAP
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC